Sidoti Equities Analysts Lower Earnings Estimates for CTS

Key Points

• Sidoti lowered CTS’s earnings outlook: Q3 2026 EPS is now projected at $0.67, down from $0.68, while FY2026 and FY2027 estimates stand at $2.68 and $2.96, respectively.
• CTS recently beat quarterly expectations, reporting $0.74 EPS versus the $0.61 consensus and revenue of $144.78 million. Management’s FY2026 EPS guidance remains $2.55–$2.70.
• Analyst sentiment remains moderately positive, with a consensus rating of “Moderate Buy” and an average price target of $73.50 versus the stock’s $57.72 opening price; CTS also announced a quarterly dividend of $0.04 per share.

CTS Corporation (NYSE:CTS - Free Report) - Investment analysts at Sidoti reduced their Q3 2026 EPS estimates for CTS in a research report issued to clients and investors on Thursday, September 10th. Sidoti analyst J. Franzreb now forecasts that the electronics maker will earn $0.67 per share for the quarter, down from their previous forecast of $0.68. 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 $0.65 EPS, FY2026 earnings at $2.68 EPS, Q3 2027 earnings at $0.76 EPS, Q4 2027 earnings at $0.83 EPS and FY2027 earnings at $2.96 EPS.

CTS (NYSE:CTS - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.74 EPS for the quarter, beating the consensus estimate of $0.61 by $0.13. The business had revenue of $144.78 million for the quarter, compared to analyst estimates of $143.43 million. CTS had a net margin of 12.37% and a return on equity of 13.48%. During the same period in the prior year, the business earned $0.62 earnings per share. CTS has set its FY 2026 guidance at 2.550-2.700 EPS.

A number of other brokerages have also issued reports on CTS. Lake Street Capital began coverage on shares of CTS in a research report on Wednesday, September 2nd. They set a "buy" rating and a $67.00 target price on the stock. Zacks Research cut CTS from a "strong-buy" rating to a "hold" rating in a report on Monday, June 29th. Weiss Ratings downgraded CTS from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, August 25th. Barrington Research started coverage on shares of CTS in a research report on Thursday. They issued an "outperform" rating and a $80.00 price objective for the company. Finally, Wall Street Zen lowered CTS from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $73.50.

CTS Trading Down 0.2%

Shares of CTS stock opened at $57.72 on Monday. CTS has a twelve month low of $36.03 and a twelve month high of $69.55. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 1.36 and a beta of 1.03. The firm has a 50-day moving average price of $60.20 and a 200 day moving average price of $58.12. 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 Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Friday, September 25th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, September 25th. CTS's dividend payout ratio (DPR) is presently 6.72%.

Hedge Funds Weigh In On CTS

Several hedge funds and other institutional investors have recently made changes to their positions in CTS. Nykredit A S acquired a new position in CTS during the 2nd quarter worth $25,000. Global Retirement Partners LLC bought a new position in shares of CTS during the 2nd quarter valued at about $33,000. Public Employees Retirement System of Ohio acquired a new position in CTS in the second quarter worth approximately $34,000. Parallel Advisors LLC grew its holdings in shares of CTS by 308.5% in the 1st quarter. Parallel Advisors LLC now owns 1,401 shares of the electronics maker's stock worth $67,000 after acquiring an additional 1,058 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in CTS by 29.6% in the 2nd quarter. GAMMA Investing LLC now owns 1,046 shares of the electronics maker's stock worth $68,000 after purchasing an additional 239 shares in the last quarter. 96.87% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting CTS

Here are the key news stories impacting CTS this week:

• Positive Sentiment: Sidoti raised its estimate for CTS’s third-quarter 2027 earnings to $0.76 per share from $0.69, indicating improved expectations for that period. CTS analyst estimates
• Neutral Sentiment: Barrington Research initiated coverage of CTS. The available report does not provide a rating or price target, so the immediate investment implication is unclear. CTS coverage initiated at Barrington Research
• Neutral Sentiment: A separate report discusses analyst expectations for CTS’s upcoming first-quarter earnings, keeping attention focused on the company’s near-term results and guidance. Specific estimates were not included in the available headline. Equities analysts offer predictions for CTS Q1 earnings
• Negative Sentiment: Sidoti made several downward revisions: Q3 2026 EPS was reduced to $0.67 from $0.68, Q4 2026 to $0.65 from $0.69, FY2026 to $2.68 from $2.72, FY2027 to $2.96 from $2.98, and Q4 2027 to $0.83 from $1.05. These cuts could weigh on sentiment and contrast with the higher Q3 2027 forecast. Sidoti CTS earnings estimate revisions

About CTS

CTS Corporation NYSE: CTS designs and manufactures sensors, actuators, electronic components and assemblies used in a range of industrial and commercial applications. Its products include pressure, temperature and position sensors; piezoelectric and other actuators; switches; electronic controls; frequency-control products; and custom-engineered assemblies.

The company serves customers in the transportation, aerospace and defense, industrial, medical and communications markets. CTS products are used in applications such as vehicle systems, industrial automation, medical equipment, aerospace systems and other products that require sensing, control, switching or electronic connectivity.

CTS traces its history to 1896, when it was established as Chicago Telephone Supply.

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