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CTS NYSE:CTS Stock Report

Last Price

US$52.83

Market Cap

US$1.6b

7D

-6.2%

1Y

25.4%

Updated

19 Dec, 2024

Data

Company Financials +

CTS Corporation

NYSE:CTS Stock Report

Market Cap: US$1.6b

CTS Stock Overview

Manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. More details

CTS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 11.45% per year

Risk Analysis

No risks detected for CTS from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 1 Analyst

Short-term Revenue May Suffer From Sector Declines, But Diversification Will Strengthen Future Profitability

Key Takeaways Declining sales in transportation and medical sectors and slow industrial recovery could impact short-term revenue and margins. Reduced R&D spending and acquisition-related debt may hinder innovation and slightly dilute short-term EPS, affecting long-term growth.
View narrative
US$49.00
FV
7.8% overvalued intrinsic discount
5.94%
Revenue growth p.a.
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0users have followed this narrative
1 day ago author updated this narrative

CTS Corporation Competitors

Benchmark Electronics

NYSE:BHE

US$1.7b

TTM Technologies

NasdaqGS:TTMI

US$2.5b

Sanmina

NasdaqGS:SANM

US$4.2b

Plexus

NasdaqGS:PLXS

US$4.3b

Price History & Performance

Summary of share price highs, lows and changes for CTS
Historical stock prices
Current Share PriceUS$52.83
52 Week HighUS$59.68
52 Week LowUS$40.09
Beta0.59
1 Month Change0.88%
3 Month Change10.09%
1 Year Change25.40%
3 Year Change45.46%
5 Year Change77.10%
Change since IPO1,329.99%

Recent News & Updates

Some Shareholders Feeling Restless Over CTS Corporation's (NYSE:CTS) P/E Ratio

Nov 14
Some Shareholders Feeling Restless Over CTS Corporation's (NYSE:CTS) P/E Ratio

Recent updates

Some Shareholders Feeling Restless Over CTS Corporation's (NYSE:CTS) P/E Ratio

Nov 14
Some Shareholders Feeling Restless Over CTS Corporation's (NYSE:CTS) P/E Ratio

Estimating The Fair Value Of CTS Corporation (NYSE:CTS)

Sep 20
Estimating The Fair Value Of CTS Corporation (NYSE:CTS)

These 4 Measures Indicate That CTS (NYSE:CTS) Is Using Debt Reasonably Well

Sep 04
These 4 Measures Indicate That CTS (NYSE:CTS) Is Using Debt Reasonably Well

Slowing Rates Of Return At CTS (NYSE:CTS) Leave Little Room For Excitement

Aug 17
Slowing Rates Of Return At CTS (NYSE:CTS) Leave Little Room For Excitement

Why We're Not Concerned About CTS Corporation's (NYSE:CTS) Share Price

Jul 02
Why We're Not Concerned About CTS Corporation's (NYSE:CTS) Share Price

CTS Corporation (NYSE:CTS) Shares Could Be 26% Above Their Intrinsic Value Estimate

Jun 15
CTS Corporation (NYSE:CTS) Shares Could Be 26% Above Their Intrinsic Value Estimate

We Think You Can Look Beyond CTS' (NYSE:CTS) Lackluster Earnings

May 08
We Think You Can Look Beyond CTS' (NYSE:CTS) Lackluster Earnings

We Think CTS (NYSE:CTS) Can Stay On Top Of Its Debt

May 05
We Think CTS (NYSE:CTS) Can Stay On Top Of Its Debt

Returns At CTS (NYSE:CTS) Appear To Be Weighed Down

Feb 07
Returns At CTS (NYSE:CTS) Appear To Be Weighed Down

What You Can Learn From CTS Corporation's (NYSE:CTS) P/E

Jan 15
What You Can Learn From CTS Corporation's (NYSE:CTS) P/E

Does CTS (NYSE:CTS) Deserve A Spot On Your Watchlist?

Dec 28
Does CTS (NYSE:CTS) Deserve A Spot On Your Watchlist?

Is CTS (NYSE:CTS) A Risky Investment?

Dec 12
Is CTS (NYSE:CTS) A Risky Investment?

A Look At The Fair Value Of CTS Corporation (NYSE:CTS)

Oct 30
A Look At The Fair Value Of CTS Corporation (NYSE:CTS)

Slowing Rates Of Return At CTS (NYSE:CTS) Leave Little Room For Excitement

Oct 15
Slowing Rates Of Return At CTS (NYSE:CTS) Leave Little Room For Excitement

We Think CTS (NYSE:CTS) Can Stay On Top Of Its Debt

Sep 06
We Think CTS (NYSE:CTS) Can Stay On Top Of Its Debt

CTS Corporation: No Longer Rolling

Aug 01

A Look At The Fair Value Of CTS Corporation (NYSE:CTS)

Jul 08
A Look At The Fair Value Of CTS Corporation (NYSE:CTS)

Is CTS (NYSE:CTS) Using Too Much Debt?

May 23
Is CTS (NYSE:CTS) Using Too Much Debt?

CTS (NYSE:CTS) Has More To Do To Multiply In Value Going Forward

May 02
CTS (NYSE:CTS) Has More To Do To Multiply In Value Going Forward

Is CTS Corporation (NYSE:CTS) Worth US$46.1 Based On Its Intrinsic Value?

Mar 21
Is CTS Corporation (NYSE:CTS) Worth US$46.1 Based On Its Intrinsic Value?

CTS Corporation Non-GAAP EPS of $0.56 misses by $0.01, revenue of $142.28M misses by $6.28M, initiates FY23 guidance

Feb 07

CTS (NYSE:CTS) Has A Pretty Healthy Balance Sheet

Feb 04
CTS (NYSE:CTS) Has A Pretty Healthy Balance Sheet

CTS Corporation declares $0.04 dividend

Nov 11

Is CTS Corporation (NYSE:CTS) Worth US$36.2 Based On Its Intrinsic Value?

Oct 27
Is CTS Corporation (NYSE:CTS) Worth US$36.2 Based On Its Intrinsic Value?

CTS Corporation Non-GAAP EPS of $0.62 misses by $0.02, revenue of $151.9M beats by $2.58M, updates FY revenue guidance

Oct 26

These 4 Measures Indicate That CTS (NYSE:CTS) Is Using Debt Safely

Oct 05
These 4 Measures Indicate That CTS (NYSE:CTS) Is Using Debt Safely

CTS Corporation declares $0.04 dividend

Aug 31

At US$42.78, Is It Time To Put CTS Corporation (NYSE:CTS) On Your Watch List?

Aug 17
At US$42.78, Is It Time To Put CTS Corporation (NYSE:CTS) On Your Watch List?

CTS Corporation Non-GAAP EPS of $0.62 in-line, revenue of $145M misses by $1.18M

Jul 26

CTS completes acquisition of Ferroperm Piezoceramics from Meggitt

Jun 30

Shareholder Returns

CTSUS ElectronicUS Market
7D-6.2%-4.3%-3.5%
1Y25.4%17.5%22.1%

Return vs Industry: CTS exceeded the US Electronic industry which returned 19.4% over the past year.

Return vs Market: CTS exceeded the US Market which returned 24% over the past year.

Price Volatility

Is CTS's price volatile compared to industry and market?
CTS volatility
CTS Average Weekly Movement5.1%
Electronic Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: CTS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CTS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18964,081Kieran O'Sullivanwww.ctscorp.com

CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides encoders, rotary position sensors, slide potentiometers, industrial and commercial rotary potentiometers. It also provides non-contacting, and contacting pedals; and eBrake pedals.

CTS Corporation Fundamentals Summary

How do CTS's earnings and revenue compare to its market cap?
CTS fundamental statistics
Market capUS$1.59b
Earnings (TTM)US$59.83m
Revenue (TTM)US$513.03m

26.6x

P/E Ratio

3.1x

P/S Ratio

Is CTS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CTS income statement (TTM)
RevenueUS$513.03m
Cost of RevenueUS$329.72m
Gross ProfitUS$183.31m
Other ExpensesUS$123.49m
EarningsUS$59.83m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.99
Gross Margin35.73%
Net Profit Margin11.66%
Debt/Equity Ratio19.9%

How did CTS perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

8%

Payout Ratio

Does CTS pay a reliable dividends?

See CTS dividend history and benchmarks
When do you need to buy CTS by to receive an upcoming dividend?
CTS dividend dates
Ex Dividend DateDec 27 2024
Dividend Pay DateJan 31 2025
Days until Ex dividend7 days
Days until Dividend pay date42 days

Does CTS pay a reliable dividends?

See CTS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 05:27
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CTS Corporation is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary PrestopinoBarrington Research Associates, Inc.
Herve FrancoisB. Riley Securities, Inc.
Lawrence SolowCJS Securities, Inc.