NYSE:CTS CTS Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CTS Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $21.05 -0.20 (-0.94 %) (As of 09/24/2020 11:21 AM ET) Add Compare Share Today's Range$21.05Now: $21.05▼$21.3250-Day Range$20.27MA: $21.48▼$22.9452-Week Range$17.92Now: $21.05▼$34.29Volume2,014 shsAverage Volume174,644 shsMarket Capitalization$679.28 millionP/E Ratio31.89Dividend Yield0.75%Beta0.84 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CTS Corporation designs, manufactures, and sells a range of sensors, electronic components, and actuators primarily to original equipment manufacturers for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. It offers sensors and actuators for use in passenger or consumer vehicles; electronic components for use in telecommunications 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, aerospace and defense, and information technology markets. The company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors in the United States, Singapore, Taiwan, China, the Czech Republic, and internationally. CTS Corporation was founded in 1896 and is based in Lisle, Illinois.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingCTS has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.00, CTS has a forecasted upside of 36.5% from its current price of $21.25.Amount of Analyst CoverageCTS has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesCTS has received 278 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCTS has received 269 “underperform” votes. (Add your “underperform” vote.)Community SentimentCTS has received 50.82% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldCTS has a dividend yield of 0.75%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCTS has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of CTS is 11.03%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CTS will have a dividend payout ratio of 13.91% next year. This indicates that CTS will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CTS insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.25% of the stock of CTS is held by insiders.Percentage Held by Institutions92.61% of the stock of CTS is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CTS are expected to grow by 43.75% in the coming year, from $0.80 to $1.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CTS is 32.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.67.Price to Earnings Ratio vs. SectorThe P/E ratio of CTS is 32.20, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 58.28.Price to Book Value per Share RatioCTS has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.18 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Printed circuit boards Sub-IndustryElectronic Manufacturing Services SectorComputer and Technology Current SymbolNYSE:CTS Previous Symbol CUSIP12650110 CIK26058 Webwww.ctscorp.com Phone630-577-8800Debt Debt-to-Equity Ratio0.35 Current Ratio3.40 Quick Ratio2.84Price-To-Earnings Trailing P/E Ratio31.89 Forward P/E Ratio26.31 P/E GrowthN/A Sales & Book Value Annual Sales$469 million Price / Sales1.45 Cash Flow$2.20 per share Price / Cash Flow9.55 Book Value$12.43 per share Price / Book1.69Profitability EPS (Most Recent Fiscal Year)$1.45 Net Income$36.15 million Net Margins5.13% Return on Equity8.25% Return on Assets5.00%Miscellaneous Employees3,570 Outstanding Shares32,270,000Market Cap$679.28 million Next Earnings Date10/22/2020 (Estimated) OptionableOptionable $21.05 -0.20 (-0.94 %) (As of 09/24/2020 11:21 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CTS News and Ratings via Email Sign-up to receive the latest news and ratings for CTS and its competitors with MarketBeat's FREE daily newsletter. CTS (NYSE:CTS) Frequently Asked Questions How has CTS's stock been impacted by COVID-19? CTS's stock was trading at $23.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CTS stock has decreased by 9.2% and is now trading at $21.05. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of CTS? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CTS in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CTS. When is CTS's next earnings date? CTS is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020. View our earnings forecast for CTS. How were CTS's earnings last quarter? CTS Co. (NYSE:CTS) issued its quarterly earnings results on Friday, July, 31st. The electronics maker reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.09. The electronics maker earned $84.20 million during the quarter, compared to the consensus estimate of $88.93 million. CTS had a net margin of 5.13% and a return on equity of 8.25%. The business's quarterly revenue was down 30.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.40 EPS. View CTS's earnings history. How often does CTS pay dividends? What is the dividend yield for CTS? CTS announced a quarterly dividend on Friday, August 21st. Shareholders of record on Friday, September 25th will be paid a dividend of $0.04 per share on Friday, October 30th. This represents a $0.16 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date is Thursday, September 24th. View CTS's dividend history. What price target have analysts set for CTS? 2 brokers have issued twelve-month target prices for CTS's shares. Their forecasts range from $25.00 to $33.00. On average, they anticipate CTS's stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 37.8% from the stock's current price. View analysts' price targets for CTS. Are investors shorting CTS? CTS saw a decline in short interest in the month of August. As of August 14th, there was short interest totaling 584,700 shares, a decline of 17.9% from the July 30th total of 712,100 shares. Based on an average daily trading volume, of 163,600 shares, the short-interest ratio is presently 3.6 days. Currently, 1.9% of the shares of the company are sold short. View CTS's Short Interest. Who are some of CTS's key competitors? Some companies that are related to CTS include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Plexus (PLXS), Sanmina (SANM), TTM Technologies (TTMI), Methode Electronics (MEI), Benchmark Electronics (BHE), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON). View all competitors. What other stocks do shareholders of CTS own? Based on aggregate information from My MarketBeat watchlists, some companies that other CTS investors own include NVIDIA (NVDA), AT&T (T), Adobe (ADBE), Gilead Sciences (GILD), IBM (IBM), Kohl's (KSS), SM Energy (SM), Allena Pharmaceuticals (ALNA), Advanced Micro Devices (AMD) and B&G Foods (BGS). Who are CTS's key executives? CTS's management team includes the following people: Mr. Kieran M. O'Sullivan, Chairman, Pres & CEO (Age 57)Mr. Ashish Agrawal, VP & CFO (Age 48)Mr. Luis Francisco Machado, VP, Gen. Counsel & Sec. (Age 56)Mr. Robert A. Profusek J.D., Esq., Lead Director (Age 69)Mr. Mitchell J. Walorski, Director of Investor Relations What is CTS's stock symbol? CTS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTS." Who are CTS's major shareholders? CTS's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.50%), Gamco Investors INC. ET AL (5.58%), Goldman Sachs Group Inc. (3.14%), Victory Capital Management Inc. (2.30%), Gabelli Funds LLC (2.23%) and ArrowMark Colorado Holdings LLC (1.82%). Company insiders that own CTS stock include Alfonso G Zulueta and Ashish Agrawal. View institutional ownership trends for CTS. Which major investors are selling CTS stock? CTS stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Goldman Sachs Group Inc., Envestnet Asset Management Inc., First Trust Advisors LP, Gabelli Funds LLC, Teton Advisors Inc., PNC Financial Services Group Inc., and PNC Financial Services Group Inc.. View insider buying and selling activity for CTS. Which major investors are buying CTS stock? CTS stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., ArrowMark Colorado Holdings LLC, Engineers Gate Manager LP, WMS Partners LLC, Tributary Capital Management LLC, Grantham Mayo Van Otterloo & Co. LLC, Aigen Investment Management LP, and Bank of Montreal Can. Company insiders that have bought CTS stock in the last two years include Alfonso G Zulueta, and Ashish Agrawal. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is CTS's stock price today? One share of CTS stock can currently be purchased for approximately $21.05. How big of a company is CTS? CTS has a market capitalization of $679.28 million and generates $469 million in revenue each year. The electronics maker earns $36.15 million in net income (profit) each year or $1.45 on an earnings per share basis. CTS employs 3,570 workers across the globe. What is CTS's official website? The official website for CTS is www.ctscorp.com. 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. This page was last updated on 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
