Reported Earnings • Jul 28
Second quarter 2026 earnings released: EPS: US$0.67 (vs US$0.62 in 2Q 2025) Second quarter 2026 results: EPS: US$0.67 (up from US$0.62 in 2Q 2025). Revenue: US$144.8m (up 7.0% from 2Q 2025). Net income: US$19.2m (up 3.4% from 2Q 2025). Profit margin: 13% (in line with 2Q 2025). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year. Duyuru • Jul 28
CTS Corporation Increases Earnings Guidance for 2026 CTS Corporation increased earnings guidance for 2026. Assuming the continuation of current market conditions, CTS is increasing its previous guidance of 2026 sales from a range of $560 million-$580 million to $565 million-$585 million. Duyuru • Jul 15
CTS Corporation to Report Q2, 2026 Results on Jul 28, 2026 CTS Corporation announced that they will report Q2, 2026 results at 8:00 AM, US Eastern Standard Time on Jul 28, 2026 Duyuru • Jun 17
CTS Corporation Introduces TSX Crystal With Integrated Thermistor CTS Corporation announced the launch of the TSX Crystal with Integrated Thermistor, a significant expansion of the CTS crystal resonator portfolio and the company’s first crystal product to incorporate a thermistor within the package. The TSX series is designed to provide real-time temperature feedback with excellent thermal coupling to the crystal element, enabling more accurate frequency compensation across a wide operating temperature range. By integrating the thermistor directly into the crystal package, CTS offers designers a compact and efficient solution that improves temperature tracking while minimizing board-level complexity. Key features and benefits include integrated thermistor with excellent crystal thermal coupling for accurate temperature sensing, real-time temperature feedback to support active frequency compensation, compact, space-saving SMD packages: 2520, 2016, and 1612, hermetically sealed, seam-weld ceramic package for high reliability, RoHS compliant and Pb-free, and load capacitance options from 6pF to Series. The TSX crystal series supports frequencies from 16 MHz to 285 MHz with frequency tolerance options of ±10 ppm to ±20 ppm and frequency stability options ranging from ±10 ppm to ±50 ppm over temperature. These characteristics make the TSX well suited for applications requiring a combination of miniaturization, reliable thermal sensing, and stable frequency performance. The close physical integration of the thermistor and crystal enables fast thermal response and improved correlation between temperature measurement and crystal behavior—an advantage for systems that implement temperature-based frequency compensation. The TSX crystal with thermistor is designed to support a wide range of applications, including telecommunications – base stations and mobile devices, consumer electronics – smartphones and wearable devices, automotive – infotainment systems and electronic control units (ECUs), industrial instrumentation, medical devices, network synchronization, routers and switches. Declared Dividend • May 20
First quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 26th June 2026 Payment date: 24th July 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 5%. Duyuru • May 16
CTS Corporation Declares A Dividend, Payable on July 24, 2026 The Board of Directors of CTS Corporation has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on July 24, 2026, to shareholders of record at the close of business on June 26, 2026. Duyuru • May 01
CTS Corporation Revises Earnings Guidance for 2026 CTS Corporation revised earnings guidance for 2026. Assuming the continuation of current market conditions, CTS is narrowing its previous guidance of 2026 sales from a range of $550 million to $580 million to $560 million to $580 million. Duyuru • Apr 14
CTS Corporation to Report Q1, 2026 Results on Apr 29, 2026 CTS Corporation announced that they will report Q1, 2026 results at 8:00 AM, US Eastern Standard Time on Apr 29, 2026 Duyuru • Apr 03
CTS Corporation, Annual General Meeting, May 14, 2026 CTS Corporation, Annual General Meeting, May 14, 2026. Location: hotel arista, 2139 city gate lane, cyprus room, 12 floor, ilinois 60563, napervile United States Duyuru • Feb 13
CTS Corporation Declares Cash Dividend, Payable on April 24, 2026 The Board of Directors of CTS Corporation has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on April 24, 2026, to shareholders of record at the close of business on March 27, 2025. Duyuru • Feb 10
CTS Corporation Provides Earnings Guidance for the Full Year 2026 CTS Corporation provided earnings guidance for the full year 2026. The company expects full-year 2026 sales to be in the range of $550 million-$580 million. Duyuru • Jan 29
CTS Corporation to Report Q4, 2025 Results on Feb 10, 2026 CTS Corporation announced that they will report Q4, 2025 results at 8:00 AM, US Eastern Standard Time on Feb 10, 2026 Duyuru • Nov 27
CTS Corporation Announces Executive Changes On November 21, 2025, Martin Baumeister gave notice of his resignation from his position as Senior Vice President of CTS Corporation (“CTS”) effective as of the close of business on December 5, 2025. Mr. Baumeister’s resignation was a personal decision to pursue another opportunity outside of CTS and was not the result of any disagreement with CTS. Pratik Trivedi, Senior Vice President, has been appointed Chief Operating Officer (“COO”) of CTS effective December 5, 2025. Mr. Trivedi, age 46, joined CTS in April 2024. Immediately prior to joining CTS, Mr. Trivedi served as Vice President, North America for the mobility business of Eaton Corporation plc, since 2017. Prior to that role, Mr. Trivedi served in several key roles with Cummins Inc. Duyuru • Nov 07
CTS Corporation Declares Cash Dividend, Payable on January 23, 2026 The Board of Directors of CTS Corporation has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on January 23, 2026, to shareholders of record at the close of business on December 26, 2025. Duyuru • Nov 06
CTS Corporation Appoints Kimberly Banks Mackay to Its Board of Directors and the Nominating, Governance and Sustainability Committee, Technology and Transactions Committee, Effective November 5, 2025 CTS Corporation announced that Kimberly Banks MacKay has been appointed to its Board of Directors, effective November 5, 2025, and that she will serve as a member of the Nominating, Governance and Sustainability Committee, as well as the Technology and Transactions Committee. Ms. MacKay comes to CTS with over 30 years of experience driving results in multi-national companies serving key end markets. Ms. MacKay currently serves as SVP, General Counsel and Corporate Secretary of West Pharmaceutical Services Inc. Ms. MacKay is also a member of the Board of the Community Foundation of New Jersey, and the Compliance, Audit and Risk Committee for BAYADA Home Health Care. Duyuru • Oct 28
CTS Corporation Narrows Earnings Guidance for the Year 2025 CTS Corporation narrowed earnings guidance for the year 2025. For the year, the company is narrowing its guidance of sales in the range of $535 million-$545 million. Duyuru • Oct 16
CTS Corporation to Report Q3, 2025 Results on Oct 28, 2025 CTS Corporation announced that they will report Q3, 2025 results at 8:00 AM, US Eastern Standard Time on Oct 28, 2025 Duyuru • Sep 23
CTS Corporation Unveils COBROS: A Breakthrough in Electric Motor Control Technology CTS Corporation announced the launch of COBROS, a revolutionary new platform for electric motor control. Developed over seven years of intensive research and development, COBROS introduces a fundamentally new approach to motor control by using real-time, in-situ magnetic field sensing. Traditionally, vector-controlled motors rely on indirect measurements to estimate the magnetic state inside the motor. These methods typically involve separate sensors for rotor position, such as encoders or resolvers, and current sensors like shunt resistors or Hall-effect devices. While effective, these components add cost, complexity, and introduce limitations in accuracy and system integration. COBROS offers a new solution. Instead of estimating the magnetic state through external signals, COBROS directly measures the magnetic fields (B-fields) inside the motor, both for the stator and the rotor fields. A custom PCB sensor is embedded inside the motor, similar in form to a standard inductive position sensor, but can capture the full magnetic field data in real time. This eliminates the need for three discrete current sensors and a position sensor, allowing for simplified design, weight reduction and more precise control. The COBROS sensor technology is based on advanced magnetic sensing elements such as Hall and TMR (Tunnel Magnetoresistance). These combined with a new signal processing architecture, enable multidimensional decision of the motor's magnetic field. The compact, PCB-based design integrates easily into standard motor architectures, providing a seamless upgrade path for OEMs and system developers. With COBROS, CTS delivers a new standard in electric motor control. Customers benefit from improved efficiency, reduced system cost, and simplified integration; all through a smarter, more precise approach to motor sensing. Duyuru • Aug 15
CTS Corporation Declares Dividend, Payable on October 24, 2025 The Board of Directors of CTS Corporation declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on October 24, 2025, to shareholders of record at the close of business on September 26, 2025. Duyuru • Jul 24
CTS Corporation Maintains Earnings Guidance for the Year 2025 CTS Corporation maintained earnings guidance for the year 2025. For the year, assuming the continuation of current market conditions, it maintains its guidance of sales in the range of $520 million to $550 million. Duyuru • Jul 15
CTS Corporation to Report Q2, 2025 Results on Jul 24, 2025 CTS Corporation announced that they will report Q2, 2025 results at 8:00 AM, US Eastern Standard Time on Jul 24, 2025 Duyuru • Jul 02
CTS Corporation Announces the Appointment of Mark Pacioni as Chief Legal & Administrative Officer and Corporate Secretary, Effective July 1, 2025 CTS Corporation announced that Mark Pacioni has been appointed Chief Legal & Administrative Officer and Corporate Secretary, effective July 1, 2025. Prior to joining CTS, Mr. Pacioni served as Chief Legal Officer and Secretary of CareerBuilder, LLC from 2019 to 2024 and its successor company, CareerBuilder + Monster, from 2024 until June 2025. Prior thereto, he held senior legal roles at The Boeing Co., Molex Inc., and Knowles Corp. In addition to his in-house experience, Mr. Pacioni was in private practice representing public companies on transactions and governance matters and was Special Counsel at the U.S. Securities and Exchange Commission. He is a graduate of Georgetown University, Georgetown University Law School, and the London School of Economics. Duyuru • May 13
CTS Corporation Declares Cash Dividend, Payable on July 25, 2025 The Board of Directors of CTS Corporation declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on July 25, 2025, to shareholders of record at the close of business on June 27, 2025. Duyuru • Apr 30
CTS Corporation Maintains Earnings Guidance for the Full Year 2025 CTS Corporation maintained earnings guidance for the full year 2025. For the year, the company is maintaining sales in the range of $520-$550 million. Duyuru • Apr 22
CTS Corporation to Report Q1, 2025 Results on Apr 30, 2025 CTS Corporation announced that they will report Q1, 2025 results at 8:00 AM, US Eastern Standard Time on Apr 30, 2025 Duyuru • Mar 31
CTS Corporation, Annual General Meeting, May 08, 2025 CTS Corporation, Annual General Meeting, May 08, 2025. Location: hotel arista, 2139 city gate lane, illinois 60563, naperville United States Duyuru • Feb 09
CTS Corporation Declares Cash Dividend, Payable on April 25, 2025 The Board of Directors of CTS Corporation has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on April 25, 2025, to shareholders of record at the close of business on March 28, 2025. Duyuru • Jan 21
CTS Corporation to Report Q4, 2024 Results on Feb 04, 2025 CTS Corporation announced that they will report Q4, 2024 results at 8:00 AM, US Eastern Standard Time on Feb 04, 2025 Declared Dividend • Nov 11
Third quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 27th December 2024 Payment date: 31st January 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 5%. Duyuru • Nov 08
CTS Corporation Declares Cash Dividend, Payable on January 31, 2025 The Board of Directors of CTS Corporation has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on January 31, 2025, to shareholders of record at the close of business on December 27, 2024. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €54.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 72% over the past three years. Duyuru • Oct 30
CTS Corporation Updates Earnings Guidance for Full Year 2024 CTS Corporation announced that the company is updating its guidance for full year 2024 sales to be in the range of $515 million - $525 million compared to the prior range of $525 million - $540 million. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: US$0.62 (vs US$0.45 in 3Q 2023) Third quarter 2024 results: EPS: US$0.62 (up from US$0.45 in 3Q 2023). Revenue: US$132.4m (down 1.6% from 3Q 2023). Net income: US$18.7m (up 34% from 3Q 2023). Profit margin: 14% (up from 10% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 15
CTS Corporation to Report Q3, 2024 Results on Oct 29, 2024 CTS Corporation announced that they will report Q3, 2024 results at 8:00 AM, US Eastern Standard Time on Oct 29, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 25 October 2024. Payout ratio is a comfortable 9.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%). Duyuru • Sep 11
CTS Corporation Announces Principal Accounting Officer Changes On September 4, 2024, Thomas White informed CTS Corporation (the “Company”) that he was resigning his position as principal accounting officer, effective September 18, 2024, to pursue a new professional opportunity. Mr. White’s departure from the Company is not a result of any disagreement with the Company’s independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure, or internal controls. Ashish Agrawal, the Company’s Vice President and Chief Financial Officer, will act as the Company’s principal accounting officer upon Mr. White’s resignation. Declared Dividend • Aug 19
Second quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 27th September 2024 Payment date: 25th October 2024 Dividend yield will be 0.4%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 6%. Duyuru • Aug 16
CTS Corporation Declares Cash Dividend, Payable on October 25, 2024 The Board of Directors of CTS Corporation have declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on October 25, 2024, to shareholders of record at the close of business on September 27, 2024. Duyuru • Aug 01
CTS Corporation Provides Earnings Guidance for the Full Year 2024 CTS Corporation provided earnings guidance for the full year 2024. For the year, Given the more moderate growth expectations in the second half of 2024, company is updating its guidance of sales to be in the range of $525 million to $540 million. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$0.48 (vs US$0.41 in 2Q 2023) Second quarter 2024 results: EPS: US$0.48 (up from US$0.41 in 2Q 2023). Revenue: US$130.2m (down 10% from 2Q 2023). Net income: US$14.7m (up 14% from 2Q 2023). Profit margin: 11% (up from 8.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 30
CTS Corporation (NYSE:CTS) acquired Syqwest, Inc. for approximately $130 million. CTS Corporation (NYSE:CTS) acquired Syqwest, Inc. for approximately $130 million on July 29, 2024.
CTS Corporation (NYSE:CTS) completed the acquisition of Syqwest, Inc. on July 29, 2024. Duyuru • Jul 17
CTS Corporation to Report Q2, 2024 Results on Jul 30, 2024 CTS Corporation announced that they will report Q2, 2024 results at 8:00 AM, Eastern Standard Time on Jul 30, 2024 Buy Or Sell Opportunity • Jul 11
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 5.1% to €45.60. The fair value is estimated to be €37.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 6.1% in a year. Earnings are forecast to grow by 39% in the next year. Buy Or Sell Opportunity • Jul 03
Now 18% overvalued after recent price rise Over the last 90 days, the stock has risen 9.7% to €45.40. The fair value is estimated to be €38.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 6.1% in a year. Earnings are forecast to grow by 33% in the next year. Buy Or Sell Opportunity • Jul 02
Now 17% overvalued after recent price rise Over the last 90 days, the stock has risen 9.3% to €46.80. The fair value is estimated to be €39.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 6.1% in a year. Earnings are forecast to grow by 33% in the next year. Buy Or Sell Opportunity • Jun 27
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.3% to €47.00. The fair value is estimated to be €39.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 6.1% in a year. Earnings are forecast to grow by 33% in the next year. Recent Insider Transactions • May 29
Senior Vice President recently sold €277k worth of stock On the 24th of May, Martin Baumeister sold around 6k shares on-market at roughly €48.27 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Declared Dividend • May 13
First quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 28th June 2024 Payment date: 26th July 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 6%. Duyuru • May 11
CTS Corporation Declares A Dividend, Payable on July 26, 2024 The Board of Directors of CTS Corporation has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on July 26, 2024, to shareholders of record at the close of business on June 28, 2024. Buy Or Sell Opportunity • May 03
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to €44.00. The fair value is estimated to be €36.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 5.5% in a year. Earnings are forecast to grow by 30% in the next year. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.36 (vs US$0.58 in 1Q 2023) First quarter 2024 results: EPS: US$0.36 (down from US$0.58 in 1Q 2023). Revenue: US$125.8m (down 14% from 1Q 2023). Net income: US$11.1m (down 39% from 1Q 2023). Profit margin: 8.8% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 17
CTS Corporation to Report Q1, 2024 Results on May 01, 2024 CTS Corporation announced that they will report Q1, 2024 results at 8:00 AM, US Eastern Standard Time on May 01, 2024 Upcoming Dividend • Mar 20
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 8.3% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.4%). Reported Earnings • Feb 26
Full year 2023 earnings released: EPS: US$1.93 (vs US$1.86 in FY 2022) Full year 2023 results: EPS: US$1.93 (up from US$1.86 in FY 2022). Revenue: US$550.4m (down 6.2% from FY 2022). Net income: US$60.5m (up 1.6% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 12
Fourth quarter dividend of US$0.04 announced Shareholders will receive a dividend of US$0.04. Ex-date: 27th March 2024 Payment date: 26th April 2024 Dividend yield will be 0.4%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 8%. Reported Earnings • Feb 07
Full year 2023 earnings released: EPS: US$1.93 (vs US$1.86 in FY 2022) Full year 2023 results: EPS: US$1.93 (up from US$1.86 in FY 2022). Revenue: US$550.4m (down 6.2% from FY 2022). Net income: US$60.5m (up 1.6% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 07
CTS Corporation (NYSE:CTS) announces an Equity Buyback for $100 million worth of its shares. CTS Corporation (NYSE:CTS) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its common stock. The program has no expiration date. Duyuru • Feb 06
CTS Corporation Provides Earnings Guidance for the Full Year 2024 CTS Corporation provided earnings guidance for the full year 2024. for the year, the company expects sales to be in the range of $530 million- $570 million. Duyuru • Jan 19
CTS Corporation to Report Q4, 2023 Results on Feb 06, 2024 CTS Corporation announced that they will report Q4, 2023 results at 8:00 AM, US Eastern Standard Time on Feb 06, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of US$0.04 per share at 0.4% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 26 January 2024. Payout ratio is a comfortable 8.4% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.5%). Duyuru • Nov 04
CTS Corporation Declares Dividend, Payable January 26, 2024 CTS Corporation has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on January 26, 2024, to shareholders of record at the close of business on December 29, 2023. Duyuru • Oct 29
CTS Corporation Revises Sales Guidance for the Year 2023 CTS Corporation revised sales guidance for the year 2023. For the year, the company expects sales from the range of $565 million to $585 million to $545 million to $555 million. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: US$0.45 (vs US$0.37 in 3Q 2022) Third quarter 2023 results: EPS: US$0.45 (up from US$0.37 in 3Q 2022). Revenue: US$134.6m (down 11% from 3Q 2022). Net income: US$14.0m (up 18% from 3Q 2022). Profit margin: 10% (up from 7.8% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 13
CTS Corporation to Report Q3, 2023 Results on Oct 26, 2023 CTS Corporation announced that they will report Q3, 2023 results at 8:00 AM, US Eastern Standard Time on Oct 26, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of US$0.04 per share at 0.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 8.7% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.5%). Duyuru • Aug 18
CTS Corporation Declares A Dividend, Payable on October 27, 2023 The Board of Directors of CTS Corporation has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on October 27, 2023, to shareholders of record at the close of business on September 29, 2023. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: US$0.41 (vs US$0.39 in 2Q 2022) Second quarter 2023 results: EPS: US$0.41 (up from US$0.39 in 2Q 2022). Revenue: US$145.2m (flat on 2Q 2022). Net income: US$12.9m (up 2.4% from 2Q 2022). Profit margin: 8.9% (up from 8.7% in 2Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 26
Cts Corporation Provides Revenue Guidance for 2023 CTS Corporation provided revenue guidance for 2023. CTS expects continued softness in distribution and the industrial end market for the remainder of 2023. As a result, the company now expects full-year 2023 sales to be in the range of $565 – $585 million, down from $580 – $640 million. Duyuru • Jul 12
CTS Corporation to Report Q2, 2023 Results on Jul 25, 2023 CTS Corporation announced that they will report Q2, 2023 results at 8:00 AM, Eastern Daylight on Jul 25, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of US$0.04 per share at 0.4% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.2%). Duyuru • May 12
Cts Corporation Declares A Dividend, Payable on July 28, 2023 CTS Corporation declared a cash dividend of $0.04 per share, payable July 28, 2023, to shareholders of record at the close of business on June 30, 2023. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: US$0.58 (vs US$0.63 in 1Q 2022) First quarter 2023 results: EPS: US$0.58 (down from US$0.63 in 1Q 2022). Revenue: US$146.0m (down 1.2% from 1Q 2022). Net income: US$18.3m (down 9.4% from 1Q 2022). Profit margin: 13% (down from 14% in 1Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of US$0.04 per share at 0.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 28 April 2023. Payout ratio is a comfortable 8.6% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.0%). Duyuru • Feb 13
CTS Corporation (NYSE:CTS) announces an Equity Buyback for $50 million worth of its shares. CTS Corporation (NYSE:CTS) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its common stock. The program has no expiration date. Duyuru • Feb 08
CTS Corporation Provides Revenue Guidance for 2023 CTS Corporation provided revenue guidance for 2023. CTS expects full-year 2023 sales to be in the range of $580- $640 million. Reported Earnings • Feb 08
Full year 2022 earnings released: EPS: US$1.86 (vs US$1.30 loss in FY 2021) Full year 2022 results: EPS: US$1.86 (up from US$1.30 loss in FY 2021). Revenue: US$586.9m (up 14% from FY 2021). Net income: US$59.6m (up US$101.4m from FY 2021). Profit margin: 10% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Duyuru • Jan 25
CTS Corporation to Report Q4, 2022 Results on Feb 07, 2023 CTS Corporation announced that they will report Q4, 2022 results at 8:00 AM, Eastern Daylight on Feb 07, 2023 Upcoming Dividend • Dec 01
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 08 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 9.5% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (1.0%). Duyuru • Nov 11
CTS Corporation Declares Cash Dividend, Payable January 13, 2023 The Board of Directors of CTS Corporation declared a cash dividend of $0.04 per share, payable January 13, 2023, to shareholders of record at the close of business on December 9, 2022. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 16% share price gain to €41.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Electronic industry in Germany. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.58 per share. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$0.37 (vs US$1.97 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.37 (up from US$1.97 loss in 3Q 2021). Revenue: US$151.9m (up 24% from 3Q 2021). Net income: US$11.8m (up US$75.7m from 3Q 2021). Profit margin: 7.8% (up from net loss in 3Q 2021). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Duyuru • Oct 27
CTS Corporation Revises Earnings Guidance for the Full Year 2022 CTS Corporation revised earnings guidance for the full year 2022. The company expected full year 2022 sales to be in the range of $585 to $595 million, updated from the previous guidance of $570 to $600 million. Duyuru • Oct 13
CTS Corporation to Report Q3, 2022 Results on Oct 26, 2022 CTS Corporation announced that they will report Q3, 2022 results at 8:00 AM, US Eastern Standard Time on Oct 26, 2022 Duyuru • Sep 30
Gordon Hunter Resigns from the Board of Directors of CTS Corporation Gordon Hunter resigned from the Board of Directors of CTS Corporation (the Company) on September 23, 2022. Mr.Hunters resignation was not the result of any disagreement with the Company on any matter relating to theCompanys operations, policies or practices. The Company thanks Mr. Hunter for his service and contributions tothe Company and wishes him well in future endeavors. Upcoming Dividend • Sep 22
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 04 November 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.2%). Duyuru • Sep 01
CTS Corporation Declares Cash Dividend, Payable on November 4, 2022 The Board of Directors of CTS Corporation declared a cash dividend of $0.04 per share, payable November 4, 2022, to shareholders of record at the close of business on September 30, 2022. Duyuru • Jul 27
CTS Corporation Raises Sales Guidance for the Full Year 2022 CTS Corporation raised sales guidance for the full year 2022. For the period, the company expects sales to be in the range of $570 million to $600 million compared to previous guidance of $550 million to $580 million. Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: US$0.39 (vs US$0.027 in 2Q 2021) Second quarter 2022 results: EPS: US$0.39 (up from US$0.027 in 2Q 2021). Revenue: US$145.0m (up 12% from 2Q 2021). Net income: US$12.6m (up US$11.7m from 2Q 2021). Profit margin: 8.7% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Duyuru • Jul 13
CTS Corporation to Report Q2, 2022 Results on Jul 26, 2022 CTS Corporation announced that they will report Q2, 2022 results at 8:00 AM, Eastern Daylight on Jul 26, 2022 Duyuru • Jun 26
CTS Corporation(NYSE:CTS) dropped from Russell 2000 Value Index CTS Corporation(NYSE:CTS) dropped from Russell 2000 Value Index Upcoming Dividend • Jun 09
Upcoming dividend of US$0.04 per share Eligible shareholders must have bought the stock before 16 June 2022. Payment date: 22 July 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (1.0%). Recent Insider Transactions • May 27
Independent Director recently sold €283k worth of stock On the 25th of May, Ye Li sold around 8k shares on-market at roughly €34.52 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Duyuru • May 13
CTS Corporation Declares Cash Dividend, Payable July 22, 2022 The Board of Directors of CTS Corporation declared a cash dividend of $0.04 per share, payable July 22, 2022, to shareholders of record at the close of business on June 17, 2022.