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CTS

CTS - CTS Corp Stock Price, Fair Value and News

51.62USD-0.62 (-1.19%)Market Closed

Market Summary

CTS
USD51.62-0.62
Market Closed
-1.19%

CTS Alerts

  • 1 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

CTS Stock Price

View Fullscreen

CTS RSI Chart

CTS Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

29.6

Price/Sales (Trailing)

2.98

EV/EBITDA

14.35

Price/Free Cashflow

16.45

CTS Price/Sales (Trailing)

CTS Profitability

EBT Margin

12.47%

Return on Equity

10.23%

Return on Assets

7.27%

Free Cashflow Yield

6.08%

CTS Fundamentals

CTS Revenue

Revenue (TTM)

530.2M

Rev. Growth (Yr)

-13.87%

Rev. Growth (Qtr)

0.85%

CTS Earnings

Earnings (TTM)

53.3M

Earnings Growth (Yr)

-39.39%

Earnings Growth (Qtr)

-27.42%

Breaking Down CTS Revenue

Last 7 days

-4.5%

Last 30 days

1.6%

Last 90 days

17.1%

Trailing 12 Months

10.9%

How does CTS drawdown profile look like?

CTS Financial Health

Current Ratio

3.32

CTS Investor Care

Dividend Yield

0.31%

Dividend/Share (TTM)

0.16

Buy Backs (1Y)

3.08%

Diluted EPS (TTM)

1.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024530.2M000
2023585.2M585.4M568.0M550.4M
2022532.2M547.6M577.1M586.9M
2021449.4M494.8M503.4M512.9M
2020454.4M418.0M416.1M424.1M
2019474.6M477.2M474.0M469.0M
2018436.4M448.7M461.3M470.5M
2017400.1M407.1M413.7M423.0M
2016380.7M379.3M388.4M396.7M
2015401.6M398.7M389.4M382.3M
2014412.1M409.7M406.0M404.0M
2013326.1M354.7M382.8M409.5M
2012513.4M443.3M372.8M304.5M
2011574.8M582.8M589.5M588.5M
20100516.9M534.8M552.6M
2009000499.0M
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Tracking the Latest Insider Buys and Sells of CTS Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 24, 2024
baumeister martin
sold
-300,352
52.39
-5,733
senior vice president
May 08, 2024
trivedi pratik
acquired
-
-
6,056
senior vice president
May 01, 2024
o'sullivan kieran m
sold
-1,314,630
47.1109
-27,905
president & ceo
May 01, 2024
agrawal ashish
sold
-211,411
47.0325
-4,495
cfo
Apr 30, 2024
agrawal ashish
sold
-75,209
47.0056
-1,600
cfo
Apr 30, 2024
o'sullivan kieran m
sold
-459,396
47.0163
-9,771
president & ceo

1–10 of 50

Which funds bought or sold CTS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
31,000
483,000
-%
May 24, 2024
Cetera Investment Advisers
added
15.00
84,777
453,068
-%
May 16, 2024
COMERICA BANK
reduced
-7.5
-7,842
742,036
-%
May 16, 2024
Beacon Capital Management, LLC
sold off
-100
-421
-
-%
May 16, 2024
JANE STREET GROUP, LLC
sold off
-100
-1,011,790
-
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.95
8,450
1,391,820
-%
May 15, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-63.74
-1,767,000
1,119,000
-%
May 15, 2024
TWO SIGMA ADVISERS, LP
reduced
-5.33
4,159
332,209
-%
May 15, 2024
STATE STREET CORP
added
1.97
4,610,100
55,402,200
-%
May 15, 2024
BARCLAYS PLC
reduced
-44.44
-1,031,000
1,513,000
-%

1–10 of 48

Are Funds Buying or Selling CTS?

Are funds buying CTS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CTS
No. of Funds

Unveiling CTS Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
7.0%
2,168,604
SC 13G/A
Feb 13, 2024
earnest partners llc
5.5%
1,720,359
SC 13G/A
Feb 13, 2024
vanguard group inc
8.90%
2,772,099
SC 13G/A
Jan 22, 2024
blackrock inc.
15.9%
4,954,966
SC 13G/A
Apr 03, 2023
gamco investors, inc. et al
1.80%
568,050
SC 13D/A
Feb 14, 2023
t. rowe price investment management, inc.
10.4%
3,331,200
SC 13G/A
Feb 14, 2023
earnest partners llc
5.6%
1,795,869
SC 13G
Feb 14, 2023
price t rowe associates inc /md/
0.2%
56,226
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
0.2%
56,226
SC 13G/A
Feb 09, 2023
vanguard group inc
7.24%
2,307,608
SC 13G/A

Recent SEC filings of CTS Corp

View All Filings
Date Filed Form Type Document
May 31, 2024
SD
SD
May 28, 2024
4
Insider Trading
May 13, 2024
8-K
Current Report
May 09, 2024
3
Insider Trading
May 09, 2024
4
Insider Trading
May 01, 2024
10-Q
Quarterly Report
May 01, 2024
144
Notice of Insider Sale Intent
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
May 01, 2024
8-K
Current Report

Peers (Alternatives to CTS Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.3T
381.6B
14.38% 16.23%
32.71
8.6
-0.90% 6.43%
41.4B
12.8B
-45.98% -15.01%
20.34
3.23
1.52% 6.35%
32.6B
12.4B
10.91% 15.25%
52.18
2.63
-9.51% -31.36%
25.7B
6.1B
-3.88% 5.89%
28.55
4.19
3.71% 17.79%
12.9B
26.4B
11.94% 20.14%
12.79
0.49
-7.32% 26.86%
MID-CAP
7.6B
847.2M
-5.55% -22.01%
76.23
8.97
-8.39% -42.67%
7.0B
31.3B
3.81% -2.84%
9.86
0.22
-14.93% -46.55%
5.5B
740.8M
-2.62% 24.39%
54
7.46
25.07% 42.99%
4.8B
24.7B
2.26% 11.21%
8.46
0.2
-6.09% -33.76%
2.8B
988.8M
3.03% 9.73%
28.2
2.8
8.64% 13.26%
SMALL-CAP
1.7B
2.8B
-0.29% 40.53%
20.44
0.61
-10.09% 0.74%
1.5B
2.8B
2.92% 63.69%
22.47
0.53
-4.25% -5.27%
223.6M
986.2M
-4.82% -63.00%
-0.62
0.23
-6.21% -5303.34%
25.0M
26.4M
-2.30% -41.98%
32.52
0.95
-2.48% -64.63%
22.4M
56.7M
15.79% 54.69%
-3.8
0.59
-41.04% -726.48%

CTS Corp News

Latest updates
Defense World11 Jun 202412:45 pm
Simply Wall St30 May 202407:00 am
GlobeNewswire09 May 202407:00 am
The Motley Fool4 months ago

CTS Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.8%12612513514514614215214514813312213012812311484.00103115116121118
Gross Profit7.2%45.0042.0046.0051.0052.0051.0053.0052.0054.0049.0046.0048.0043.0043.0037.0027.0033.0039.0037.0041.0041.00
  S&GA Expenses14.3%22.0019.0019.0024.0022.0023.0024.0022.0022.0023.0020.0021.0018.0019.0017.0015.0017.0018.0018.0017.0018.00
  R&D Expenses24.8%7.005.006.007.007.005.006.006.006.006.006.006.006.006.006.006.007.006.007.006.007.00
EBITDA Margin-4.4%0.19*0.19*0.20*0.19*0.19*0.19*0.18*-0.01*-0.04*-0.06*-0.05*0.16*---------
Interest Expenses-2.6%1.001.001.001.001.001.000.001.001.001.001.001.001.001.001.001.001.001.001.000.000.00
Income Taxes10.1%3.002.005.003.004.006.006.004.006.006.00-25.92-1.483.004.003.001.002.003.004.004.003.00
Earnings Before Taxes-22.5%14.0018.0019.0016.0023.0021.0017.0017.0026.0015.00-89.82-0.6015.0019.0014.006.006.0013.007.0016.0014.00
EBT Margin-8.7%0.12*0.14*0.14*0.13*0.13*0.14*0.13*-0.06*-0.09*-0.12*-0.11*0.10*---------
Net Income-27.4%11.0015.0014.0013.0018.0015.0012.0013.0020.009.00-63.901.0012.0015.0011.005.004.0010.003.0012.0011.00
Net Income Margin-8.6%0.10*0.11*0.11*0.10*0.10*0.10*0.09*-0.04*-0.06*-0.08*-0.07*0.08*---------
Free Cashflow-42.9%18.0032.0022.0023.0011.0025.0060.0016.0019.0026.0021.0019.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.1%733741754756747748735730685664652647635626656663685643648581574
  Current Assets-0.4%318319334330323326326279292289277263247233264265283237245250242
    Cash Equivalents-0.9%16216416015114415714899.0012614112911710392.00132146151100101106101
  Inventory-3.7%58.0060.0065.0063.0063.0062.0063.0064.0052.0050.0051.0049.0048.0046.0041.0044.0046.0042.0045.0043.0043.00
  Net PPE-1.0%92.0093.0093.0095.0096.0097.0096.0010097.0097.0093.0093.0095.0097.0098.0099.0010210510310099.00
  Goodwill-0.8%15615815415615615213932.0011811011011010910910610610610610871.0071.00
Liabilities-1.3%212214231235233242244244205201195193199202242262288238253185187
  Current Liabilities-1.1%96.0097.0010310710611312211511511410510210710595.0078.0093.0097.0010196.0098.00
Shareholder's Equity-1.1%521527523521514506491486480464457454436424414401397405395396387
  Retained Earnings1.6%612602588575564547533523511492484550550539526516512510501500489
  Additional Paid-In Capital-10.3%40.0045.0045.0043.0042.0046.0045.0043.0041.0043.0041.0040.0040.0042.0041.0040.0040.0044.0043.0042.0040.00
Accumulated Depreciation1.2%247244-------------------
Shares Outstanding-2.0%31.0031.0031.0031.0032.0032.0032.0032.0032.0032.0032.0032.00---------
Float----1,338---1,069---1,186---637---890-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-42.9%18,31132,06922,13523,42111,18625,45860,38716,06619,28626,02421,33218,67520,11027,48625,57311,79711,92723,67016,55114,5919,593
Cashflow From Investing-15.2%-4,035-3,502-2,749-3,950-7,896-5,400-2,269-75,635-27,884-7,501-4,170-2,587-1,638-12,726-3,196-2,675-4,570-6,752-79,442-4,034-5,274
Cashflow From Financing36.0%-16,308-25,462-9,970-13,342-16,625-11,287-8,76917,6206,772-5,301-6,396-1,722-7,293-54,054-36,298-13,97542,994-18,00958,332-5,468-4,796
  Dividend Payments-1.2%1,2331,2481,2571,2631,2721,2761,2791,2871,2891,2911,2971,2941,2911,2911,2901,2991,2991,3041,3091,3151,310
  Buy Backs-20.5%11,95815,0368,3288,7608,8028,0011,7787,7483,9203,847-----2,7765,3043,7013,0434,153849
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CTS Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net sales$ 125,750$ 145,994
Cost of goods sold80,66094,342
Gross margin45,09051,652
Selling, general and administrative expenses22,26021,979
Research and development expenses6,6016,586
Restructuring charges1,693912
Operating earnings14,53622,175
Other income (expense):  
Interest expense(801)(694)
Interest income1,3861,063
Other (expense) income, net(1,463)165
Total other (expense) income, net(878)534
Earnings before income taxes13,65822,709
Income tax expense2,5394,365
Net earnings$ 11,119$ 18,344
Earnings per share:  
Basic$ 0.36$ 0.58
Diluted$ 0.36$ 0.58
Basic weighted – average common shares outstanding:30,74231,634
Effect of dilutive securities252259
Diluted weighted – average common shares outstanding:30,99431,893
Cash dividends declared per share$ 0.04$ 0.04

CTS Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and cash equivalents$ 162,425$ 163,876
Accounts receivable, net80,66378,569
Inventories, net57,78460,031
Other current assets17,34616,873
Total current assets318,218319,349
Property, plant and equipment, net91,62692,592
Operating lease assets, net25,29026,425
Other Assets  
Goodwill156,330157,638
Other intangible assets, net99,949103,957
Deferred income taxes25,56325,183
Other15,86416,023
Total other assets297,706302,801
Total Assets732,840741,167
Current Liabilities  
Accounts payable45,60943,499
Operating lease obligations4,3994,394
Accrued payroll and benefits13,36314,585
Accrued expenses and other liabilities32,57734,561
Total current liabilities95,94897,039
Long-term debt67,50067,500
Long-term operating lease obligations23,82424,965
Long-term pension obligations4,6154,655
Deferred income taxes14,42314,729
Other long-term obligations5,2455,457
Total Liabilities211,555214,345
Commitments and Contingencies (Note 11)
Shareholders’ Equity  
Common stock321,858319,269
Additional contributed capital40,44045,097
Retained earnings612,124602,232
Accumulated other comprehensive income (loss)2,9384,264
Total shareholders’ equity before treasury stock977,360970,862
Treasury stock(456,075)(444,040)
Total shareholders’ equity521,285526,822
Total Liabilities and Shareholders’ Equity$ 732,840$ 741,167
CTS
CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. In addition, the company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
 CEO
 WEBSITEctscorp.com
 INDUSTRYConsumer Electronics
 EMPLOYEES4209

CTS Corp Frequently Asked Questions


What is the ticker symbol for CTS Corp? What does CTS stand for in stocks?

CTS is the stock ticker symbol of CTS Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CTS Corp (CTS)?

As of Wed Jun 12 2024, market cap of CTS Corp is 1.6 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CTS stock?

You can check CTS's fair value in chart for subscribers.

What is the fair value of CTS stock?

You can check CTS's fair value in chart for subscribers. The fair value of CTS Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CTS Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CTS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CTS Corp a good stock to buy?

The fair value guage provides a quick view whether CTS is over valued or under valued. Whether CTS Corp is cheap or expensive depends on the assumptions which impact CTS Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CTS.

What is CTS Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, CTS's PE ratio (Price to Earnings) is 29.96 and Price to Sales (PS) ratio is 3.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CTS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CTS Corp's stock?

In the past 10 years, CTS Corp has provided 0.117 (multiply by 100 for percentage) rate of return.