CTS Corporation designs, manufactures, and sells a range of sensors, electronic components, and actuators primarily to original equipment manufacturers for the aerospace, defense, communications, industrial, information technology, medical, and transportation markets. The company offers sensors and actuators used in passenger or consumer vehicles; electronic components used in communications infrastructure, information technology and other high-speed applications, switches, and potentiometers supplied to various markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, defense and aerospace, and information technology markets. It markets its products through its sales engineers, independent manufacturers' representatives, and distributors in China, Denmark, Germany, India, Japan, Scotland, Singapore, Taiwan, the United States, the Czech Republic, and internationally. The company was founded in 1896 and is based in Lisle, Illinois.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Printed circuit boards
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
SymbolNYSE:CTS
CUSIP12650110
Phone630-577-8800
Debt
Debt-to-Equity Ratio0.16
Current Ratio2.21
Quick Ratio1.81
Price-To-Earnings
Trailing P/E Ratio28.98
Forward P/E Ratio25.43
P/E GrowthN/A
Sales & Book Value
Annual Sales$422.99 million
Price / Sales2.77
Cash Flow$1.9212 per share
Price / Cash18.40
Book Value$10.44 per share
Price / Book3.39
Profitability
EPS (Most Recent Fiscal Year)$1.23
Net Income$14.44 million
Net Margins3.29%
Return on Equity13.57%
Return on Assets8.80%
Miscellaneous
Employees3,222
Outstanding Shares33,090,000
Market Cap$1.14 billion
CTS (NYSE:CTS) Frequently Asked Questions
What is CTS's stock symbol?
CTS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTS."
How often does CTS pay dividends? What is the dividend yield for CTS?
CTS declared a quarterly dividend on Thursday, May 17th. Investors of record on Friday, June 22nd will be given a dividend of $0.04 per share on Friday, July 27th. This represents a $0.16 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Thursday, June 21st. View CTS's Dividend History.
How were CTS's earnings last quarter?
CTS Co. (NYSE:CTS) posted its quarterly earnings data on Thursday, July, 26th. The electronics maker reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. The electronics maker had revenue of $118.02 million for the quarter, compared to analyst estimates of $113.51 million. CTS had a return on equity of 13.57% and a net margin of 3.29%. The business's revenue was up 11.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.28 earnings per share. View CTS's Earnings History.
When is CTS's next earnings date?
What guidance has CTS issued on next quarter's earnings?
CTS updated its FY18 earnings guidance on Thursday, July, 26th. The company provided earnings per share guidance of $1.40-1.55 for the period, compared to the Thomson Reuters consensus estimate of $1.37. The company issued revenue guidance of $450-465 million, compared to the consensus revenue estimate of $455.99 million.
Who are some of CTS's key competitors?
Some companies that are related to CTS include Sanmina (SANM), Plexus (PLXS), TTM Technologies (TTMI), Celestica (CLS), Benchmark Electronics (BHE), Kimball Electronics (KE), Park Electrochemical (PKE), Sparton (SPA), SMTC (SMTX), IEC Electronics (IEC), NANO DIMENSION/S (NNDM), SigmaTron International (SGMA) and Eltek (ELTK).
Who are CTS's key executives?
CTS's management team includes the folowing people:
- Mr. Kieran M. O'Sullivan, Chairman, Pres & CEO (Age 56)
- Mr. Ashish Agrawal, VP & CFO (Age 47)
- Mr. Luis Francisco Machado, VP, Gen. Counsel & Sec. (Age 55)
- Mr. Mitchell J. Walorski, Director of Investor Relations
Has CTS been receiving favorable news coverage?
Media coverage about CTS stock has been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CTS earned a news impact score of 0.16 on Accern's scale. They also assigned press coverage about the electronics maker an impact score of 45.51 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for CTS.
Who are CTS's major shareholders?
CTS's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.85%), Dimensional Fund Advisors LP (7.67%), Gamco Investors INC. ET AL (6.79%), Janus Henderson Group PLC (4.29%), FMR LLC (3.88%) and Brown Advisory Inc. (2.70%). View Institutional Ownership Trends for CTS.
Which institutional investors are selling CTS stock?
CTS stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Janus Henderson Group PLC, Dimensional Fund Advisors LP, Gamco Investors INC. ET AL, First Trust Advisors LP, Pinebridge Investments L.P., Wedge Capital Management L L P NC and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for CTS.
Which institutional investors are buying CTS stock?
CTS stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Tributary Capital Management LLC, James Investment Research Inc., United Services Automobile Association, Sensato Investors LLC, Bank of America Corp DE and First National Bank of Omaha. View Insider Buying and Selling for CTS.
How do I buy shares of CTS?
Shares of CTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CTS's stock price today?
One share of CTS stock can currently be purchased for approximately $35.35.
How big of a company is CTS?
CTS has a market capitalization of $1.14 billion and generates $422.99 million in revenue each year. The electronics maker earns $14.44 million in net income (profit) each year or $1.23 on an earnings per share basis. CTS employs 3,222 workers across the globe.
How can I contact CTS?
CTS's mailing address is 4925 Indiana Avenue, Lisle IL, 60532. The electronics maker can be reached via phone at 630-577-8800.
MarketBeat Community Rating for CTS (NYSE CTS)
MarketBeat's community ratings are surveys of what our community members think about CTS and other stocks. Vote "Outperform" if you believe CTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
