Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
CTS Corp (NYSE: CTS) closed the day trading at $40.44 down -0.66% from the previous closing price of $40.71. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 0.54 million shares were traded. CTS stock price reached its highest trading level at $41.455 during the session, while it also had its lowest trading level at $40.08.
Ratios:
For a better understanding of CTS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.59. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 2.63. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on February 07, 2024, Reiterated its Market Perform rating but revised its target price to $46 from $38 previously.
On February 07, 2024, Sidoti Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $46.
On November 22, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $44.Jefferies initiated its Hold rating on November 22, 2022, with a $44 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 06 ’24 when O’SULLIVAN KIERAN M sold 8,494 shares for $54.50 per share. The transaction valued at 462,903 led to the insider holds 382,333 shares of the business.
O’SULLIVAN KIERAN M sold 6,690 shares of CTS for $373,483 on Dec 09 ’24. The President & CEO now owns 375,643 shares after completing the transaction at $55.83 per share. On Dec 04 ’24, another insider, O’SULLIVAN KIERAN M, who serves as the President & CEO of the company, sold 12,794 shares for $55.50 each. As a result, the insider received 710,030 and left with 400,456 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTS now has a Market Capitalization of 1213737856 and an Enterprise Value of 1228310656. As of this moment, CTS’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.44, and their Forward P/E ratio for the next fiscal year is 16.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 2.381 whereas that against EBITDA is 11.192.
Stock Price History:
The Beta on a monthly basis for CTS is 0.82, which has changed by -0.22110939 over the last 52 weeks, in comparison to a change of 0.17774606 over the same period for the S&P500. Over the past 52 weeks, CTS has reached a high of $59.68, while it has fallen to a 52-week low of $34.02. The 50-Day Moving Average of the stock is -3.85%, while the 200-Day Moving Average is calculated to be -12.51%.
Shares Statistics:
Over the past 3-months, CTS traded about 183.69K shares per day on average, while over the past 10 days, CTS traded about 276680 shares per day. A total of 29.96M shares are outstanding, with a floating share count of 29.02M. Insiders hold about 2.74% of the company’s shares, while institutions hold 97.06% stake in the company. Shares short for CTS as of 1751241600 were 374247 with a Short Ratio of 2.04, compared to 1748563200 on 464721. Therefore, it implies a Short% of Shares Outstanding of 374247 and a Short% of Float of 1.52.
Dividends & Splits
CTS’s forward annual dividend rate is 0.16, up from 0.16 a year ago. Against a Trailing Annual Dividend Yield of 0.003930238The stock’s 5-year Average Dividend Yield is 0.42. The current Payout Ratio is 8.46% for CTS, which recently paid a dividend on 2025-06-27 with an ex-dividend date of 2025-06-27. Stock splits for the company last occurred on 1999-08-13 when the company split stock in a 2:1 ratio.
Earnings Estimates
The market rating for CTS Corp (CTS) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.61, with high estimates of $0.61 and low estimates of $0.61.
Analysts are recommending an EPS of between $2.2 and $2.2 for the fiscal current year, implying an average EPS of $2.2. EPS for the following year is $2.41, with 1.0 analysts recommending between $2.41 and $2.41.
Revenue Estimates
1 analysts predict $132.65M in revenue for the current quarter. It ranges from a high estimate of $132.65M to a low estimate of $132.65M. As of the current estimate, CTS Corp’s year-ago sales were $130.16MFor the next quarter, 1 analysts are estimating revenue of $136.4M. There is a high estimate of $136.4M for the next quarter, whereas the lowest estimate is $136.4M.
A total of 1 analysts have provided revenue estimates for CTS’s current fiscal year. The highest revenue estimate was $533.19M, while the lowest revenue estimate was $533.19M, resulting in an average revenue estimate of $533.19M. In the same quarter a year ago, actual revenue was $515.77MBased on 1 analysts’ estimates, the company’s revenue will be $570.52M in the next fiscal year. The high estimate is $570.52M and the low estimate is $570.52M.
