NYSE:CTS CTS (CTS) Stock Forecast, Price & News $40.84 -0.33 (-0.80%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$40.75▼$41.3550-Day Range$40.84▼$46.0552-Week Range$35.96▼$49.59Volume81,277 shsAverage Volume179,842 shsMarket Capitalization$1.28 billionP/E Ratio22.32Dividend Yield0.39%Price Target$42.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CTS MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.1% Upside$42.50 Price TargetShort InterestHealthy1.65% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.13Upright™ Environmental ScoreNews Sentiment0.17Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth12.77%From $2.35 to $2.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsComputer And Technology Sector370th out of 575 stocksPrinted Circuit Boards Industry8th out of 9 stocks 1.0 Analyst's Opinion Consensus RatingCTS has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $42.50, CTS has a forecasted upside of 4.1% from its current price of $40.84.Amount of Analyst CoverageCTS has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.65% of the float of CTS has been sold short.Short Interest Ratio / Days to CoverCTS has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CTS has recently decreased by 0.20%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldCTS has a dividend yield of 0.38%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCTS does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of CTS is 8.74%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CTS will have a dividend payout ratio of 6.04% next year. This indicates that CTS will be able to sustain or increase its dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCTS has received a 18.87% net impact score from Upright. Cts seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Motion sensors", "Temperature sensors", and "Liquid flow and density measuring equipment" products. See details.Environmental SustainabilityThe Environmental Impact score for CTS is -2.13. Previous Next 2.9 News and Social Media Coverage News SentimentCTS has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for CTS this week, compared to 5 articles on an average week.Search Interest1 people have searched for CTS on MarketBeat in the last 30 days. MarketBeat Follows2 people have added CTS to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 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 2.00% of the stock of CTS is held by insiders.Percentage Held by Institutions92.57% 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 12.77% in the coming year, from $2.35 to $2.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CTS is 22.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.77.Price to Earnings Ratio vs. SectorThe P/E ratio of CTS is 22.32, 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 275.44.Price to Book Value per Share RatioCTS has a P/B Ratio of 2.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CTS (NYSE:CTS) StockCTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. In addition, the company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.Read More CTS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CTS Stock News HeadlinesAugust 30, 2023 | marketbeat.com7 Best AI Mutual Funds (and ETFs) to Sweep the AI Craze (CTS)What are the best AI mutual funds, as AI continues to influence many sectors? Learn more about the best AI mutual funds to buy now with MarketBeat.September 23, 2023 | news.yahoo.comBoost for TomorrowSeptember 23, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 22, 2023 | msn.comWith color and fun, hospital helps young patients prepare for MRIs and CTsSeptember 21, 2023 | finance.yahoo.comComplete Technology Solutions (CTS) Enters Into Partnership With New Charter TechnologiesSeptember 20, 2023 | americanbankingnews.comCTS (NYSE:CTS) Rating Lowered to Buy at StockNews.comSeptember 17, 2023 | msn.comDoes anyone know who owns a 2015 ish Cadillac CTS-V in the area?September 16, 2023 | msn.comFormer Honduran Criminal Judge rebuilds life in AmericaSeptember 23, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 15, 2023 | finance.yahoo.comCTS Corporation to Participate in Sidoti Virtual Investor ConferenceSeptember 14, 2023 | markets.businessinsider.comScotiabank Maintains a Buy Rating on Converge Technology Solutions Corp (CTS)September 13, 2023 | yahoo.comIBC 2023: Comcast Technology Solutions Launches New Cloud Distribution Tech For EMEA MarketSeptember 13, 2023 | msn.comComcast Launches Cloud-Based Managed Channel Origination Service Across EMEASeptember 13, 2023 | americanbankingnews.comCTS (NYSE:CTS) Upgraded by StockNews.com to Strong-BuySeptember 13, 2023 | it.tmcnet.comCOMCAST TECHNOLOGY SOLUTIONS LAUNCHES CLOUD-BASED MANAGED CHANNEL ORIGINATION SERVICE ACROSS EMEASeptember 5, 2023 | finance.yahoo.comTrecora to Adjust Pentane and Hexane Prices with Changing Market DynamicsSeptember 5, 2023 | insidebitcoins.comCartesi Price Prediction for Today, September 4 – CTSI Technical AnalysisAugust 31, 2023 | msn.comOSSC CTS Main admit card 2023 released; Download at ossc.gov.inAugust 29, 2023 | stocknews.comTop 3 Tech Stocks to Watch and Buy in SeptemberAugust 25, 2023 | msn.comCadillac V Models Get Iconic Black Paint To Celebrate 20th AnniversaryAugust 24, 2023 | marketwatch.comCTS Eventim Raises Sales Guidance After Strong 1HAugust 23, 2023 | businesswire.comBC Transit Introduces Modernized Fare Payment System in Victoria Using Cubic’s Umo PlatformAugust 22, 2023 | msn.com10 Reliable V8 Engines Every Gearhead RespectsAugust 20, 2023 | forbes.comTesla Starts Shipping Cybertruck, Price Be DamnedAugust 18, 2023 | msn.comWe need your help to Clear the SheltersAugust 18, 2023 | yahoo.com5 Symptoms of Carpal Tunnel Syndrome You Should KnowAugust 17, 2023 | msn.comSome former Christmas Tree Shops employees say they weren't paidSee More Headlines Receive CTS Stock 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. Email Address CTS Company Calendar Ex-Dividend for 7/28 Dividend6/29/2023Last Earnings7/25/2023Dividend Payable7/28/2023Today9/23/2023Ex-Dividend for 10/27 Dividend9/28/2023Next Earnings (Estimated)10/25/2023Dividend Payable10/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Printed circuit boards Sub-IndustryElectronic Manufacturing Services SectorComputer and Technology Current SymbolNYSE:CTS CUSIP12650110 CIK26058 Webwww.ctscorp.com Phone(630) 577-8800Fax630-577-8894Employees4,209Year FoundedN/APrice Target and Rating Average Stock Price Forecast$42.50 High Stock Price Forecast$44.00 Low Stock Price Forecast$41.00 Forecasted Upside/Downside+4.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.83 Trailing P/E Ratio22.32 Forward P/E Ratio17.38 P/E GrowthN/ANet Income$59.58 million Net Margins9.90% Pretax Margin13.13% Return on Equity14.92% Return on Assets10.16% Debt Debt-to-Equity Ratio0.15 Current Ratio3.08 Quick Ratio2.49 Sales & Book Value Annual Sales$585.37 million Price / Sales2.19 Cash Flow$3.39 per share Price / Cash Flow12.04 Book Value$15.88 per share Price / Book2.57Miscellaneous Outstanding Shares31,355,000Free Float30,728,000Market Cap$1.28 billion OptionableOptionable Beta0.71 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Kieran M. O'Sullivan (Age 61)Chairman, Pres & CEO Comp: $2.25MMr. Ashish Agrawal (Age 52)VP & CFO Comp: $888.12kMr. Scott L. D'Angelo (Age 52)VP, Gen. Counsel & Sec. Comp: $696.71kMr. Martin Baumeister (Age 56)Sr. VP Comp: $512.65kMr. Michael Edward Murray (Age 52)Sr. VP Comp: $531.94kMr. Thomas Michael White (Age 37)Corp. Controller & Principal Accounting Officer Mr. Mitchell J. WalorskiDirector of Investor RelationsMore ExecutivesKey CompetitorsTTM TechnologiesNASDAQ:TTMIBenchmark ElectronicsNYSE:BHEPlexusNASDAQ:PLXSSanminaNASDAQ:SANMKimball ElectronicsNASDAQ:KEView All CompetitorsInsiders & InstitutionsBarclays PLCBought 585 shares on 9/21/2023Ownership: 0.081%California State Teachers Retirement SystemSold 2,948 shares on 8/21/2023Ownership: 0.118%Osaic Holdings Inc.Sold 448 shares on 8/21/2023Ownership: 0.056%Teachers Retirement System of The State of KentuckyBought 559 shares on 8/21/2023Ownership: 0.033%Citadel Advisors LLCBought 900 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions CTS Stock - Frequently Asked Questions Should I buy or sell CTS stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CTS in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CTS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTS, but not buy additional shares or sell existing shares. View CTS analyst ratings or view top-rated stocks. What is CTS's stock price forecast for 2023? 2 equities research analysts have issued 12-month target prices for CTS's stock. Their CTS share price forecasts range from $41.00 to $44.00. On average, they predict the company's share price to reach $42.50 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View analysts price targets for CTS or view top-rated stocks among Wall Street analysts. How have CTS shares performed in 2023? CTS's stock was trading at $39.42 at the beginning of the year. Since then, CTS stock has increased by 3.6% and is now trading at $40.84. View the best growth stocks for 2023 here. Are investors shorting CTS? CTS saw a drop in short interest during the month of August. As of August 15th, there was short interest totaling 509,500 shares, a drop of 16.8% from the July 31st total of 612,200 shares. Based on an average daily volume of 204,200 shares, the short-interest ratio is currently 2.5 days. Currently, 1.7% of the company's stock are short sold. View CTS's Short Interest. When is CTS's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. View our CTS earnings forecast. How were CTS's earnings last quarter? CTS Co. (NYSE:CTS) issued its earnings results on Tuesday, July, 25th. The electronics maker reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. The electronics maker earned $145.20 million during the quarter, compared to analysts' expectations of $146.23 million. CTS had a net margin of 9.90% and a trailing twelve-month return on equity of 14.92%. The business's revenue was up .1% on a year-over-year basis. During the same quarter last year, the business posted $0.62 earnings per share. How often does CTS pay dividends? What is the dividend yield for CTS? CTS announced a quarterly dividend on Thursday, August 17th. Shareholders of record on Friday, September 29th will be given a dividend of $0.04 per share on Friday, October 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, September 28th. Read our dividend analysis for CTS. What ETFs hold CTS's stock? ETFs with the largest weight of CTS (NYSE:CTS) stock in their portfolio include Small Cap US Equity Select ETF (RNSC), Invesco S&P SmallCap Information Technology ETF (PSCT), AdvisorShares Insiders Advantage ETF (SURE) and Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG).iShares Self-Driving EV and Tech ETF (IDRV). Is CTS a good dividend stock? CTS (NYSE:CTS) pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.38%. The dividend payout ratio is 8.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTS will have a dividend payout ratio of 6.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CTS. What guidance has CTS issued on next quarter's earnings? CTS updated its FY 2023 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $2.20-$2.40 for the period, compared to the consensus estimate of $2.39. The company issued revenue guidance of $565.00 million-$585.00 million, compared to the consensus revenue estimate of $598.62 million. What is Kieran O Sullivan's approval rating as CTS's CEO? 12 employees have rated CTS Chief Executive Officer Kieran O Sullivan on Glassdoor.com. Kieran O Sullivan has an approval rating of 13% among the company's employees. This puts Kieran O Sullivan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of CTS own? Based on aggregate information from My MarketBeat watchlists, some companies that other CTS investors own include AT&T (T), Gilead Sciences (GILD), International Business Machines (IBM), Kohl's (KSS), SM Energy (SM), Allena Pharmaceuticals (ALNA), B&G Foods (BGS), British American Tobacco (BTI), Caterpillar (CAT) and eBay (EBAY). 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.91%), Earnest Partners LLC (5.91%), Dimensional Fund Advisors LP (4.76%), Gamco Investors INC. ET AL (4.46%), Brown Advisory Inc. (3.85%) and State Street Corp (3.48%). Insiders that own company stock include Ashish Agrawal, Kieran M O'sullivan and Ye Jane Li. View institutional ownership trends. How do I buy shares of CTS? Shares of CTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CTS's stock price today? One share of CTS stock can currently be purchased for approximately $40.84. How much money does CTS make? CTS (NYSE:CTS) has a market capitalization of $1.28 billion and generates $585.37 million in revenue each year. The electronics maker earns $59.58 million in net income (profit) each year or $1.83 on an earnings per share basis. How many employees does CTS have? The company employs 4,209 workers across the globe. How can I contact CTS? CTS's mailing address is 4925 Indiana Avenue, Lisle IL, 60532. The official website for the company is www.ctscorp.com. The electronics maker can be reached via phone at (630) 577-8800 or via fax at 630-577-8894. This page (NYSE:CTS) was last updated on 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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