CTS Stock Forecast, Price & News

Wall Street analysts have given CTS a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CTS wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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CTS saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 362,600 shares, an increase of 46.6% from the June 30th total of 247,400 shares. Based on an average trading volume of 170,900 shares, the short-interest ratio is presently 2.1 days. Approximately 1.2% of the company's stock are short sold.
View CTS's Short Interest.

CTS is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for CTS.

CTS Co. (NYSE:CTS) announced its earnings results on Monday, July, 26th. The electronics maker reported $0.52 EPS for the quarter, topping the consensus estimate of $0.38 by $0.14. The electronics maker had revenue of $129.59 million for the quarter, compared to the consensus estimate of $122.47 million. CTS had a net margin of 7.86% and a trailing twelve-month return on equity of 13.16%. The business's revenue for the quarter was up 53.9% on a year-over-year basis. During the same quarter last year, the company posted $0.16 earnings per share.
View CTS's earnings history.

CTS's stock was trading at $23.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CTS stock has increased by 50.8% and is now trading at $34.95.
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CTS declared a quarterly dividend on Friday, May 14th. Investors of record on Friday, June 18th will be given a dividend of $0.04 per share on Friday, July 23rd. This represents a $0.16 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date is Thursday, June 17th.
View CTS's dividend history.

CTS pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.46%. CTS does not yet have a strong track record of dividend growth. The dividend payout ratio of CTS is 14.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTS will have a dividend payout ratio of 8.89% next year. This indicates that CTS will be able to sustain or increase its dividend.
View CTS's dividend history.

CTS updated its FY 2021 earnings guidance on Tuesday, August, 3rd. The company provided EPS guidance of $1.700-$1.900 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.560. The company issued revenue guidance of $480 million-$500 million, compared to the consensus revenue estimate of $490.27 million.

12 employees have rated CTS CEO Kieran O Sullivan on Glassdoor.com. Kieran O Sullivan has an approval rating of 13% among CTS's employees. This puts Kieran O Sullivan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to CTS include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Fabrinet (FN), Mercury Systems (MRCY), Plexus (PLXS), Sanmina (SANM), Methode Electronics (MEI), TTM Technologies (TTMI), Benchmark Electronics (BHE), Park Aerospace (PKE), Key Tronic (KTCC) and Neonode (NEON).
View all of CTS's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CTS investors own include AT&T (T), Gilead Sciences (GILD), International Business Machines (IBM), Kohl's (KSS), SM Energy (SM), Allena Pharmaceuticals (ALNA), B&G Foods (BGS), British American Tobacco (BTI), Caterpillar (CAT) and eBay (EBAY).

CTS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTS."

CTS's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Victory Capital Management Inc. (1.89%), Rhumbline Advisers (0.33%), Monarch Partners Asset Management LLC (0.24%), Alliancebernstein L.P. (0.16%), Envestnet Asset Management Inc. (0.14%) and Russell Investments Group Ltd. (0.11%).
View institutional ownership trends for CTS.

CTS stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Russell Investments Group Ltd., Rhumbline Advisers, Arizona State Retirement System, and Alliancebernstein L.P..
View insider buying and selling activity for CTS or view top insider-selling stocks.

CTS stock was bought by a variety of institutional investors in the last quarter, including Jackson Creek Investment Advisors LLC, Monarch Partners Asset Management LLC, Envestnet Asset Management Inc., Seizert Capital Partners LLC, Legato Capital Management LLC, Tuttle Tactical Management, American Century Companies Inc., and Advisor Group Holdings Inc..
View insider buying and selling activity for CTS or or view top insider-buying stocks.

Shares of CTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CTS stock can currently be purchased for approximately $34.95.

CTS has a market capitalization of $1.13 billion and generates $424.07 million in revenue each year. The electronics maker earns $34.69 million in net income (profit) each year or $1.12 on an earnings per share basis.

CTS employs 3,786 workers across the globe.

The official website for CTS is www.ctscorp.com.

CTS is headquartered at 4925 Indiana Avenue, Lisle IL, 60532.

CTS's mailing address is 4925 Indiana Avenue, Lisle IL, 60532. The electronics maker can be reached via phone at (630) 577-8800.