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
Current SymbolNYSE:CTS
Previous Symbol
CUSIP12650110
Phone630-577-8800
Debt
Debt-to-Equity Ratio0.13
Current Ratio2.26
Quick Ratio1.86
Price-To-Earnings
Trailing P/E Ratio22.30
Forward P/E Ratio18.17
P/E GrowthN/A
Sales & Book Value
Annual Sales$422.99 million
Price / Sales2.15
Cash Flow$1.8698 per share
Price / Cash Flow14.67
Book Value$10.44 per share
Price / Book2.63
Profitability
EPS (Most Recent Fiscal Year)$1.23
Net Income$14.44 million
Net Margins3.33%
Return on Equity14.11%
Return on Assets9.31%
Miscellaneous
Employees3,222
Outstanding Shares33,090,000
Market Cap$911.55 million
OptionableOptionable
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 announced a quarterly dividend on Thursday, November 8th. Stockholders of record on Friday, December 28th will be given a dividend of $0.04 per share on Friday, February 1st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend is Thursday, December 27th. View CTS's Dividend History.
How were CTS's earnings last quarter?
CTS Co. (NYSE:CTS) released its quarterly earnings data on Thursday, October, 25th. The electronics maker reported $0.39 EPS for the quarter, beating the Zacks' consensus estimate of $0.38 by $0.01. The electronics maker had revenue of $118.86 million for the quarter. CTS had a net margin of 3.33% and a return on equity of 14.11%. View CTS's Earnings History.
When is CTS's next earnings date?
What guidance has CTS issued on next quarter's earnings?
CTS issued an update on its FY 2018 earnings guidance on Thursday, October, 25th. The company provided earnings per share (EPS) guidance of $1.49-1.56 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.48. The company issued revenue guidance of $465-470 million, compared to the consensus revenue estimate of $459.03 million.
Has CTS been receiving favorable news coverage?
Media coverage about CTS stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CTS earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave media coverage about the electronics maker a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the immediate future.
Who are some of CTS's key competitors?
Some companies that are related to CTS include Plexus (PLXS), Sanmina (SANM), Celestica (CLS), TTM Technologies (TTMI), Benchmark Electronics (BHE), Kimball Electronics (KE), Park Electrochemical (PKE), Sparton (SPA), SMTC (SMTX), NANO DIMENSION/S (NNDM), SigmaTron International (SGMA), Eltek (ELTK) and IEC Electronics (IEC).
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
Who are CTS's major shareholders?
CTS's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.76%), Dimensional Fund Advisors LP (7.34%), Gamco Investors INC. ET AL (6.76%), Vanguard Group Inc. (5.85%), FMR LLC (3.81%) and Janus Henderson Group PLC (2.73%). Company insiders that own CTS stock include Ashish Agrawal and Kieran M O'sullivan. 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 Janus Henderson Group PLC, Brown Advisory Inc., Tributary Capital Management LLC, Dimensional Fund Advisors LP, United Services Automobile Association, FMR LLC, Sensato Investors LLC and Gamco Investors INC. ET AL. View Insider Buying and Selling for CTS.
Which institutional investors are buying CTS stock?
CTS stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Vanguard Group Inc., TIAA CREF Investment Management LLC, Tributary Capital Management LLC, Renaissance Technologies LLC, Los Angeles Capital Management & Equity Research Inc. and Wells Fargo & Company MN. 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 $27.43.
How big of a company is CTS?
CTS has a market capitalization of $911.55 million 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.
What is CTS's official website?
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.
