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.
Read More…
Industry, Sector and Symbol
Industry Printed circuit boards
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
Phone630-577-8800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$470.48 million
Profitability
Miscellaneous
Employees3,230
Next Earnings Date2/4/2020 (Estimated)
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 7th. Stockholders of record on Friday, December 27th will be given a dividend of $0.04 per share on Friday, January 31st. This represents a $0.16 annualized dividend and a dividend yield of 0.51%. The ex-dividend date of this dividend is Thursday, December 26th. View CTS's Dividend History.
How were CTS's earnings last quarter?
CTS Co. (NYSE:CTS) announced its earnings results on Thursday, October, 24th. The electronics maker reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by $0.10. The electronics maker had revenue of $115.70 million for the quarter, compared to the consensus estimate of $117.72 million. CTS had a net margin of 9.21% and a return on equity of 12.83%. The company's revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 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 issued an update on its FY19 earnings guidance on Thursday, October, 24th. The company provided EPS guidance of $1.40-1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.60. The company issued revenue guidance of $460-470 million, compared to the consensus revenue estimate of $476.45 million.
What price target have analysts set for CTS?
3 brokers have issued 12-month target prices for CTS's shares. Their forecasts range from $33.00 to $33.00. On average, they expect CTS's stock price to reach $33.00 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for CTS.
What is the consensus analysts' recommendation for CTS?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CTS in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CTS.
Has CTS been receiving favorable news coverage?
News headlines about CTS stock have been trending neutral recently, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CTS earned a daily sentiment score of 0.5 on InfoTrie's scale. They also gave news headlines about the electronics maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for CTS.
Are investors shorting CTS?
CTS saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 667,700 shares, an increase of 30.7% from the December 15th total of 510,900 shares. Based on an average daily volume of 129,600 shares, the short-interest ratio is presently 5.2 days. Approximately 2.1% of the shares of the stock are short sold. View CTS's Current Options Chain.
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), Sanmina (SANM), Fabrinet (FN), Plexus (PLXS), TTM Technologies (TTMI), KEMET (KEM), Methode Electronics (MEI), Benchmark Electronics (BHE), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON).
What other stocks do shareholders of CTS own?
Who are CTS's key executives?
CTS's management team includes the folowing 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
Who are CTS's major shareholders?
CTS's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (1.50%), First National Bank of Omaha (0.09%), State of Alaska Department of Revenue (0.08%) and Louisiana State Employees Retirement System (0.03%). 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 Tributary Capital Management LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for CTS.
Which institutional investors are buying CTS stock?
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 $31.36.
How big of a company is CTS?
CTS has a market capitalization of $1.02 billion and generates $470.48 million in revenue each year. The electronics maker earns $46.53 million in net income (profit) each year or $1.53 on an earnings per share basis. CTS employs 3,230 workers across the globe.View Additional Information About CTS.
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.
