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S&P 500   4,282.37
DOW   33,762.76
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Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
How A.I. Could Make Most 21st Century Diseases EXTINCT (Ad)
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
NYSE:CTS

CTS (CTS) Stock Forecast, Price & News

$46.51
+1.32 (+2.92%)
(As of 06/2/2023 ET)
Compare
Today's Range
$45.21
$46.64
50-Day Range
$39.21
$49.46
52-Week Range
$31.90
$49.59
Volume
167,195 shs
Average Volume
174,188 shs
Market Capitalization
$1.47 billion
P/E Ratio
25.70
Dividend Yield
0.34%
Price Target
$41.50

CTS MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
10.8% Downside
$41.50 Price Target
Short Interest
Bearish
3.35% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-2.15
Upright™ Environmental Score
News Sentiment
0.20mentions of CTS in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.62%
From $2.60 to $2.85 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Computer And Technology Sector

420th out of 609 stocks

Printed Circuit Boards Industry

10th out of 10 stocks


CTS stock logo

About CTS (NYSE:CTS) Stock

CTS 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.

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CTS Stock News Headlines

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Comparing CTS (NYSE:CTS) & Tempo Automation (NASDAQ:TMPO)
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CTS (CTS) Declares $0.04 Dividend
See More Headlines

CTS Price History

CTS Company Calendar

Last Earnings
4/27/2023
Today
6/03/2023
Ex-Dividend for 7/28 Dividend
6/29/2023
Ex-Dividend for 7/28 Dividend
6/29/2023
Next Earnings (Estimated)
7/25/2023
Dividend Payable
7/28/2023
Dividend Payable
7/28/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Printed circuit boards
Sub-Industry
Electronic Manufacturing Services
CUSIP
12650110
Employees
4,209
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$41.50
High Stock Price Forecast
$44.00
Low Stock Price Forecast
$38.00
Forecasted Upside/Downside
-10.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$59.58 million
Pretax Margin
13.28%

Debt

Sales & Book Value

Annual Sales
$585.17 million
Cash Flow
$3.52 per share
Book Value
$16.30 per share

Miscellaneous

Free Float
30,909,000
Market Cap
$1.47 billion
Optionable
Optionable
Beta
0.74

Key Executives

  • Kieran M. O'SullivanKieran M. O'Sullivan
    Chairman, President & Chief Executive Officer
  • Ashish AgrawalAshish Agrawal
    Chief Financial Officer & Vice President
  • Scott L. D’Angelo
    Secretary, Vice President & General Counsel
  • Roger Merel
    Director-Technical Marketing
  • Doug Ford
    Vice President-Corporate Development & Marketing













CTS Stock - Frequently Asked Questions

Should I buy or sell CTS stock right now?

4 Wall Street 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 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 brokers have issued 1 year price targets for CTS's shares. 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 twelve months. This suggests that the stock has a possible downside of 10.8%.
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 stock has increased by 18.0% and is now trading at $46.51.
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 daily trading volume, of 166,700 shares, the short-interest ratio is currently 6.2 days. Currently, 3.4% of the company's shares are sold short.
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) released its quarterly earnings data 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 earned $145.99 million during the quarter, compared to analysts' expectations of $142.89 million. CTS had a trailing twelve-month return on equity of 15.45% and a net margin of 9.86%. The firm's revenue was down 1.2% on a year-over-year basis. During the same period 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 announced a quarterly dividend on Thursday, May 11th. Shareholders 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 of this dividend is Thursday, June 29th.
Read our dividend analysis for CTS
.

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 0.35%. 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 issued an update on 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 a variety of institutional and retail investors. Top institutional shareholders 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 $46.51.

How much money does CTS make?

CTS (NYSE:CTS) has a market capitalization of $1.47 billion and generates $585.17 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 6/4/2023 by MarketBeat.com Staff

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