NYSE:CTS CTS - CTS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $44.97 -0.55 (-1.21%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$44.81▼$45.5950-Day Range$42.79▼$47.2152-Week Range$31.90▼$48.18Volume192,839 shsAverage Volume154,713 shsMarket Capitalization$1.42 billionP/E Ratio24.18Dividend Yield0.36%Price Target$41.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CTS MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside7.7% Downside$41.50 Price TargetShort InterestBearish2.08% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.46Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$881,673 Sold Last QuarterProj. Earnings Growth9.80%From $2.55 to $2.80 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 Sector441st out of 604 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 7.7% from its current price of $44.97.Amount of Analyst CoverageCTS has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.08% of the float of CTS has been sold short.Short Interest Ratio / Days to CoverCTS has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in CTS has recently increased by 16.24%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldCTS has a dividend yield of 0.35%, 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 8.60%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CTS will have a dividend payout ratio of 5.71% next year. This indicates that CTS will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCTS has received a 26.10% net impact score from Upright. Cts seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Piezoelectric devices for medical supplies and appliances", "Temperature sensors for medical supplies and appliances", and "Piezoelectric devices" products. See details.Environmental SustainabilityThe Environmental Impact score for CTS is -1.46. Previous Next 1.3 News and Social Media Coverage News SentimentCTS has a news sentiment score of 0.26. 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 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for CTS this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for CTS on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CTS insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $881,673.00 in company stock.Percentage Held by InsidersOnly 2.22% 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 9.80% in the coming year, from $2.55 to $2.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CTS is 24.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.58.Price to Earnings Ratio vs. SectorThe P/E ratio of CTS is 24.18, 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 282.64.Price to Book Value per Share RatioCTS has a P/B Ratio of 2.83. 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 HeadlinesMarch 19, 2023 | americanbankingnews.comCTS (NYSE:CTS) Earns Buy Rating from Analysts at StockNews.comMarch 13, 2023 | marketwatch.comSpecialty Resistors Market : Regional Analysis, Future Developments, Key Vendors and Industry Scope by 2028March 25, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 1, 2023 | finance.yahoo.comLooking for a Growth Stock? 3 Reasons Why CTS (CTS) is a Solid ChoiceFebruary 17, 2023 | uk.finance.yahoo.comCTS Eventim KGaA (ETR:EVD) shareholders have earned a 9.3% CAGR over the last five yearsFebruary 17, 2023 | markets.businessinsider.comCTS Eventim FY22 Normalised EBITDA, Revenues ClimbFebruary 17, 2023 | marketwatch.comCTS Eventim 2022 Sales, Ebitda Jumped on YearFebruary 9, 2023 | finance.yahoo.comCTS Corporation Announces Appointment of Randy Stone to its Board of DirectorsMarch 25, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!February 9, 2023 | finance.yahoo.comCTS Corporation Board of Directors Authorizes New Share Repurchase PlanFebruary 7, 2023 | finance.yahoo.comCTS Announces Fourth Quarter and Full-Year 2022 ResultsFebruary 7, 2023 | finance.yahoo.comWhy CTS Stock Took a Hit on TuesdayJanuary 30, 2023 | msn.comLast-minute push to halt drug consumption site goes before Windsor council todayJanuary 24, 2023 | finance.yahoo.comCTS Corporation Announces Date for Fourth Quarter and Full-Year 2022 Earnings Release and Conference CallJanuary 21, 2023 | msn.comA Guide To Buying A 2013-2019 Cadillac ATSJanuary 17, 2023 | marketwatch.comInternet of Nanothings (IoNT) Market Size, Outlook, Share, Prominent Players, Growth, and Forecast 2029January 5, 2023 | finance.yahoo.comCTS Corporation to Participate at the 25th Annual Needham Growth ConferenceDecember 30, 2022 | finance.yahoo.comIs CTS Corporation (CTS) a Worthy Investment?December 29, 2022 | stocknews.com3 Tech Stocks to Buy in January and Hold ForeverDecember 19, 2022 | finance.yahoo.comDeclining Stock and Decent Financials: Is The Market Wrong About CTS Corporation (NYSE:CTS)?December 17, 2022 | technews.tmcnet.comAutomotive seat belt sensor market 2023-2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - TechnavioDecember 17, 2022 | benzinga.comChristmas Tree Shops® Announces Product Donation to Support Humanitarian Aid to UkraineDecember 6, 2022 | msn.com10 Things You Need To Know Before Buying A Used First Generation Cadillac CTS-VDecember 5, 2022 | stocknews.com2 Tech Stocks You Won't Regret Buying Before 2022 EndsNovember 28, 2022 | finance.yahoo.comCTS' (NYSE:CTS) investors will be pleased with their respectable 60% return over the last five yearsNovember 28, 2022 | seekingalpha.comCTS Corporation: Growing Business With Even Better AcquisitionsNovember 19, 2022 | msn.com10 Obscure Cadillac Models That History Forgot AboutSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 1/13 Dividend12/08/2022Dividend Payable1/13/2023Last Earnings2/07/2023Today3/24/2023Ex-Dividend for 4/28 Dividend3/30/2023Next Earnings (Estimated)4/27/2023Dividend Payable4/28/2023Fiscal 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-7.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.86 Trailing P/E Ratio24.18 Forward P/E Ratio17.64 P/E GrowthN/ANet Income$59.58 million Net Margins10.15% Pretax Margin13.76% Return on Equity16.14% Return on Assets10.94% Debt Debt-to-Equity Ratio0.17 Current Ratio2.89 Quick Ratio2.34 Sales & Book Value Annual Sales$586.87 million Price / Sales2.43 Cash Flow$3.30 per share Price / Cash Flow13.64 Book Value$15.88 per share Price / Book2.83Miscellaneous Outstanding Shares31,670,000Free Float30,965,000Market Cap$1.42 billion OptionableOptionable Beta0.72 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 & InstitutionsMetLife Investment Management LLCSold 576 shares on 3/23/2023Ownership: 0.051%Truist Financial CorpBought 11,634 shares on 2/17/2023Ownership: 0.057%Chartwell Investment Partners LLCSold 4,823 shares on 2/16/2023Ownership: 1.076%Alliancebernstein L.P.Sold 966 shares on 2/16/2023Ownership: 0.126%Mariner LLCSold 232 shares on 2/15/2023Ownership: 0.022%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 equities research analysts have issued 12 month target prices for CTS's shares. Their CTS share price forecasts range from $38.00 to $44.00. On average, they anticipate the company's stock price to reach $41.50 in the next twelve months. This suggests that the stock has a possible downside of 7.7%. 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 2023. Since then, CTS shares have increased by 14.1% and is now trading at $44.97. View the best growth stocks for 2023 here. Are investors shorting CTS? CTS saw a increase in short interest in February. As of February 28th, there was short interest totaling 641,400 shares, an increase of 16.2% from the February 13th total of 551,800 shares. Based on an average daily volume of 156,400 shares, the short-interest ratio is presently 4.1 days. Currently, 2.1% of the shares of the 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 Thursday, April 27th 2023. View our CTS earnings forecast. How were CTS's earnings last quarter? CTS Co. (NYSE:CTS) released its quarterly earnings data on Tuesday, February, 7th. The electronics maker reported $0.56 EPS for the quarter, meeting the consensus estimate of $0.56. The electronics maker earned $142.28 million during the quarter, compared to analyst estimates of $148.56 million. CTS had a net margin of 10.15% and a trailing twelve-month return on equity of 16.14%. The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 EPS. How often does CTS pay dividends? What is the dividend yield for CTS? CTS declared a quarterly dividend on Thursday, February 9th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.04 per share on Friday, April 28th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date of this dividend is Thursday, March 30th. 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), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Defiance Next Gen Connectivity ETF (FIVG) and First Trust Small Cap Growth AlphaDEX Fund (FYC). 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 0.34%. The dividend payout ratio is 8.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTS will have a dividend payout ratio of 5.71% 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, February, 7th. The company provided earnings per share (EPS) guidance of $2.40-$2.70 for the period, compared to the consensus estimate of $2.64. The company issued revenue guidance of $580.00 million-$640.00 million, compared to the consensus revenue estimate of $620.62 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 variety of retail and institutional investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (10.45%), Earnest Partners LLC (5.63%), Dimensional Fund Advisors LP (4.85%), Gamco Investors INC. ET AL (4.44%), Brown Advisory Inc. (4.26%) and Geode Capital Management LLC (1.97%). 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 $44.97. How much money does CTS make? CTS (NYSE:CTS) has a market capitalization of $1.42 billion and generates $586.87 million in revenue each year. The electronics maker earns $59.58 million in net income (profit) each year or $1.86 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 3/25/2023 by MarketBeat.com Staff 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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