CTS Company Profile (NYSE:CTS)

About CTS (NYSE:CTS)

CTS logoCTS Corporation is a manufacturer of sensors, electronic components and actuators. The Company designs, manufactures and sells a line of sensors, electronic components and actuators primarily to original equipment manufacturers (OEMs) for the transportation, industrial, medical, information technology, defense and aerospace, and communications markets. It operates manufacturing facilities in North America, Asia and Europe. Its products perform specific electronic functions for a given product family and are intended for use in customer assemblies. The Company's products consist principally of sensors and actuators used in passenger or commercial vehicles; electronic components used in communications infrastructure, information technology and other high-speed applications; switches and potentiometers supplied to multiple markets, and fabricated piezoelectric materials and substrates used primarily in medical, industrial, defense and aerospace, and information technology markets.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Electronics
  • Sub-Industry: Electronic Manufacturing Services
  • Symbol: NYSE:CTS
  • CUSIP: 12650110
  • Web: www.ctscorp.com
Capitalization:
  • Market Cap: $684.94 million
  • Outstanding Shares: 32,851,000
Average Prices:
  • 50 Day Moving Avg: $20.95
  • 200 Day Moving Avg: $21.83
  • 52 Week Range: $16.35 - $24.80
P/E:
  • Trailing P/E Ratio: 20.05
  • Foreward P/E Ratio: 16.42
  • P/E Growth: 1.63
Sales & Book Value:
  • Annual Revenue: $400.13 million
  • Price / Sales: 1.71
  • Book Value: $9.93 per share
  • Price / Book: 2.10
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 0.8%
Profitability:
  • EBIDTA: $75.79 million
  • Net Margins: 8.67%
  • Return on Equity: 11.87%
  • Return on Assets: 6.89%
Debt:
  • Debt-to-Equity Ratio: 0.28%
  • Current Ratio: 2.20%
  • Quick Ratio: 1.91%
Misc:
  • Average Volume: 80,011 shs.
  • Beta: 1.25
  • Short Ratio: 5.13
 

Frequently Asked Questions for CTS (NYSE:CTS)

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 18th. Shareholders of record on Friday, June 23rd will be given a dividend of $0.04 per share on Friday, July 28th. This represents a $0.16 annualized dividend and a yield of 0.77%. The ex-dividend date of this dividend is Wednesday, June 21st. View CTS's Dividend History.

How were CTS's earnings last quarter?

CTS Co. (NYSE:CTS) announced its earnings results on Thursday, April, 27th. The company reported $0.26 EPS for the quarter, meeting the Zacks' consensus estimate of $0.26. The business had revenue of $100.10 million for the quarter, compared to analyst estimates of $100.72 million. CTS had a return on equity of 11.87% and a net margin of 8.67%. CTS's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.26 EPS. View CTS's Earnings History.

When will CTS make its next earnings announcement?

CTS is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for CTS.

What guidance has CTS issued on next quarter's earnings?

CTS issued an update on its FY17 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $1.12-1.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.15. The company issued revenue guidance of $405-420 million, compared to the consensus revenue estimate of $414.53 million.

Where is CTS's stock going? Where will CTS's stock price be in 2017?

2 equities research analysts have issued twelve-month target prices for CTS's stock. Their forecasts range from $23.00 to $26.00. On average, they expect CTS's share price to reach $24.50 in the next twelve months. View Analyst Ratings for CTS.

Who are some of CTS's key competitors?

Who owns CTS stock?

CTS's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.44%), Gamco Investors INC. ET AL (7.41%), Wellington Management Group LLP (7.27%), Janus Capital Management LLC (5.45%), Vanguard Group Inc. (5.26%) and Goldman Sachs Group Inc. (4.88%). Company insiders that own CTS stock include Ashish Agrawal and Kieran M O'sullivan. View Institutional Ownership Trends for CTS.

Who sold CTS stock? Who is selling CTS stock?

CTS's stock was sold by a variety of institutional investors in the last quarter, including AXA, Russell Investments Group Ltd., JPMorgan Chase & Co., State Street Corp, Goldman Sachs Group Inc., Gamco Investors INC. ET AL, Morgan Stanley and EAM Investors LLC. Company insiders that have sold CTS stock in the last year include Ashish Agrawal and Kieran M O'sullivan. View Insider Buying and Selling for CTS.

Who bought CTS stock? Who is buying CTS stock?

CTS's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Bank of America Corp DE, Wellington Management Group LLP, Bank of New York Mellon Corp, Ameriprise Financial Inc., Geode Capital Management LLC, Principal Financial Group Inc. and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for CTS.

How do I buy CTS stock?

Shares of CTS can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of CTS stock cost?

One share of CTS stock can currently be purchased for approximately $20.85.

Analyst Ratings

Consensus Ratings for CTS (NYSE:CTS) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $24.50 (17.51% upside)

Analysts' Ratings History for CTS (NYSE:CTS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/10/2016B. RileyReiterated RatingBuy$26.00N/AView Rating Details
11/28/2016SidotiDowngradeBuy -> Neutral$23.00N/AView Rating Details
7/29/2015GabelliDowngradeBuy -> HoldN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for CTS (NYSE:CTS)
Earnings by Quarter for CTS (NYSE:CTS)
Earnings History by Quarter for CTS (NYSE:CTS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2017        
4/27/2017Q1 2017$0.26$0.26$100.72 million$100.10 millionViewN/AView Earnings Details
2/7/2017Q416$0.25$0.29$101.04 million$101.60 millionViewListenView Earnings Details
10/28/2016Q316$0.15$0.28$97.54 million$99.70 millionViewListenView Earnings Details
7/29/2016Q216$0.27$0.26$106.34 million$98.70 millionViewListenView Earnings Details
5/3/2016Q116$0.22$0.26$94.40 million$96.70 millionViewListenView Earnings Details
2/8/2016Q415$0.25$0.20$98.93 million$93.30 millionViewListenView Earnings Details
10/26/2015Q315$0.23$0.23$98.78 million$90.60 millionViewListenView Earnings Details
7/27/2015Q215$0.26$0.30$106.07 million$100.10 millionViewListenView Earnings Details
4/27/2015Q115$0.20$0.20$100.70 million$98.30 millionViewN/AView Earnings Details
2/5/2015Q414$0.28$0.24$99.01 million$100.40 millionViewN/AView Earnings Details
10/27/2014Q314$0.24$0.29$154.60 million$100.00 millionViewN/AView Earnings Details
7/28/2014Q214$0.22$0.25$107.53 million$103.00 millionViewN/AView Earnings Details
4/28/2014Q1$0.19$0.19$103.95 million$100.70 millionViewListenView Earnings Details
2/7/2014Q413$0.23$0.25$99.20 million$102.40 millionViewListenView Earnings Details
10/29/2013Q313$0.23$0.24$156.60 million$159.60 millionViewListenView Earnings Details
7/22/2013Q2 2013$0.18$0.20$155.90 million$151.60 millionViewListenView Earnings Details
4/23/2013Q1 2013$0.14$0.10$165.60 million$149.51 millionViewListenView Earnings Details
1/28/2013Q4 2012$0.24$0.18$142.82 million$138.30 millionViewListenView Earnings Details
10/23/2012$0.21$0.20ViewN/AView Earnings Details
7/23/2012$0.16$0.18ViewN/AView Earnings Details
1/25/2012$0.23$0.22ViewN/AView Earnings Details
10/25/2011$0.16$0.17ViewN/AView Earnings Details
7/25/2011$0.17$0.14ViewN/AView Earnings Details
4/26/2011$0.16$0.15ViewN/AView Earnings Details
1/26/2011$0.15$0.17ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CTS (NYSE:CTS)
2017 EPS Consensus Estimate: $1.15
2018 EPS Consensus Estimate: $1.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.25$0.27$0.26
Q2 20172$0.28$0.28$0.28
Q3 20172$0.29$0.31$0.30
Q4 20172$0.30$0.32$0.31
Q1 20182$0.30$0.31$0.31
Q2 20182$0.31$0.32$0.32
Q3 20182$0.33$0.33$0.33
Q4 20181$0.35$0.35$0.35
Q1 20191$0.31$0.31$0.31
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CTS (NYSE:CTS)
Next Dividend:7/28/2017
Annual Dividend:$0.16
Dividend Yield:0.77%
Dividend Growth:4.60% (3 Year Average)
Payout Ratio:15.38% (Trailing 12 Months of Earnings)
13.79% (Based on This Year's Estimates)
12.60% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for CTS (NYSE:CTS)

Dividend History by Quarter for CTS (NYSE:CTS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/18/2017quarterly$0.040.78%6/21/20176/23/20177/28/2017
2/9/2017quarterly$0.040.69%3/15/20173/17/20174/28/2017
11/10/2016quarterly$0.040.74%12/21/201612/23/20161/27/2017
8/26/2016quarterly$0.040.83%9/21/20169/23/201610/28/2016
5/19/2016quarterly$0.040.91%6/22/20166/24/20167/29/2016
2/11/2016quarterly$0.041.19%3/22/20163/25/20164/29/2016
11/13/2015quarterly$0.040.87%12/16/201512/18/20151/29/2016
8/26/2015quarterly$0.040.88%9/23/20159/25/201510/30/2015
5/21/2015quarterly$0.040.87%6/24/20156/26/20157/31/2015
2/11/2015quarterly$0.040.95%3/25/20153/27/20155/1/2015
11/5/2014quarterly$0.040.85%12/23/201412/26/20141/30/2015
8/27/2014quarterly$0.040.9%9/24/20149/26/201410/31/2014
5/21/2014quarterly$0.040.94%6/25/20146/27/20148/1/2014
2/12/2014quarterly$0.040.85%3/26/20143/28/20145/2/2014
11/5/2013quarterly$0.040.85%12/24/201312/27/20131/31/2014
8/28/2013quarterly$0.041%9/25/20139/27/201311/1/2013
5/22/2013quarterly$0.041.23%6/26/20136/28/20138/2/2013
3/13/2013quarterly$0.041.32%3/26/20133/28/20135/3/2013
12/6/2012quarterly$0.0412/28/20122/1/2013
12/9/2012quarterly$0.041.52%12/26/201212/28/20122/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CTS (NYSE:CTS)
Insider Ownership Percentage: 1.66%
Institutional Ownership Percentage: 93.44%
Insider Trades by Quarter for CTS (NYSE:CTS)
Institutional Ownership by Quarter for CTS (NYSE:CTS)
Insider Trades by Quarter for CTS (NYSE:CTS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/2/2016Ashish AgrawalCFOSell2,250$19.25$43,312.50View SEC Filing  
6/23/2016Kieran M O'sullivanCEOSell12,000$18.05$216,600.00View SEC Filing  
5/4/2015Walter S CatlowDirectorSell9,720$18.02$175,154.40View SEC Filing  
5/1/2013Vinod M KhilnaniChairmanSell14,166$10.43$147,751.38View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for CTS (NYSE:CTS)
Latest Headlines for CTS (NYSE:CTS)
Source:
DateHeadline
bizjournals.com logoForm Found Design (FFD) combined Helix Steel TSMR and CTS Rapid Set to realize the MARS Pavilion
www.bizjournals.com - May 26 at 10:29 PM
finance.yahoo.com logoCTS Corporation Announces Retirement of Director Lawrence Ciancia
finance.yahoo.com - May 19 at 4:25 PM
finance.yahoo.com logoCTS Corporation Declares a Dividend
finance.yahoo.com - May 19 at 8:28 AM
americanbankingnews.com logoCTS Co. (CTS) Plans $0.04 Quarterly Dividend
www.americanbankingnews.com - May 18 at 8:38 PM
finance.yahoo.com logoCTS makes a strategic acquisition providing an entry into the EU and Eastern Europe
finance.yahoo.com - May 17 at 4:38 PM
finance.yahoo.com logoCTS Acquires European Piezoelectric Sensor & Component Manufacturer
finance.yahoo.com - May 16 at 12:11 PM
feeds.benzinga.com logoFlame Seal Products, Inc. Releases March 31, 2017 Results
feeds.benzinga.com - May 12 at 10:03 AM
finance.yahoo.com logoCTS Corp. breached its 50 day moving average in a Bearish Manner : CTS-US : May 9, 2017
finance.yahoo.com - May 9 at 4:32 PM
latimes.com logoThree things to watch as Walt Disney Co. reports second-quarter earnings
www.latimes.com - May 9 at 8:00 AM
finance.yahoo.com logoCTS’ RF Sensor Technology Nominated for AMA Innovation Award
finance.yahoo.com - May 4 at 9:44 PM
americanbankingnews.com logoCTS (CTS) Earns Media Impact Score of 0.12
www.americanbankingnews.com - May 3 at 11:54 PM
latimes.com logoFox News Co-President Bill Shine resigns amid criticism of his handling of sexual harassment claims
www.latimes.com - May 3 at 8:19 AM
finance.yahoo.com logoETFs with exposure to CTS Corp. : May 2, 2017
finance.yahoo.com - May 2 at 7:53 PM
finance.yahoo.com logoCTS Corp. :CTS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 4:29 PM
americanbankingnews.com logoFY2017 EPS Estimates for CTS Co. (CTS) Lifted by Zacks Investment Research
www.americanbankingnews.com - May 1 at 10:48 AM
finance.yahoo.com logoEdited Transcript of CTS earnings conference call or presentation 27-Apr-17 3:00pm GMT
finance.yahoo.com - April 29 at 10:33 AM
finance.yahoo.com logoCTS Corp. breached its 50 day moving average in a Bullish Manner : CTS-US : April 28, 2017
finance.yahoo.com - April 28 at 5:34 PM
americanbankingnews.com logoCTS Co. (CTS) Releases Earnings Results, Hits Expectations
www.americanbankingnews.com - April 27 at 9:38 PM
finance.yahoo.com logoCTS Announces First Quarter 2017 Results
finance.yahoo.com - April 27 at 5:08 PM
finance.yahoo.com logoCTS posts 1Q profit
finance.yahoo.com - April 27 at 5:08 PM
finance.yahoo.com logoCTS Corp: First quarter revenue and earnings in line with our estimates
finance.yahoo.com - April 27 at 5:08 PM
finance.yahoo.com logoCTS to Present at Oppenheimer Industrial Growth Conference
finance.yahoo.com - April 27 at 5:08 PM
americanbankingnews.com logoCTS (CTS) Earns Daily Coverage Optimism Rating of 0.40
www.americanbankingnews.com - April 27 at 3:56 PM
americanbankingnews.com logoCTS Co. (CTS) Updates FY17 Earnings Guidance
www.americanbankingnews.com - April 27 at 10:36 AM
americanbankingnews.com logoCTS (CTS) Given Daily News Sentiment Rating of 0.24
www.americanbankingnews.com - April 24 at 8:30 PM
americanbankingnews.com logoCTS (CTS) Given Daily Coverage Optimism Score of 0.18
www.americanbankingnews.com - April 21 at 6:27 PM
americanbankingnews.com logoFavorable Press Coverage Very Likely to Affect CTS (CTS) Share Price
www.americanbankingnews.com - April 17 at 7:01 PM
americanbankingnews.com logoFavorable Media Coverage Somewhat Likely to Impact CTS (CTS) Share Price
www.americanbankingnews.com - April 14 at 11:53 PM
bizjournals.com logoHouston energy co. sells assets, takes next steps to dissolve
www.bizjournals.com - April 13 at 9:36 PM
finance.yahoo.com logoCTS Corporation Announces Dates for First Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - April 13 at 9:36 PM
finance.yahoo.com logoCTS Launches High-Performance Low Pass Filters for Wireless Infrastructure
finance.yahoo.com - April 12 at 4:34 PM
nasdaq.com logoArthur J. Gallagher & Co. Announces First Quarter 2017 Earnings Release And Conference Call Dates
www.nasdaq.com - April 10 at 4:25 PM
finance.yahoo.com logoCTS Corp. : CTS-US: Dividend Analysis : March 17th, 2017 (record date) : By the numbers : April 6, 2017
finance.yahoo.com - April 7 at 9:17 AM
bizjournals.com logoNuctech introduces Airport Security Solution at 2017 Netherlands Passenger Terminal EXPO
www.bizjournals.com - April 2 at 4:25 PM
finance.yahoo.com logoCTS to Present New RF Sensor Technology at SAE World Congress
finance.yahoo.com - March 31 at 4:43 PM
latimes.com logo'Kong: Skull Island' conquers China's box office
www.latimes.com - March 28 at 9:20 PM
uk.finance.yahoo.com logoCTS Eventim AG & Co. KGaA: CTS EVENTIM plans record dividend
uk.finance.yahoo.com - March 23 at 5:07 PM
latimes.com logoDisney live updates: 'Star Wars: The Last Jedi' clip shows more of Luke meeting Rey
www.latimes.com - March 8 at 5:21 PM
latimes.com logoOprah Winfrey will 'nevah' run for president, best friend Gayle King says
www.latimes.com - March 2 at 4:50 PM
finance.yahoo.com logoCTS CORP Financials
finance.yahoo.com - March 2 at 4:50 PM
msn.com logoDenver, CO 60 Second Forecast
www.msn.com - March 1 at 11:20 PM
prnewswire.com logoLittlejohn & Co. Announces Acquisition of Tidel
www.prnewswire.com - March 1 at 6:18 PM
feeds.benzinga.com logoSuperior Drilling Products, Inc. Awarded Patent for Strider(TM) Drill String Oscillation System
feeds.benzinga.com - February 28 at 2:51 PM
biz.yahoo.com logoCTS CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - February 24 at 5:01 PM
finance.yahoo.com logoCTS to Present at the ROTH Conference
finance.yahoo.com - February 23 at 4:34 PM
streetinsider.com logoForm 4 CTS CORP For: Feb 16 Filed by: Agrawal Ashish
www.streetinsider.com - February 21 at 5:55 PM
seekingalpha.com logoCTS Corporation declares $0.04 dividend
seekingalpha.com - February 9 at 5:01 PM
finance.yahoo.com logoCTS Corporation Declares Quarterly Dividend
finance.yahoo.com - February 9 at 5:01 PM
finance.yahoo.com logoCTS Adds 64 PPR Model to 291 Series of Optical Encoders
finance.yahoo.com - February 9 at 5:01 PM
biz.yahoo.com logoCTS CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - February 8 at 4:59 PM

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Chart

CTS (CTS) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff