CTS (NYSE:CTS) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• CTS shares crossed above their 200-day moving average, reaching $62.96 and last trading near $61.77, compared with the average of $59.16.
• Analyst sentiment is moderately bullish: CTS has a consensus “Moderate Buy” rating and an average price target of $73.50, although some firms recently downgraded the stock to “Hold.”
• CTS beat quarterly earnings expectations, reporting $0.74 EPS versus $0.61 expected, while maintaining fiscal 2026 EPS guidance of $2.55–$2.70. The company also declared a $0.04 quarterly dividend, yielding approximately 0.3%.

CTS Corporation (NYSE:CTS - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $59.16 and traded as high as $62.96. CTS shares last traded at $61.7680, with a volume of 267,954 shares.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Barrington Research assumed coverage on CTS in a report on Thursday, September 10th. They issued an "outperform" rating and a $80.00 price objective for the company. Lake Street Capital initiated coverage on CTS in a report on Wednesday, September 2nd. They set a "buy" rating and a $67.00 target price on the stock. Wall Street Zen raised CTS from a "hold" rating to a "buy" rating in a research report on Sunday, September 27th. Zacks Research cut CTS from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 29th. Finally, Weiss Ratings downgraded CTS from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, August 25th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $73.50.

CTS Price Performance

The business has a fifty day moving average of $59.89 and a two-hundred day moving average of $59.16. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.07 and a current ratio of 2.61. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 25.95, a price-to-earnings-growth ratio of 1.45 and a beta of 0.99.

CTS (NYSE:CTS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.13. CTS had a return on equity of 13.48% and a net margin of 12.37%.The business had revenue of $144.78 million during the quarter, compared to the consensus estimate of $143.43 million. During the same quarter last year, the firm posted $0.62 EPS. CTS has set its FY 2026 guidance at 2.550-2.700 EPS. As a group, research analysts predict that CTS Corporation will post 2.66 EPS for the current fiscal year.

CTS Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. raised its holdings in CTS by 48.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,093 shares of the electronics maker's stock valued at $462,000 after acquiring an additional 2,308 shares during the period. Engineers Gate Manager LP bought a new stake in shares of CTS during the second quarter worth approximately $853,000. Integrated Wealth Concepts LLC acquired a new position in shares of CTS in the second quarter valued at approximately $79,000. Squarepoint Ops LLC acquired a new position in shares of CTS in the second quarter valued at approximately $667,000. Finally, Nykredit A S bought a new position in shares of CTS during the second quarter worth approximately $25,000. Institutional investors and hedge funds own 96.87% of the company's stock.

CTS Company Profile

CTS Corporation NYSE: CTS is a designer and manufacturer of sensors, actuators and electronic components used by original equipment manufacturers and industrial customers. Its products help detect, measure, control and transmit electronic signals in a range of applications.

The company's product portfolio includes pressure, temperature and position sensors; piezoelectric and electronic actuators; switches; embedded controls; and other specialized electronic components. CTS serves customers in the transportation, aerospace and defense, medical, industrial and communications markets, with products incorporated into vehicles, medical equipment, industrial systems and other electronic devices.

CTS traces its origins to 1896 and has developed from a supplier of electronic components into a global manufacturing and engineering company.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.