CTS Stock Sees FY2026 Earnings Forecast Lifted at Sidoti

Key Points

• Sidoti raised CTS’s FY2026 EPS forecast to $2.82 from $2.68, above the current consensus estimate of $2.66. The firm projects further earnings growth to $3.06 in FY2027 and $3.38 in FY2028.
• CTS reported quarterly EPS of $0.77, beating expectations of $0.65, while revenue reached $149.58 million versus the $145.95 million consensus estimate.
• Analyst sentiment is broadly positive, with CTS carrying a “Moderate Buy” consensus rating and an average price target of $73.50; institutional investors own 96.87% of the shares.

CTS Corporation (NYSE:CTS - Free Report) - Investment analysts at Sidoti boosted their FY2026 EPS estimates for CTS in a report issued on Wednesday, October 28th. Sidoti analyst J. Franzreb now expects that the electronics maker will earn $2.82 per share for the year, up from their prior forecast of $2.68. The consensus estimate for CTS's current full-year earnings is $2.66 per share. Sidoti also issued estimates for CTS's Q4 2026 earnings at $0.69 EPS, Q1 2027 earnings at $0.67 EPS, Q2 2027 earnings at $0.82 EPS, Q3 2027 earnings at $0.86 EPS, Q4 2027 earnings at $0.72 EPS, FY2027 earnings at $3.06 EPS, Q1 2028 earnings at $0.74 EPS, Q2 2028 earnings at $0.92 EPS, Q3 2028 earnings at $0.96 EPS and FY2028 earnings at $3.38 EPS.

Several other research analysts also recently commented on CTS. Barrington Research began coverage on shares of CTS in a research report on Thursday, September 10th. They set an "outperform" rating and a $80.00 price objective for the company. Wall Street Zen raised CTS from a "hold" rating to a "buy" rating in a report on Sunday, September 27th. Weiss Ratings raised CTS from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Finally, Lake Street Capital began coverage on CTS in a research note on Wednesday, September 2nd. They issued a "buy" rating and a $67.00 price target on the stock. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $73.50.

CTS Stock Performance

NYSE CTS opened at $62.42 on Thursday. The firm's 50 day simple moving average is $57.44 and its 200 day simple moving average is $57.12. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 26.23, a P/E/G ratio of 1.25 and a beta of 0.99. The company has a current ratio of 2.61, a quick ratio of 2.07 and a debt-to-equity ratio of 0.10. CTS has a 1 year low of $40.15 and a 1 year high of $69.55.

CTS (NYSE:CTS - Get Free Report) last released its earnings results on Tuesday, October 27th. The electronics maker reported $0.77 EPS for the quarter, beating the consensus estimate of $0.65 by $0.12. The firm had revenue of $149.58 million for the quarter, compared to analyst estimates of $145.95 million. CTS had a net margin of 12.37% and a return on equity of 13.48%.

Institutional Investors Weigh In On CTS

Hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of CTS in the 2nd quarter valued at $293,472,000. Bank of New York Mellon Corp acquired a new stake in shares of CTS during the 2nd quarter valued at $14,716,000. Jupiter Topco LLC bought a new stake in CTS during the 2nd quarter worth $11,762,000. Bank of America Corp DE bought a new stake in CTS during the 2nd quarter worth $9,746,000. Finally, Heartland Advisors Inc. bought a new stake in CTS during the 2nd quarter worth $7,034,000. 96.87% of the stock is currently owned by institutional investors and hedge funds.

CTS Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, September 25th were issued a $0.04 dividend. The ex-dividend date of this dividend was Friday, September 25th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.3%. CTS's dividend payout ratio is 6.72%.

CTS News Roundup

Here are the key news stories impacting CTS this week:

• Positive Sentiment: CTS reported third-quarter sales of approximately $149.6 million and adjusted earnings of $0.77 per share, exceeding analyst expectations for EPS. Earnings also rose from $0.60 per share in the year-ago quarter. CTS Announces Third Quarter 2026 Results
• Positive Sentiment: Management raised its 2026 outlook to $580 million-$590 million in sales and $2.78-$2.88 in adjusted EPS. The guidance increase is a key catalyst because it signals confidence in demand and operating performance despite ongoing integration of the Millar acquisition. CTS Raises 2026 Guidance
• Positive Sentiment: The earnings call highlighted record margins, stronger EPS and momentum across CTS’s markets, reinforcing the view that cost control and product mix are supporting earnings growth. CTS Q3 2026 Earnings Call Highlights
• Positive Sentiment: Technical buying may also be contributing to the move, with CTS shares breaking above their 200-day moving average, a signal that can attract momentum-oriented investors. CTS Share Price Breaks Above 200 Day Moving Average
• Negative Sentiment: Quiver Quantitative reported that CTS insiders made three open-market sales totaling 130,000 shares over the past six months, with no reported purchases. This may temper bullish sentiment, although the sales predate the latest earnings release. CTS Releases Q3 2026 Earnings

About CTS

CTS Corporation NYSE: CTS is a designer and manufacturer of sensors, actuators, and electronic components for original equipment manufacturers and industrial customers. The company develops custom-engineered solutions that help measure, control, and manage electrical and mechanical functions in a range of products and systems.

Its offerings include position, pressure, temperature, and motion sensors; piezoelectric and electronic components; switches, controls, and actuators; and other sensing and mechatronic products.

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