CTS Corporation Company Profile (NYSE:CTS)

About CTS Corporation (NYSE:CTS)

CTS Corporation 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: Electronic Component
  • Sub-Industry: Electronic Manufacturing Services
  • Symbol: NYSE:CTS
  • CUSIP: 12650110
  • Web: www.ctscorp.com
Capitalization:
  • Market Cap: $758.86 million
  • Outstanding Shares: 32,933,000
Average Prices:
  • 50 Day Moving Avg: $22.35
  • 200 Day Moving Avg: $21.68
  • 52 Week Range: $16.35 - $24.80
P/E:
  • Trailing P/E Ratio: 25.30
  • Foreward P/E Ratio: 18.01
  • P/E Growth: 1.78
Sales & Book Value:
  • Annual Revenue: $407.12 million
  • Price / Sales: 1.86
  • Book Value: $10.22 per share
  • Price / Book: 2.26
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 0.7%
Profitability:
  • EBIDTA: $76.03 million
  • Net Margins: 7.49%
  • Return on Equity: 11.54%
  • Return on Assets: 7.08%
Debt:
  • Debt-to-Equity Ratio: 0.28%
  • Current Ratio: 2.35%
  • Quick Ratio: 1.97%
Misc:
  • Average Volume: 66,892 shs.
  • Beta: 1.21
  • Short Ratio: 4.68
 

Frequently Asked Questions for CTS Corporation (NYSE:CTS)

What is CTS Corporation's stock symbol?

CTS Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTS."

How often does CTS Corporation pay dividends? What is the dividend yield for CTS Corporation?

CTS Corporation declared a quarterly dividend on Wednesday, August 23rd. Stockholders of record on Friday, September 29th will be given a dividend of $0.04 per share on Friday, November 3rd. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Thursday, September 28th. View CTS Corporation's Dividend History.

How were CTS Corporation's earnings last quarter?

CTS Corporation (NYSE:CTS) released its earnings results on Thursday, July, 27th. The company reported $0.28 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.28. The company had revenue of $105.70 million for the quarter, compared to analysts' expectations of $103.31 million. CTS Corporation had a return on equity of 11.54% and a net margin of 7.49%. The business's revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the business earned $0.26 earnings per share. View CTS Corporation's Earnings History.

When will CTS Corporation make its next earnings announcement?

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

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

CTS Corporation issued an update on its FY17 earnings guidance on Thursday, July, 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 $413.58 million.

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

3 equities research analysts have issued 12-month price targets for CTS Corporation's stock. Their predictions range from $23.00 to $26.00. On average, they anticipate CTS Corporation's share price to reach $24.50 in the next year. View Analyst Ratings for CTS Corporation.

Who are some of CTS Corporation's key competitors?

Who are CTS Corporation's key executives?

CTS Corporation's management team includes the folowing people:

  • Kieran M. O'Sullivan, Chairman of the Board, President, Chief Executive Officer
  • Ashish Agrawal, Chief Financial Officer, Vice President
  • Luis Francisco Machado, Vice President, General Counsel, Secretary
  • Walter S. Catlow, Independent Director
  • Patricia K. Collawn, Independent Director
  • Gordon B. Hunter, Independent Director
  • William S. Johnson, Independent Director
  • Diana Mather Murphy, Independent Director

Who owns CTS Corporation stock?

CTS Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (0.36%), Rhumbline Advisers (0.22%), Pinebridge Investments L.P. (0.16%), Wedge Capital Management L L P NC (0.13%), New York State Common Retirement Fund (0.10%) and Nationwide Fund Advisors (0.07%). Company insiders that own CTS Corporation stock include Ashish Agrawal and Kieran M O'sullivan. View Institutional Ownership Trends for CTS Corporation.

Who sold CTS Corporation stock? Who is selling CTS Corporation stock?

CTS Corporation's stock was sold by a variety of institutional investors in the last quarter, including Pinebridge Investments L.P., Rhumbline Advisers, Nationwide Fund Advisors and New York State Common Retirement Fund. View Insider Buying and Selling for CTS Corporation.

Who bought CTS Corporation stock? Who is buying CTS Corporation stock?

CTS Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Cigna Investments Inc. New and Russell Investments Group Ltd.. View Insider Buying and Selling for CTS Corporation.

How do I buy CTS Corporation stock?

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

What is CTS Corporation's stock price today?

One share of CTS Corporation stock can currently be purchased for approximately $23.05.


MarketBeat Community Rating for CTS Corporation (NYSE CTS)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  72 (Vote Underperform)
Total Votes:  153
MarketBeat's community ratings are surveys of what our community members think about CTS Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CTS Corporation (NYSE:CTS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $24.50 (6.29% upside)

Analysts' Ratings History for CTS Corporation (NYSE:CTS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/8/2017HSBC Holdings plcDowngradeBuy -> HoldLowView Rating Details
12/10/2016B. RileyReiterated RatingBuy$26.00N/AView Rating Details
11/28/2016SidotiDowngradeBuy -> Neutral$23.00N/AView Rating Details
(Data available from 9/20/2015 forward)

Earnings

Earnings History for CTS Corporation (NYSE:CTS)
Earnings by Quarter for CTS Corporation (NYSE:CTS)
Earnings History by Quarter for CTS Corporation (NYSE CTS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.29N/AView Earnings Details
7/27/2017Q2 2017$0.28$0.28$103.31 million$105.70 millionViewN/AView Earnings Details
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 Corporation (NYSE:CTS)
2017 EPS Consensus Estimate: $1.13
2018 EPS Consensus Estimate: $1.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.25$0.27$0.26
Q2 20172$0.28$0.28$0.28
Q3 20172$0.27$0.31$0.29
Q4 20172$0.29$0.30$0.30
Q1 20182$0.30$0.31$0.31
Q2 20182$0.32$0.33$0.33
Q3 20182$0.33$0.33$0.33
Q4 20181$0.35$0.35$0.35
Q1 20191$0.31$0.31$0.31
Q2 20191$0.36$0.36$0.36
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for CTS Corporation (NYSE:CTS)
Next Dividend:11/3/2017
Annual Dividend:$0.16
Dividend Yield:0.69%
Dividend Growth:4.60% (3 Year Average)
Payout Ratio:17.58% (Trailing 12 Months of Earnings)
14.16% (Based on This Year's Estimates)
12.50% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for CTS Corporation (NYSE:CTS)

Dividend History by Quarter for CTS Corporation (NYSE CTS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/23/2017quarterly$0.040.74%9/28/20179/29/201711/3/2017
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 Corporation (NYSE:CTS)
Insider Ownership Percentage: 1.77%
Institutional Ownership Percentage: 93.36%
Insider Trades by Quarter for CTS Corporation (NYSE:CTS)
Institutional Ownership by Quarter for CTS Corporation (NYSE:CTS)
Insider Trades by Quarter for CTS Corporation (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 Corporation (NYSE:CTS)
Latest Headlines for CTS Corporation (NYSE:CTS)
Source:
DateHeadline
feeds.benzinga.com logoEndeavour Upsizes and Extends its RCF until 2021, Providing Significant Headroom to Fund Growth Projects
feeds.benzinga.com - September 19 at 3:05 PM
feeds.benzinga.com logoCognizant (Nasdaq: CTSH) to Ring The Nasdaq Stock Market Closing Bell
feeds.benzinga.com - September 19 at 11:56 AM
thestreet.com logoAutomotive X-by-Wire Systems Market Report 2017-2027
www.thestreet.com - September 16 at 5:10 PM
americanbankingnews.com logoFinancial Comparison: Novanta (GSIG) and CTS Corporation (CTS)
www.americanbankingnews.com - September 16 at 6:36 AM
americanbankingnews.com logoFinancial Analysis: CTS Corporation (CTS) vs. Its Peers
www.americanbankingnews.com - September 16 at 12:10 AM
americanbankingnews.com logoCTS Corporation (CTS) & IPG Photonics Corporation (IPGP) Critical Review
www.americanbankingnews.com - September 12 at 2:32 PM
americanbankingnews.com logoCritical Survey: CTS Corporation (CTS) and its Competitors
www.americanbankingnews.com - September 12 at 6:08 AM
americanbankingnews.com logoCTS Corporation (CTS) vs. Kemet Corporation (KEM) Financial Contrast
www.americanbankingnews.com - September 10 at 8:32 AM
finance.yahoo.com logoCTS Corp. – Value Analysis (NYSE:CTS) : August 29, 2017
finance.yahoo.com - August 28 at 10:33 PM
americanbankingnews.com logoComparing CTS Corporation (CTS) and TE Connectivity (TEL)
www.americanbankingnews.com - August 27 at 2:26 PM
prnewswire.com logoCubic Strengthens Business Development in Asia-Pacific Region with Appointment ...
www.prnewswire.com - August 24 at 12:41 AM
bizjournals.com logoEx-Steeler added to Synovus board
www.bizjournals.com - August 24 at 12:41 AM
seekingalpha.com logoCTS Corporation declares $0.04 dividend
seekingalpha.com - August 24 at 12:41 AM
americanbankingnews.com logoCTS Corporation (CTS) to Issue $0.04 Quarterly Dividend
www.americanbankingnews.com - August 23 at 9:18 PM
streetinsider.com logoForm 8-K SYNOVUS FINANCIAL CORP For: Aug 17
www.streetinsider.com - August 22 at 11:14 PM
finance.yahoo.com logoCTS Corp. breached its 50 day moving average in a Bearish Manner : CTS-US : August 21, 2017
finance.yahoo.com - August 21 at 5:21 PM
americanbankingnews.com logoCTS Corporation (CTS) and IPG Photonics Corporation (IPGP) Financial Comparison
www.americanbankingnews.com - August 15 at 10:28 PM
americanbankingnews.com logoAnalyzing CTS Corporation (NYSE:CTS) and NVE Corporation (NVEC)
www.americanbankingnews.com - August 13 at 10:40 AM
finance.yahoo.com logoETFs with exposure to CTS Corp. : August 11, 2017
finance.yahoo.com - August 11 at 6:05 PM
americanbankingnews.com logoComparing Methode Electronics (MEI) and CTS Corporation (NYSE:CTS)
www.americanbankingnews.com - August 9 at 6:02 PM
americanbankingnews.com logoHead-To-Head Contrast: CTS Corporation (CTS) and Methode Electronics (MEI)
www.americanbankingnews.com - August 6 at 6:10 PM
americanbankingnews.com logoHead to Head Comparison: Methode Electronics (MEI) & CTS Corporation (NYSE:CTS)
www.americanbankingnews.com - August 6 at 7:10 AM
americanbankingnews.com logoFY2017 EPS Estimates for CTS Corporation Cut by Analyst (CTS)
www.americanbankingnews.com - August 2 at 10:38 AM
americanbankingnews.com logoBrokers Offer Predictions for CTS Corporation's Q3 2017 Earnings (CTS)
www.americanbankingnews.com - August 1 at 8:02 AM
finance.yahoo.com logoCTS: Second quarter earnings were above expectations
finance.yahoo.com - July 31 at 5:30 PM
finance.yahoo.com logoCTS: Second quarter earnings were above expectations
finance.yahoo.com - July 31 at 5:30 PM
rttnews.com logoEARNINGS SUMMARY: Details of CTS Corp Q2 Earnings Report
www.rttnews.com - July 29 at 5:32 AM
seekingalpha.com logoCTS Corporation misses by $0.02, beats on revenue
seekingalpha.com - July 29 at 5:32 AM
finance.yahoo.com logoCTS Corp. :CTS-US: Earnings Analysis: Q2, 2017 By the Numbers : July 28, 2017
finance.yahoo.com - July 28 at 7:30 PM
finance.yahoo.com logoEdited Transcript of CTS earnings conference call or presentation 27-Jul-17 3:00pm GMT
finance.yahoo.com - July 28 at 4:02 AM
finance.yahoo.com logoCTS Announces Second Quarter 2017 Results
finance.yahoo.com - July 27 at 5:55 PM
finance.yahoo.com logoInvestor Network: CTS Corporation to Host Earnings Call
finance.yahoo.com - July 27 at 5:55 PM
finance.yahoo.com logoCTS posts 2Q profit
finance.yahoo.com - July 27 at 5:55 PM
americanbankingnews.com logoCTS Corporation (NYSE:CTS) Releases Quarterly Earnings Results, Meets Estimates
www.americanbankingnews.com - July 27 at 2:18 PM
americanbankingnews.com logoCTS Corporation (NYSE:CTS) Updates FY17 Earnings Guidance
www.americanbankingnews.com - July 27 at 10:07 AM
americanbankingnews.com logoCTS Corporation (NYSE:CTS) vs. AVX Corporation (AVX) Head-To-Head Contrast
www.americanbankingnews.com - July 25 at 9:09 AM
americanbankingnews.com logoAnalyzing CTS Corporation (NYSE:CTS) and Maxwell Technologies (MXWL)
www.americanbankingnews.com - July 19 at 8:51 AM
finance.yahoo.com logoCTS Corporation Announces Dates for Second Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - July 14 at 3:27 PM
feeds.benzinga.com logoBenzinga's Option Alert Recap From July 13
feeds.benzinga.com - July 13 at 5:28 PM
businesswire.com logoCubic and Transport for New South Wales Launch First Trial of Open Payment Technology in Australia
www.businesswire.com - July 8 at 8:46 AM
finance.yahoo.com logoCTS Corp. breached its 50 day moving average in a Bearish Manner : CTS-US : July 6, 2017
finance.yahoo.com - July 6 at 6:53 PM
americanbankingnews.com logoCTS Corporation (CTS) and Maxwell Technologies (MXWL) Head-To-Head Contrast
www.americanbankingnews.com - June 27 at 12:40 AM
finance.yahoo.com logoCTS Corp. breached its 50 day moving average in a Bearish Manner : CTS-US : June 22, 2017
finance.yahoo.com - June 22 at 10:36 AM
marketwatch.com logoGlobal Position Sensors Industry
www.marketwatch.com - June 21 at 5:51 PM
finance.yahoo.com logoCTS Corp. : CTS-US: Dividend Analysis : June 23rd, 2017 (record date) : By the numbers : June 21, 2017
finance.yahoo.com - June 21 at 5:51 PM
finanznachrichten.de logoMedical Imaging Corp. Announces New Hospital Contract for ER Radiology Diagnosis
www.finanznachrichten.de - June 14 at 5:28 PM
businesswire.com logoCubic Supports National Dump the Pump Day by American Public Transportation Association on June 15
www.businesswire.com - June 14 at 5:28 PM
americanbankingnews.com logoCTS Co. (CTS) Cut to "Hold" at HSBC Holdings plc
www.americanbankingnews.com - June 8 at 3:28 PM
bizjournals.com logoCurveBeam and Carestream Health Announce Collaboration to Promote Weight-Bearing CT Awareness and Research
www.bizjournals.com - June 6 at 4:48 PM
finance.yahoo.com logoCTS Corp. – Value Analysis (NYSE:CTS) : June 2, 2017
finance.yahoo.com - June 2 at 6:06 PM

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Chart

CTS Corporation (CTS) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff