NYSE:CTS CTS (CTS) Stock Forecast, Price & News $47.27 +1.30 (+2.83%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$46.50▼$47.8450-Day Range$39.21▼$49.4652-Week Range$31.90▼$49.59Volume203,274 shsAverage Volume172,579 shsMarket Capitalization$1.49 billionP/E Ratio26.12Dividend Yield0.34%Price Target$41.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CTS MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside12.2% Downside$41.50 Price TargetShort InterestBearish3.35% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-2.15Upright™ Environmental ScoreNews Sentiment0.04Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth9.62%From $2.60 to $2.85 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.1.91 out of 5 starsComputer And Technology Sector409th out of 597 stocksPrinted Circuit Boards Industry9th out of 10 stocks 1.3 Analyst's Opinion Consensus RatingCTS has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.50, CTS has a forecasted downside of 12.2% from its current price of $47.27.Amount of Analyst CoverageCTS has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.35% of the float of CTS has been sold short.Short Interest Ratio / Days to CoverCTS has a short interest ratio ("days to cover") of 6.3.Change versus previous month Previous Next 1.7 Dividend Strength Dividend YieldCTS has a dividend yield of 0.36%, 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 8.84%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CTS will have a dividend payout ratio of 5.61% next year. This indicates that CTS will be able to sustain or increase its dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCTS has received a 21.47% 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 "Piezoelectric devices" products. See details.Environmental SustainabilityThe Environmental Impact score for CTS is -2.15. Previous Next 2.2 News and Social Media Coverage News SentimentCTS has a news sentiment score of 0.04. 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 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for CTS this week, compared to 5 articles on an average week.Search Interest13 people have searched for CTS on MarketBeat in the last 30 days. This is an increase of 333% compared to the previous 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 Institutions95.61% 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 9.62% in the coming year, from $2.60 to $2.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CTS is 26.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.34.Price to Earnings Ratio vs. SectorThe P/E ratio of CTS is 26.12, 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 318.62.Price to Book Value per Share RatioCTS has a P/B Ratio of 2.98. 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 Corp. engages in the design and manufacture of sensors, connectivity components, and actuators. Its products include controls, pedals, piezo sensing products, sensors, switches, transducers, electromagnetic and radio frequency interference filters, capacitors, frequency control, resistors, piezo microactuators, and rotary microactuators. The company was founded by A. J. Briggs, George A. Briggs, and S. A. Buffington in 1896 and is headquartered in Lisle, IL.Read More 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 Stock News HeadlinesJune 7, 2023 | msn.comInfant in critical condition after SUV flips when struck by hit-and-run Cadillac driver on Bronx expresswayJune 7, 2023 | finance.yahoo.comHere's Why CTS Eventim KGaA (ETR:EVD) Has Caught The Eye Of InvestorsJune 7, 2023 | Legacy Research (Affiliate) (Ad)From -60% Account to Doubling His Money?After helping his readers double their money 13 TIMES in the last year alone… There’s ONE person trader Jeff Clark has NOT been able to help! His 23-year-old son, Grant.June 6, 2023 | msn.comOSSC CTS Prelims 2022 answer key released at ossc.gov.in, raise objections till June 8June 5, 2023 | finance.yahoo.comBecome Closer To Financial Freedom With Cash Tracking System (CTS)June 4, 2023 | finance.yahoo.comVial to Sponsor and Present at Clinical Trials at the Summit (CTS) 2023 in Park City, UTJune 2, 2023 | msn.comCTS (TYO:4345) Price Target Decreased by 10.58% to 948.60June 1, 2023 | msn.comSmelling smoke? Air quality ‘not poor’ after Mesa mulch fire creates smoky hazeJune 7, 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.May 31, 2023 | msn.com82-year-old woman reported missing in Oneonta found safeMay 29, 2023 | msn.comHead-on crash in Hinds County injures 2May 29, 2023 | finance.yahoo.comDo Its Financials Have Any Role To Play In Driving CTS Corporation's (NYSE:CTS) Stock Up Recently?May 29, 2023 | msn.com10 Muscle Cars That Dominated In Forza Horizon GamesMay 26, 2023 | americanbankingnews.comCTS Co. (NYSE:CTS) Receives $41.50 Average Price Target from AnalystsMay 25, 2023 | finance.yahoo.comAt CA$3.21, Is Converge Technology Solutions Corp. (TSE:CTS) Worth Looking At Closely?May 24, 2023 | msn.comCTS Earnings Perspective: Return On Invested CapitalMay 24, 2023 | finance.yahoo.comIs Now The Time To Look At Buying CTS Eventim AG & Co. KGaA (ETR:EVD)?May 23, 2023 | finance.yahoo.comLevelJump Record Revenues; Q1 Revenue Increase of 39%May 21, 2023 | americanbankingnews.comCTS (NYSE:CTS) Earns Buy Rating from Analysts at StockNews.comMay 20, 2023 | uk.news.yahoo.comEncouraging year for Yorkshire business supplies firmMay 19, 2023 | americanbankingnews.comComparing CTS (NYSE:CTS) & Tempo Automation (NASDAQ:TMPO)May 18, 2023 | uk.news.yahoo.com'Encouraging growth' at this rapidly expanding firmMay 18, 2023 | uk.movies.yahoo.comCTS EVENTIM makes a strong start to 2023, generating substantial growth in revenue and normalised EBITDAMay 17, 2023 | msn.comEglinton LRT builders claim they have no way to ‘control or restrain’ TTC demandsMay 16, 2023 | marketwatch.comAircraft Engine Maintenance Service Market Set to Witness Explosive Growth by 2030 |Lufthansa Technik, Airline Support Baltic CTS EnginesMay 16, 2023 | msn.comConsortium behind Eglinton Crosstown LRT intends to launch litigation, Metrolinx saysMay 16, 2023 | marketwatch.com10-Q: BLUE BIOFUELS, INC.See More Headlines CTS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CTS Company Calendar Last Earnings4/27/2023Today6/07/2023Ex-Dividend for 7/28 Dividend6/29/2023Ex-Dividend for 7/28 Dividend6/29/2023Next Earnings (Estimated)7/25/2023Dividend Payable7/28/2023Dividend Payable7/28/2023Fiscal 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$41.50 High Stock Price Forecast$44.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside-12.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.81 Trailing P/E Ratio26.12 Forward P/E Ratio18.18 P/E GrowthN/ANet Income$59.58 million Net Margins9.86% Pretax Margin13.28% Return on Equity15.45% Return on Assets10.42% Debt Debt-to-Equity Ratio0.16 Current Ratio3.05 Quick Ratio2.45 Sales & Book Value Annual Sales$586.87 million Price / Sales2.54 Cash Flow$3.62 per share Price / Cash Flow13.07 Book Value$15.88 per share Price / Book2.98Miscellaneous Outstanding Shares31,540,000Free Float30,909,000Market Cap$1.49 billion OptionableOptionable Beta0.74 Key ExecutivesKieran M. O'SullivanChairman, President & Chief Executive OfficerAshish AgrawalChief Financial Officer & Vice PresidentScott L. D’AngeloSecretary, Vice President & General CounselRoger MerelDirector-Technical MarketingDoug FordVice President-Corporate Development & MarketingKey CompetitorsTTM TechnologiesNASDAQ:TTMIBenchmark ElectronicsNYSE:BHEPlexusNASDAQ:PLXSSanminaNASDAQ:SANMCelesticaNYSE:CLSView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 4,603 shares on 5/26/2023Ownership: 0.015%Legato Capital Management LLCBought 4,865 shares on 5/25/2023Ownership: 0.015%Ameriprise Financial Inc.Sold 5,380 shares on 5/22/2023Ownership: 0.386%Putnam Investments LLCSold 5,186 shares on 5/22/2023Ownership: 0.024%JPMorgan Chase & Co.Bought 15,579 shares on 5/18/2023Ownership: 0.237%View All Insider TransactionsView All Institutional Transactions CTS Stock - Frequently Asked Questions Should I buy or sell CTS stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CTS in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CTS shares. View CTS analyst ratings or view top-rated stocks. What is CTS's stock price forecast for 2023? 4 brokerages have issued 12-month price targets for CTS's stock. Their CTS share price forecasts range from $38.00 to $44.00. On average, they anticipate the company's share price to reach $41.50 in the next year. This suggests that the stock has a possible downside of 12.2%. 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 shares have increased by 19.9% and is now trading at $47.27. View the best growth stocks for 2023 here. Are investors shorting CTS? CTS saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,040,000 shares, an increase of 31.1% from the April 15th total of 793,300 shares. Based on an average trading volume of 166,700 shares, the short-interest ratio is presently 6.2 days. Approximately 3.4% of the company's shares 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 Tuesday, July 25th 2023. View our CTS earnings forecast. How were CTS's earnings last quarter? CTS Co. (NYSE:CTS) issued its earnings results on Thursday, April, 27th. The electronics maker reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.02. The electronics maker had revenue of $145.99 million for the quarter, compared to analyst estimates of $142.89 million. CTS had a trailing twelve-month return on equity of 15.45% and a net margin of 9.86%. CTS's revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.67 earnings per share. How often does CTS pay dividends? What is the dividend yield for CTS? CTS declared a quarterly dividend on Thursday, May 11th. Investors of record on Friday, June 30th will be paid a dividend of $0.04 per share on Friday, July 28th. This represents a $0.16 annualized dividend and a dividend yield of 0.34%. The ex-dividend date is Thursday, June 29th. 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), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap Momentum ETF (XSMO), First Trust Small Cap Growth AlphaDEX Fund (FYC), Defiance Next Gen Connectivity ETF (FIVG), Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and Pacer US Small Cap Cash Cows 100 ETF (CALF). 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 0.36%. The dividend payout ratio is 8.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTS will have a dividend payout ratio of 5.61% 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 Thursday, April, 27th. The company provided earnings per share guidance of $2.40-$2.70 for the period, compared to the consensus earnings per share estimate of $2.66. The company issued revenue guidance of $580.00 million-$640.00 million, compared to the consensus revenue estimate of $616.03 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (16.10%), Brown Advisory Inc. (4.78%), Dimensional Fund Advisors LP (4.73%), Gamco Investors INC. ET AL (4.45%), State Street Corp (3.38%) and Wellington Management Group LLP (3.33%). 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 $47.27. How much money does CTS make? CTS (NYSE:CTS) has a market capitalization of $1.49 billion and generates $586.87 million in revenue each year. The electronics maker earns $59.58 million in net income (profit) each year or $1.81 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 6/7/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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