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NYSE:CTS - CTS Stock Price, Forecast & News

$28.40
-0.89 (-3.04 %)
(As of 02/25/2020 01:59 AM ET)
Today's Range
$28.12
Now: $28.40
$28.63
50-Day Range
$28.40
MA: $30.04
$31.36
52-Week Range
$26.32
Now: $28.40
$34.29
Volume59,900 shs
Average Volume96,869 shs
Market Capitalization$925.90 million
P/E Ratio26.06
Dividend Yield0.55%
Beta1.26
CTS Corporation designs, manufactures, and sells a range of sensors, electronic components, and actuators primarily to original equipment manufacturers for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. It offers sensors and actuators for use in passenger or consumer vehicles; electronic components for use in telecommunications infrastructure, information technology and other high-speed applications, switches, and potentiometers supplied to various markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. Read More…

Industry, Sector and Symbol

Industry Printed circuit boards
Sub-IndustryElectronic Manufacturing Services
SectorComputer and Technology
CUSIP12650110
Phone630-577-8800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$469 million
Cash Flow$2.16 per share
Book Value$12.43 per share

Profitability

Net Income$36.15 million

Miscellaneous

Employees3,230
Market Cap$925.90 million
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable

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CTS (NYSE:CTS) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, February 6th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.04 per share on Friday, April 17th. This represents a $0.16 annualized dividend and a yield of 0.56%. The ex-dividend date of this dividend is Thursday, March 12th. View CTS's Dividend History.

How were CTS's earnings last quarter?

CTS Co. (NYSE:CTS) released its quarterly earnings results on Tuesday, February, 4th. The electronics maker reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.02. The electronics maker had revenue of $115.04 million for the quarter, compared to analyst estimates of $110.46 million. CTS had a net margin of 7.71% and a return on equity of 12.15%. The business's revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 earnings per share. View CTS's Earnings History.

When is CTS's next earnings date?

CTS is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for CTS.

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

CTS issued an update on its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $1.35-1.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.54. The company issued revenue guidance of $450-480 million, compared to the consensus revenue estimate of $461.96 million.

What price target have analysts set for CTS?

3 Wall Street analysts have issued twelve-month price targets for CTS's stock. Their forecasts range from $33.00 to $33.00. On average, they anticipate CTS's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price. View Analyst Price Targets for CTS.

What is the consensus analysts' recommendation for CTS?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CTS in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CTS.

Has CTS been receiving favorable news coverage?

Press coverage about CTS stock has been trending neutral on Tuesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CTS earned a news sentiment score of 0.4 on InfoTrie's scale. They also assigned news headlines about the electronics maker a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for CTS.

Are investors shorting CTS?

CTS saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 667,700 shares, an increase of 30.7% from the December 31st total of 510,900 shares. Based on an average daily volume of 130,100 shares, the days-to-cover ratio is currently 5.1 days. Currently, 2.1% of the shares of the company are sold short. View CTS's Current Options Chain.

Who are some of CTS's key competitors?

What other stocks do shareholders of CTS own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CTS investors own include Gilead Sciences (GILD), LivePerson (LPSN), Surgery Partners (SGRY), B&G Foods (BGS), Kohl's (KSS), SM Energy (SM), AT&T (T), Domtar (UFS), Allena Pharmaceuticals (ALNA) and Advanced Micro Devices (AMD).

Who are CTS's key executives?

CTS's management team includes the folowing people:
  • Mr. Kieran M. O'Sullivan, Chairman, Pres & CEO (Age 57)
  • Mr. Ashish Agrawal, VP & CFO (Age 48)
  • Mr. Luis Francisco Machado, VP, Gen. Counsel & Sec. (Age 56)
  • Mr. Robert A. Profusek J.D., Esq., Lead Director (Age 69)
  • Mr. Mitchell J. Walorski, Director of Investor Relations

Who are CTS's major shareholders?

CTS's stock is owned by a number of of institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (4.29%), State Street Corp (3.00%), Victory Capital Management Inc. (2.37%), Victory Capital Management Inc. (2.36%), Gabelli Funds LLC (2.33%) and ArrowMark Colorado Holdings LLC (2.10%). Company insiders that own CTS stock include Ashish Agrawal and Kieran M O'sullivan. View Institutional Ownership Trends for CTS.

Which major investors are selling CTS stock?

CTS stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, SG Americas Securities LLC, First Trust Advisors LP, Arizona State Retirement System, Tributary Capital Management LLC, State of Tennessee Treasury Department, Pinebridge Investments L.P. and Public Sector Pension Investment Board. View Insider Buying and Selling for CTS.

Which major investors are buying CTS stock?

CTS stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Victory Capital Management Inc., Victory Capital Management Inc., Bank of Montreal Can, Aviva PLC, Dupont Capital Management Corp, Great West Life Assurance Co. Can and Thrivent Financial for Lutherans. View Insider Buying and Selling for CTS.

How do I buy shares of CTS?

Shares of CTS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is CTS's stock price today?

One share of CTS stock can currently be purchased for approximately $28.40.

How big of a company is CTS?

CTS has a market capitalization of $925.90 million and generates $469 million in revenue each year. The electronics maker earns $36.15 million in net income (profit) each year or $1.45 on an earnings per share basis. CTS employs 3,230 workers across the globe.View Additional Information About CTS.

What is CTS's official website?

The official website for CTS is http://www.ctscorp.com/.

How can I contact CTS?

CTS's mailing address is 4925 Indiana Avenue, Lisle IL, 60532. The electronics maker can be reached via phone at 630-577-8800.


MarketBeat Community Rating for CTS (NYSE CTS)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  264 (Vote Outperform)
Underperform Votes:  254 (Vote Underperform)
Total Votes:  518
MarketBeat's community ratings are surveys of what our community members think about CTS and other stocks. Vote "Outperform" if you believe CTS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/25/2020 by MarketBeat.com Staff

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