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
Industry Printed circuit boards
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
SymbolNYSE:CTS
CUSIP12650110
Phone630-577-8800
Debt
Debt-to-Equity Ratio0.21
Current Ratio2.37
Quick Ratio2.00
Price-To-Earnings
Trailing P/E Ratio28.86
Forward P/E Ratio26.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$422.99 million
Price / Sales2.82
Cash Flow$1.9040 per share
Price / Cash18.96
Book Value$10.44 per share
Price / Book3.46
Profitability
EPS (Most Recent Fiscal Year)$1.23
Net Income$14.44 million
Net Margins4.01%
Return on Equity12.69%
Return on Assets8.09%
Miscellaneous
Employees3,222
Outstanding Shares33,020,000
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. Shareholders 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 0.44%. 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) released its quarterly earnings data on Thursday, April, 26th. The electronics maker reported $0.34 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.04. The electronics maker earned $113.50 million during the quarter, compared to analyst estimates of $105.06 million. CTS had a return on equity of 12.69% and a net margin of 4.01%. CTS's quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.26 EPS. 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, April, 26th. The company provided EPS guidance of $1.32-1.44 for the period, compared to the Thomson Reuters consensus estimate of $1.35. The company issued revenue guidance of $435-455 million, compared to the consensus revenue estimate of $443.43 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), NANO DIMENSION/S (NNDM), IEC Electronics (IEC), 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 stories about CTS stock have trended positive recently, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CTS earned a media sentiment score of 0.33 on Accern's scale. They also gave media coverage about the electronics maker an impact score of 46.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are CTS's major shareholders?
CTS's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.80%), Dimensional Fund Advisors LP (8.07%), Gamco Investors INC. ET AL (6.90%), Cardinal Capital Management LLC CT (2.81%), Gabelli Funds LLC (2.31%) and Massachusetts Financial Services Co. MA (1.55%). 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 Cardinal Capital Management LLC CT, Dimensional Fund Advisors LP, Gamco Investors INC. ET AL, Millennium Management LLC, Wedge Capital Management L L P NC, Citigroup Inc., BNP Paribas Arbitrage SA and Citadel Advisors LLC. View Insider Buying and Selling for CTS.
Which institutional investors are buying CTS stock?
CTS stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, BlackRock Inc., Polar Asset Management Partners Inc., Systematic Financial Management LP, Public Employees Retirement Association of Colorado, Stanley Laman Group Ltd., JPMorgan Chase & Co. and Prudential Financial Inc.. 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 $36.10.
How big of a company is CTS?
CTS has a market capitalization of $1.18 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 (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.
