
CTS Corporation (NYSE:CTS – Free Report) – Equities research analysts at Sidoti Csr cut their FY2025 earnings estimates for CTS in a research report issued to clients and investors on Wednesday, October 29th. Sidoti Csr analyst J. Franzreb now anticipates that the electronics maker will earn $2.21 per share for the year, down from their previous forecast of $2.24. The consensus estimate for CTS’s current full-year earnings is $2.28 per share. Sidoti Csr also issued estimates for CTS’s Q4 2025 earnings at $0.60 EPS, Q1 2026 earnings at $0.52 EPS, Q2 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.65 EPS, FY2026 earnings at $2.40 EPS, Q1 2027 earnings at $0.59 EPS, Q2 2027 earnings at $0.69 EPS, Q3 2027 earnings at $0.68 EPS and FY2027 earnings at $2.60 EPS.
A number of other research firms have also commented on CTS. Wall Street Zen lowered shares of CTS from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CTS in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, CTS presently has an average rating of “Hold”.
CTS Price Performance
CTS stock opened at $41.52 on Friday. The company has a current ratio of 2.64, a quick ratio of 2.04 and a debt-to-equity ratio of 0.17. CTS has a one year low of $34.02 and a one year high of $59.68. The firm has a market capitalization of $1.22 billion, a PE ratio of 21.07, a P/E/G ratio of 1.15 and a beta of 0.84. The firm has a 50-day moving average of $40.91 and a two-hundred day moving average of $41.00.
CTS (NYSE:CTS – Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The electronics maker reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.01). CTS had a net margin of 11.14% and a return on equity of 11.92%. The business had revenue of $142.97 million during the quarter, compared to analyst estimates of $136.40 million. CTS has set its FY 2025 guidance at 2.200-2.250 EPS.
Institutional Investors Weigh In On CTS
A number of large investors have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. boosted its position in shares of CTS by 17.3% in the first quarter. Pacer Advisors Inc. now owns 2,863 shares of the electronics maker’s stock valued at $119,000 after acquiring an additional 422 shares during the period. Aristides Capital LLC boosted its position in shares of CTS by 7.8% in the first quarter. Aristides Capital LLC now owns 6,255 shares of the electronics maker’s stock valued at $260,000 after acquiring an additional 450 shares during the period. Russell Investments Group Ltd. boosted its position in shares of CTS by 2.6% in the first quarter. Russell Investments Group Ltd. now owns 21,199 shares of the electronics maker’s stock valued at $881,000 after acquiring an additional 544 shares during the period. GAMMA Investing LLC boosted its position in shares of CTS by 81.3% in the first quarter. GAMMA Investing LLC now owns 1,273 shares of the electronics maker’s stock valued at $53,000 after acquiring an additional 571 shares during the period. Finally, Royal Bank of Canada boosted its position in shares of CTS by 11.2% in the first quarter. Royal Bank of Canada now owns 7,036 shares of the electronics maker’s stock valued at $292,000 after acquiring an additional 710 shares during the period. Institutional investors own 96.87% of the company’s stock.
CTS Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, October 24th. Shareholders of record on Friday, September 26th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. CTS’s dividend payout ratio is presently 8.12%.
About CTS
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.
Read More
- Five stocks we like better than CTS
- What Investors Need to Know to Beat the Market
- Amazon Earnings: 3 Catalysts That Could Drive Shares to $300
- Using the MarketBeat Dividend Yield Calculator
- Why Chipotle Stock May Bounce After a Brutal Sell-Off
- What Do S&P 500 Stocks Tell Investors About the Market?
- Why VGT May Be a Smarter Bet Than Chasing Individual Tech Stocks
Receive News & Ratings for CTS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CTS and related companies with MarketBeat.com's FREE daily email newsletter.
