Is CTS Stock a Good Investment?
CTS Investment Advice | CTS |
- Examine CTS's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research CTS's leadership team and their track record. Good management can help CTS navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact CTS's business and its evolving consumer preferences.
- Compare CTS's performance and market position to its competitors. Analyze how CTS is positioned in terms of product offerings, innovation, and market share.
- Check if CTS pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about CTS's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in CTS Corporation stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if CTS Corporation is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine CTS Stock
Researching CTS's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 100.0% of the company shares are held by institutions such as insurance companies. The book value of CTS was currently reported as 17.59. The company has Price/Earnings To Growth (PEG) ratio of 2.05. CTS Corporation last dividend was issued on the 27th of December 2024. The entity had 2:1 split on the 13th of August 1999.
To determine if CTS is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding CTS's research are outlined below:
| CTS Corporation is unlikely to experience financial distress in the next 2 years | |
| Over 100.0% of the company shares are held by institutions such as insurance companies | |
| On 25th of October 2024 CTS paid $ 0.04 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Interface Leads These 3 Undiscovered Gems with Promising Potential |
CTS Quarterly Good Will |
|
CTS uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in CTS Corporation. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to CTS's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact CTS's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises CTS's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-07-27 | 2009-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2004-01-26 | 2003-12-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2003-04-22 | 2003-03-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2003-01-27 | 2002-12-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2013-07-22 | 2013-06-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2012-07-23 | 2012-06-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2011-07-25 | 2011-06-30 | 0.16 | 0.14 | -0.02 | 12 | ||
2011-01-26 | 2010-12-31 | 0.15 | 0.17 | 0.02 | 13 |
Know CTS's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CTS is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CTS Corporation backward and forwards among themselves. CTS's institutional investor refers to the entity that pools money to purchase CTS's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wellington Management Company Llp | 2024-06-30 | 737.5 K | London Company Of Virginia | 2024-06-30 | 604.4 K | Gabelli Funds Llc | 2024-09-30 | 531.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 521.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 385.6 K | Harvey Partners Llc | 2024-09-30 | 347 K | Bank Of New York Mellon Corp | 2024-06-30 | 315.2 K | Tributary Capital Management, Llc | 2024-06-30 | 308.1 K | Northern Trust Corp | 2024-09-30 | 307.1 K | Blackrock Inc | 2024-06-30 | 4.8 M | Vanguard Group Inc | 2024-09-30 | 2.8 M |
CTS's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.64 B.Market Cap |
|
CTS's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.13 | |
| Return On Capital Employed | 0.12 | 0.10 | |
| Return On Assets | 0.08 | 0.09 | |
| Return On Equity | 0.11 | 0.12 |
Determining CTS's profitability involves analyzing its financial statements and using various financial metrics to determine if CTS is a good buy. For example, gross profit margin measures CTS's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of CTS's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in CTS's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CTS Corporation. Check CTS's Beneish M Score to see the likelihood of CTS's management manipulating its earnings.
Evaluate CTS's management efficiency
CTS Corporation has Return on Asset of 0.0605 % which means that on every $100 spent on assets, it made $0.0605 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1136 %, implying that it generated $0.1136 on every 100 dollars invested. CTS's management efficiency ratios could be used to measure how well CTS manages its routine affairs as well as how well it operates its assets and liabilities. At this time, CTS's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.09 in 2024, whereas Return On Capital Employed is likely to drop 0.10 in 2024. At this time, CTS's Intangible Assets are comparatively stable compared to the past year. Deferred Long Term Asset Charges is likely to gain to about 35.4 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 260.1 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 16.80 | 17.64 | |
| Tangible Book Value Per Share | 8.46 | 4.67 | |
| Enterprise Value Over EBITDA | 11.91 | 12.36 | |
| Price Book Value Ratio | 2.60 | 1.63 | |
| Enterprise Value Multiple | 11.91 | 12.36 | |
| Price Fair Value | 2.60 | 1.63 | |
| Enterprise Value | 527.7 M | 376.4 M |
Understanding the operational decisions made by CTS management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.0029 | Forward Dividend Yield 0.0029 | Forward Dividend Rate 0.16 | Beta 0.58 |
Basic technical analysis of CTS Stock
As of the 28th of November, CTS shows the risk adjusted performance of 0.0639, and Mean Deviation of 1.56. CTS Corporation technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm CTS Corporation variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if CTS Corporation is priced some-what accurately, providing market reflects its regular price of 54.46 per share. Given that CTS has jensen alpha of 0.1522, we suggest you to validate CTS Corporation's prevailing market performance to make sure the company can sustain itself at some point in the future.CTS's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CTS insiders, such as employees or executives, is commonly permitted as long as it does not rely on CTS's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CTS insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
CTS's Outstanding Corporate Bonds
CTS issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. CTS Corporation uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most CTS bonds can be classified according to their maturity, which is the date when CTS Corporation has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| US12657NAA81 Corp BondUS12657NAA81 | View | |
| US12653CAJ71 Corp BondUS12653CAJ71 | View | |
| CNX 7375 15 JAN 31 Corp BondUS12653CAK45 | View |
Understand CTS's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing CTS's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0639 | |||
| Market Risk Adjusted Performance | 2.62 | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.69 | |||
| Downside Deviation | 1.83 | |||
| Coefficient Of Variation | 1336.61 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.12 | |||
| Information Ratio | 0.0194 | |||
| Jensen Alpha | 0.1522 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.024 | |||
| Treynor Ratio | 2.61 | |||
| Maximum Drawdown | 15.09 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 2.78 | |||
| Downside Variance | 3.34 | |||
| Semi Variance | 2.86 | |||
| Expected Short fall | (1.73) | |||
| Skewness | 2.12 | |||
| Kurtosis | 11.11 |
| Risk Adjusted Performance | 0.0639 | |||
| Market Risk Adjusted Performance | 2.62 | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.69 | |||
| Downside Deviation | 1.83 | |||
| Coefficient Of Variation | 1336.61 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.12 | |||
| Information Ratio | 0.0194 | |||
| Jensen Alpha | 0.1522 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.024 | |||
| Treynor Ratio | 2.61 | |||
| Maximum Drawdown | 15.09 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 2.78 | |||
| Downside Variance | 3.34 | |||
| Semi Variance | 2.86 | |||
| Expected Short fall | (1.73) | |||
| Skewness | 2.12 | |||
| Kurtosis | 11.11 |
Consider CTS's intraday indicators
CTS intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CTS stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
CTS Corporate Filings
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 8th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 31st of May 2024 Other Reports | ViewVerify |
CTS Stock media impact
Far too much social signal, news, headlines, and media speculation about CTS that are available to investors today. That information is available publicly through CTS media outlets and privately through word of mouth or via CTS internal channels. However, regardless of the origin, that massive amount of CTS data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of CTS news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of CTS relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to CTS's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive CTS alpha.
CTS Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards CTS can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
CTS Corporate Directors
| William Johnson | Independent Director | Profile | |
| Donna Costello | Independent Director | Profile | |
| Alfonso Zulueta | Independent Director | Profile | |
| Robert Profusek | Lead Independent Director | Profile |
Additional Tools for CTS Stock Analysis
When running CTS's price analysis, check to measure CTS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.