CTS (NYSE:CTS) Rating Lowered to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen downgraded CTS from “strong buy” to “buy,” while Zacks Research lowered its rating to “hold.” The stock’s overall analyst consensus remains “Moderate Buy.”
• CTS reported quarterly EPS of $0.74, exceeding the $0.61 consensus estimate, while revenue of $144.78 million also topped expectations. Management provided fiscal 2026 EPS guidance of $2.55–$2.70.
• CTS shares opened at $66.35, near their 52-week high of $69.55, and institutional investors own 96.87% of the company’s stock.

CTS (NYSE:CTS - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a report issued on Saturday.

Other research analysts also recently issued reports about the company. Zacks Research downgraded CTS from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 29th. Weiss Ratings upgraded CTS from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

CTS Trading Up 0.1%

NYSE:CTS opened at $66.35 on Friday. The stock has a 50-day simple moving average of $63.57 and a 200-day simple moving average of $57.14. The stock has a market cap of $1.89 billion, a P/E ratio of 27.88, a P/E/G ratio of 1.52 and a beta of 1.05. CTS has a 1 year low of $36.03 and a 1 year high of $69.55. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.07 and a current ratio of 2.61.

CTS (NYSE:CTS - Get Free Report) last posted its earnings results on Tuesday, July 28th. The electronics maker reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.13. The business had revenue of $144.78 million for the quarter, compared to analysts' expectations of $143.43 million. CTS had a return on equity of 13.48% and a net margin of 12.37%.During the same quarter in the previous year, the firm earned $0.62 earnings per share. CTS has set its FY 2026 guidance at 2.550-2.700 EPS. As a group, analysts anticipate that CTS will post 2.72 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CTS

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tudor Investment Corp ET AL grew its holdings in CTS by 103.4% during the 3rd quarter. Tudor Investment Corp ET AL now owns 85,266 shares of the electronics maker's stock valued at $3,406,000 after buying an additional 43,341 shares during the last quarter. Seizert Capital Partners LLC acquired a new position in shares of CTS in the fourth quarter worth $2,202,000. Entropy Technologies LP acquired a new position in shares of CTS in the first quarter worth $387,000. Parallel Advisors LLC lifted its position in shares of CTS by 308.5% in the first quarter. Parallel Advisors LLC now owns 1,401 shares of the electronics maker's stock valued at $67,000 after acquiring an additional 1,058 shares in the last quarter. Finally, Horizon Investments LLC lifted its position in shares of CTS by 4.7% in the fourth quarter. Horizon Investments LLC now owns 14,084 shares of the electronics maker's stock valued at $604,000 after acquiring an additional 631 shares in the last quarter. Institutional investors and hedge funds own 96.87% of the company's stock.

CTS Company Profile

CTS Corporation NYSE: CTS is a global manufacturer and supplier of electronic components and sensors, headquartered in Lisle, Illinois. Established in 1896 as the Chicago Telephone Supply Company, the firm has evolved over more than a century to become a diversified provider of high-precision products for a wide range of end markets.

The company's core business encompasses the design, development and production of sensors and actuators, frequency control devices such as quartz crystals and filters, multilayer ceramic capacitors, and inductive components.

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