CTS - CTS Corp Stock Price, Fair Value and News

52.54USD+0.76 (+1.47%)Delayed

Market Summary

USD52.54+0.76

Delayed

1.47%

CTS Alerts

2 major insider sales recently.

Big fall in Revenue (Y/Y)
Big fall in earnings (Y/Y)

CTS Stock Price

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CTS RSI Chart

CTS Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

30.13

Price/Sales (Trailing)

3.03

EV/EBITDA

14.63

Price/Free Cashflow

16.74

CTS Price/Sales (Trailing)

CTS Profitability

EBT Margin

12.47%

Return on Equity

10.23%

Return on Assets

7.27%

Free Cashflow Yield

5.97%

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

1.8%

Last 30 days

20.0%

Last 90 days

15.3%

Trailing 12 Months

18.8%

How does CTS drawdown profile look like?

CTS Financial Health

Current Ratio

3.32

CTS Investor Care

Dividend Yield

0.3%

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

Year	Q1	Q2	Q3	Q4
2024	530.2M	0	0	0
2023	585.2M	585.4M	568.0M	550.4M
2022	532.2M	547.6M	577.1M	586.9M
2021	449.4M	494.8M	503.4M	512.9M
2020	454.4M	418.0M	416.1M	424.1M
2019	474.6M	477.2M	474.0M	469.0M
2018	436.4M	448.7M	461.3M	470.5M
2017	400.1M	407.1M	413.7M	423.0M
2016	380.7M	379.3M	388.4M	396.7M
2015	401.6M	398.7M	389.4M	382.3M
2014	412.1M	409.7M	406.0M	404.0M
2013	326.1M	354.7M	382.8M	409.5M
2012	513.4M	443.3M	372.8M	304.5M
2011	574.8M	582.8M	589.5M	588.5M
2010	0	516.9M	534.8M	552.6M
2009	0	0	0	499.0M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of CTS Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 08, 2024	trivedi pratik	acquired	-	-	6,056	senior vice president
May 01, 2024	agrawal ashish	sold	-211,411	47.0325	-4,495	cfo
May 01, 2024	o'sullivan kieran m	sold	-1,314,630	47.1109	-27,905	president & ceo
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
Apr 29, 2024	agrawal ashish	sold	-75,388	47.00	-1,604	cfo

Which funds bought or sold CTS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Beacon Capital Management, LLC	sold off	-100	-421	-	-%
May 16, 2024	COMERICA BANK	reduced	-7.5	-7,842	742,036	-%
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	Mariner, LLC	added	3.25	29,685	313,556	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	reduced	-5.33	4,159	332,209	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-92.36	-1,149,950	102,283	-%
May 15, 2024	CAPTRUST FINANCIAL ADVISORS	added	14.97	63,490	339,568	-%
May 15, 2024	BARCLAYS PLC	reduced	-44.44	-1,031,000	1,513,000	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-44.29	-6,370,480	9,394,650	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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 13, 2024	8-K	Current Report
May 09, 2024	3	Insider Trading
May 09, 2024	4	Insider Trading
May 01, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report
May 01, 2024	4	Insider Trading
May 01, 2024	4	Insider Trading
May 01, 2024	144	Notice of Insider Sale Intent
May 01, 2024	10-Q	Quarterly Report
Apr 30, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to CTS Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.9T	381.6B	13.05%	8.50%	29.01	7.63	-0.90%	6.43%
APH	79.2B	12.8B	18.32%	73.26%	38.89	6.17	1.52%	6.35%
GLW	30.3B	12.4B	14.17%	13.04%	49.07	2.45	-9.51%	-33.28%
FTV	27.2B	6.1B	-3.77%	17.13%	30.2	4.43	3.71%	17.79%
FLEX	11.8B	28.1B	4.34%	21.12%	11.7	0.42	-5.94%	26.86%
MID-CAP
CGNX	8.2B	847.2M	22.04%	-8.33%	82.44	9.7	-8.39%	-42.67%
ARW	7.0B	31.3B	7.85%	6.15%	9.82	0.22	-14.93%	-46.67%
BMI	5.8B	740.8M	28.88%	40.20%	56.51	7.8	25.07%	42.99%
AVT	4.8B	24.7B	14.45%	25.08%	8.44	0.19	-6.09%	-33.76%
ESE	2.8B	988.8M	12.19%	14.65%	28.58	2.84	8.64%	13.26%
SMALL-CAP
CNXN	1.8B	2.8B	10.03%	54.73%	21.81	0.65	-10.09%	0.74%
BHE	1.5B	2.8B	37.18%	85.46%	22.52	0.53	-4.25%	-5.27%
GPRO	246.3M	986.2M	-7.39%	-59.95%	-0.68	0.25	-6.21%	-5303.34%
CPSH	25.8M	26.4M	2.30%	-40.07%	33.65	0.98	-2.48%	-64.63%
AEY	22.4M	56.7M	-36.44%	-0.66%	-3.8	0.59	-41.04%	-726.48%

CTS Corp News

Latest updates

CTS Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.8%	126	125	135	145	146	142	152	145	148	133	122	130	128	123	114	84.00	103	115	116	121	118
Gross Profit	7.2%	45.00	42.00	46.00	51.00	52.00	51.00	53.00	52.00	54.00	49.00	46.00	48.00	43.00	43.00	37.00	27.00	33.00	39.00	37.00	41.00	41.00
S&GA Expenses	14.3%	22.00	19.00	19.00	24.00	22.00	23.00	24.00	22.00	22.00	23.00	20.00	21.00	18.00	19.00	17.00	15.00	17.00	18.00	18.00	17.00	18.00
R&D Expenses	24.8%	7.00	5.00	6.00	7.00	7.00	5.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	7.00	6.00	7.00	6.00	7.00
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%	1.00	1.00	1.00	1.00	1.00	1.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00
Income Taxes	10.1%	3.00	2.00	5.00	3.00	4.00	6.00	6.00	4.00	6.00	6.00	-25.92	-1.48	3.00	4.00	3.00	1.00	2.00	3.00	4.00	4.00	3.00
Earnings Before Taxes	-22.5%	14.00	18.00	19.00	16.00	23.00	21.00	17.00	17.00	26.00	15.00	-89.82	-0.60	15.00	19.00	14.00	6.00	6.00	13.00	7.00	16.00	14.00
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%	11.00	15.00	14.00	13.00	18.00	15.00	12.00	13.00	20.00	9.00	-63.90	1.00	12.00	15.00	11.00	5.00	4.00	10.00	3.00	12.00	11.00
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%	18.00	32.00	22.00	23.00	11.00	25.00	60.00	16.00	19.00	26.00	21.00	19.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.1%	733	741	754	756	747	748	735	730	685	664	652	647	635	626	656	663	685	643	648	581	574
Current Assets	-0.4%	318	319	334	330	323	326	326	279	292	289	277	263	247	233	264	265	283	237	245	250	242
Cash Equivalents	-0.9%	162	164	160	151	144	157	148	99.00	126	141	129	117	103	92.00	132	146	151	100	101	106	101
Inventory	-3.7%	58.00	60.00	65.00	63.00	63.00	62.00	63.00	64.00	52.00	50.00	51.00	49.00	48.00	46.00	41.00	44.00	46.00	42.00	45.00	43.00	43.00
Net PPE	-1.0%	92.00	93.00	93.00	95.00	96.00	97.00	96.00	100	97.00	97.00	93.00	93.00	95.00	97.00	98.00	99.00	102	105	103	100	99.00
Goodwill	-0.8%	156	158	154	156	156	152	139	32.00	118	110	110	110	109	109	106	106	106	106	108	71.00	71.00
Liabilities	-1.3%	212	214	231	235	233	242	244	244	205	201	195	193	199	202	242	262	288	238	253	185	187
Current Liabilities	-1.1%	96.00	97.00	103	107	106	113	122	115	115	114	105	102	107	105	95.00	78.00	93.00	97.00	101	96.00	98.00
Shareholder's Equity	-1.1%	521	527	523	521	514	506	491	486	480	464	457	454	436	424	414	401	397	405	395	396	387
Retained Earnings	1.6%	612	602	588	575	564	547	533	523	511	492	484	550	550	539	526	516	512	510	501	500	489
Additional Paid-In Capital	-10.3%	40.00	45.00	45.00	43.00	42.00	46.00	45.00	43.00	41.00	43.00	41.00	40.00	40.00	42.00	41.00	40.00	40.00	44.00	43.00	42.00	40.00
Accumulated Depreciation	1.2%	247	244	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	-2.0%	31.00	31.00	31.00	31.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,338	-	-	-	1,069	-	-	-	1,186	-	-	-	637	-	-	-	890	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-42.9%	18,311	32,069	22,135	23,421	11,186	25,458	60,387	16,066	19,286	26,024	21,332	18,675	20,110	27,486	25,573	11,797	11,927	23,670	16,551	14,591	9,593
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 Financing	36.0%	-16,308	-25,462	-9,970	-13,342	-16,625	-11,287	-8,769	17,620	6,772	-5,301	-6,396	-1,722	-7,293	-54,054	-36,298	-13,975	42,994	-18,009	58,332	-5,468	-4,796
Dividend Payments	-100.0%	-	1,248	1,257	1,263	1,272	1,276	1,279	1,287	1,289	1,291	1,297	1,294	1,291	1,291	1,290	1,299	1,299	1,304	1,309	1,315	1,310
Buy Backs	-20.5%	11,958	15,036	8,328	8,760	8,802	8,001	1,778	7,748	3,920	3,847	-	-	-	-	-	2,776	5,304	3,701	3,043	4,153	849

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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 sold	80,660	94,342
Gross margin	45,090	51,652
Selling, general and administrative expenses	22,260	21,979
Research and development expenses	6,601	6,586
Restructuring charges	1,693	912
Operating earnings	14,536	22,175
Other income (expense):
Interest expense	(801)	(694)
Interest income	1,386	1,063
Other (expense) income, net	(1,463)	165
Total other (expense) income, net	(878)	534
Earnings before income taxes	13,658	22,709
Income tax expense	2,539	4,365
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:	30,742	31,634
Effect of dilutive securities	252	259
Diluted weighted – average common shares outstanding:	30,994	31,893
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, net	80,663	78,569
Inventories, net	57,784	60,031
Other current assets	17,346	16,873
Total current assets	318,218	319,349
Property, plant and equipment, net	91,626	92,592
Operating lease assets, net	25,290	26,425
Other Assets
Goodwill	156,330	157,638
Other intangible assets, net	99,949	103,957
Deferred income taxes	25,563	25,183
Other	15,864	16,023
Total other assets	297,706	302,801
Total Assets	732,840	741,167
Current Liabilities
Accounts payable	45,609	43,499
Operating lease obligations	4,399	4,394
Accrued payroll and benefits	13,363	14,585
Accrued expenses and other liabilities	32,577	34,561
Total current liabilities	95,948	97,039
Long-term debt	67,500	67,500
Long-term operating lease obligations	23,824	24,965
Long-term pension obligations	4,615	4,655
Deferred income taxes	14,423	14,729
Other long-term obligations	5,245	5,457
Total Liabilities	211,555	214,345
Commitments and Contingencies (Note 11)
Shareholders’ Equity
Common stock	321,858	319,269
Additional contributed capital	40,440	45,097
Retained earnings	612,124	602,232
Accumulated other comprehensive income (loss)	2,938	4,264
Total shareholders’ equity before treasury stock	977,360	970,862
Treasury stock	(456,075)	(444,040)
Total shareholders’ equity	521,285	526,822
Total Liabilities and Shareholders’ Equity	$ 732,840	$ 741,167

About CTS Corp

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	Mr. Kieran M. O'Sullivan
WEBSITE	ctscorp.com
INDUSTRY	Consumer Electronics
EMPLOYEES	4209

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 Fri May 17 2024, market cap of CTS Corp is 1.61 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 Fri May 17 2024, CTS's PE ratio (Price to Earnings) is 30.13 and Price to Sales (PS) ratio is 3.03. 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 0.127 (multiply by 100 for percentage) rate of return.