NYSE:CTSCTS Stock Price, Forecast & News Adding Choose a 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. Log In and Add $21.63 -0.89 (-3.95 %) (As of 04/6/2020 01:28 AM ET) Add Compare Share Today's Range$21.15Now: $21.63▼$22.3950-Day Range$18.24MA: $24.81▼$30.1852-Week Range$17.92Now: $21.63▼$34.29Volume144,037 shsAverage Volume187,983 shsMarket Capitalization$702.11 millionP/E Ratio19.84Dividend Yield0.71%Beta1.11 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. The company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors in the United States, Singapore, Taiwan, China, the Czech Republic, and internationally. CTS Corporation was founded in 1896 and is based in Lisle, Illinois.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingCTS has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.00, CTS has a potential upside of 52.6% from its current price of $21.63.Amount of Analyst CoverageCTS has received no research coverage in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesCTS has received 278 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCTS has received 261 “underperform” votes. (Add your “underperform” vote.)Community SentimentCTS has received 51.58% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipCTS is a leading dividend payer. It pays a dividend yield of 0.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCTS does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of CTS is 11.03 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CTS insiders have bought more of their company's stock than they have sold. Specifically, they have bought $41,007.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.96% of the stock of CTS is held by insiders.Percentage Held by Institutions95.23% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for CTS are expected to decrease by -100.00% in the coming year, from $1.48 to $0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CTS is 19.84, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.07.Price to Earnings Ratio vs. SectorThe P/E ratio of CTS is 19.84, 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 29.47.Price to Book Value per Share RatioCTS has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.6Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.58 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Printed circuit boards Sub-IndustryElectronic Manufacturing Services SectorComputer and Technology Current SymbolNYSE:CTS Previous Symbol CUSIP12650110 CIK26058 Webhttp://www.ctscorp.com/ Phone630-577-8800Debt Debt-to-Equity Ratio0.31 Current Ratio2.45 Quick Ratio2.01Price-To-Earnings Trailing P/E Ratio19.84 Forward P/E Ratio14.61 P/E GrowthN/A Sales & Book Value Annual Sales$469 million Price / Sales1.50 Cash Flow$2.14 per share Price / Cash Flow10.10 Book Value$12.43 per share Price / Book1.74Profitability EPS (Most Recent Fiscal Year)$1.45 Net Income$36.15 million Net Margins7.71% Return on Equity12.15% Return on Assets7.86%Miscellaneous Employees3,570 Outstanding Shares32,460,000Market Cap$702.11 million Next Earnings Date4/23/2020 (Estimated) OptionableOptionable Receive CTS 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. CTS Rates by TradingView CTS (NYSE:CTS) Frequently Asked Questions How has CTS's stock been impacted by COVID-19 (Coronavirus)? CTS's stock was trading at $23.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CTS stock has decreased by 6.7% and is now trading at $21.63. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is CTS's next earnings date? CTS is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for CTS. 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 (EPS) for the quarter, topping the Zacks' consensus estimate of $0.35 by $0.02. The electronics maker had revenue of $115.04 million for the quarter, compared to the consensus estimate of $110.46 million. CTS had a net margin of 7.71% and a return on equity of 12.15%. The company's revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter last year, the business earned $0.41 earnings per share. View CTS's earnings history. 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 given a dividend of $0.04 per share on Friday, April 17th. This represents a $0.16 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Thursday, March 12th. View CTS's dividend history. What guidance has CTS issued on next quarter's earnings? CTS updated its first quarter earnings guidance on Thursday, March, 5th. The company provided earnings per share guidance of $0.15-0.23 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.29. The company issued revenue guidance of $95-105 million, compared to the consensus revenue estimate of $111.83 million. What price target have analysts set for CTS? 3 brokerages have issued 12-month price objectives for CTS's shares. Their forecasts range from $33.00 to $33.00. On average, they anticipate CTS's stock price to reach $33.00 in the next twelve months. This suggests a possible upside of 52.6% from the stock's current price. View analysts' price targets for CTS. Has CTS been receiving favorable news coverage? News headlines about CTS stock have trended very negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CTS earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the electronics maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutCTS. Are investors shorting CTS? CTS saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 701,400 shares, an increase of 14.8% from the February 27th total of 611,000 shares. Based on an average daily volume of 105,700 shares, the days-to-cover ratio is currently 6.6 days. Approximately 2.2% of the company's stock are sold short. View CTS's Current Options Chain. Who are some of CTS's key competitors? Some companies that are related to CTS include Trimble (TRMB), IPG Photonics (IPGP), Mercury Systems (MRCY), Jabil (JBL), Fabrinet (FN), Sanmina (SANM), Plexus (PLXS), KEMET (KEM), TTM Technologies (TTMI), Methode Electronics (MEI), Benchmark Electronics (BHE), Park Electrochemical (PKE), Key Tronic (KTCC) and Neonode (NEON). 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), LivePerson (LPSN), Rent-A-Center (RCII), Surgery Partners (SGRY), TriMas (TRS), B&G Foods (BGS), IBM (IBM), Kohl's (KSS) and SM Energy (SM). Who are CTS's key executives? CTS's management team includes the following 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 What is CTS's stock symbol? CTS trades on the New York Stock Exchange (NYSE) under the ticker symbol "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 $21.63. How big of a company is CTS? CTS has a market capitalization of $702.11 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 3,570 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. This page was last updated on 4/6/2020 by MarketBeat.com StaffFeatured Article: Conference Calls
