CTS Net Worth

CTS Net Worth Breakdown

  CTS
The net worth of CTS Corporation is the difference between its total assets and liabilities. CTS's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of CTS's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. CTS's net worth can be used as a measure of its financial health and stability which can help investors to decide if CTS is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in CTS Corporation stock.

CTS Net Worth Analysis

CTS's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including CTS's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of CTS's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform CTS's net worth analysis. One common approach is to calculate CTS's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares CTS's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing CTS's net worth. This approach calculates the present value of CTS's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of CTS's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate CTS's net worth. This involves comparing CTS's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into CTS's net worth relative to its peers.

Enterprise Value

376.4 Million

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 net worth 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

194.82 Million

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

CTS Target Price Consensus

CTS target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. CTS's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   One  Hold
Most CTS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand CTS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of CTS Corporation, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

CTS Target Price Projection

CTS's current and average target prices are 54.33 and 44.33, respectively. The current price of CTS is the price at which CTS Corporation is currently trading. On the other hand, CTS's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

CTS Market Quote on 29th of November 2024

Low Price53.87Odds
High Price55.07Odds

54.33

Target Price

Analyst Consensus On CTS Target Price

Low Estimate40.34Odds
High Estimate49.21Odds

44.33

Historical Lowest Forecast  40.34 Target Price  44.33 Highest Forecast  49.21
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on CTS Corporation and the information provided on this page.

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 Llp2024-06-30
737.5 K
London Company Of Virginia2024-06-30
604.4 K
Gabelli Funds Llc2024-09-30
531.5 K
Morgan Stanley - Brokerage Accounts2024-06-30
521.2 K
Charles Schwab Investment Management Inc2024-09-30
385.6 K
Harvey Partners Llc2024-09-30
347 K
Bank Of New York Mellon Corp2024-06-30
315.2 K
Tributary Capital Management, Llc2024-06-30
308.1 K
Northern Trust Corp2024-09-30
307.1 K
Blackrock Inc2024-06-30
4.8 M
Vanguard Group Inc2024-09-30
2.8 M
Note, although CTS's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow CTS's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.64 B.

Market Cap

347.79 Million

Project CTS's profitablity

Last ReportedProjected 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 
The company has Net Profit Margin of 0.12 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.17 %, which entails that for every 100 dollars of revenue, it generated $0.17 of operating income.
When accessing CTS's net worth, it's important to look at multiple sources and consider different scenarios. 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 ReportedProjected 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 Value527.7 M376.4 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.
Enterprise Value Revenue
3.2564
Revenue
513 M
Quarterly Revenue Growth
(0.02)
Revenue Per Share
16.743
Return On Equity
0.1136
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 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 time-series forecasting models is one of many CTS's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CTS's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

CTS Earnings Estimation Breakdown

The calculation of CTS's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of CTS is estimated to be 0.545 with the future projection ranging from a low of 0.545 to a high of 0.545. Please be aware that this consensus of annual earnings estimates for CTS Corporation is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.63
0.55
Lowest
Expected EPS
0.545
0.55
Highest

CTS Earnings Projection Consensus

Suppose the current estimates of CTS's value are higher than the current market price of the CTS stock. In this case, investors may conclude that CTS is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and CTS's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
195.4%
0.63
0.545
1.94

CTS Earnings History

Earnings estimate consensus by CTS Corporation analysts from Wall Street is used by the market to judge CTS's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only CTS's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

CTS Quarterly Gross Profit

49.79 Million

At this time, CTS's Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 6.32 in 2024, whereas Retained Earnings are likely to drop slightly above 311.2 M in 2024. Common Stock Shares Outstanding is likely to gain to about 36.5 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 56.3 M in 2024.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CTS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
52.5454.7556.96
Details
Intrinsic
Valuation
LowRealHigh
46.5748.7859.76
Details
Naive
Forecast
LowNextHigh
49.1251.3253.53
Details
1 Analysts
Consensus
LowTargetHigh
40.3444.3349.21
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of CTS assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards CTS. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving CTS's stock price in the short term.

CTS Earnings per Share Projection vs Actual

Actual Earning per Share of CTS refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering CTS Corporation predict the company's earnings will be in the future. The higher the earnings per share of CTS, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

CTS Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as CTS, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of CTS should always be considered in relation to other companies to make a more educated investment decision.

CTS Quarterly Analyst Estimates and Surprise Metrics

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-29
2024-09-300.570.630.0610 
2024-07-30
2024-06-300.530.540.01
2024-05-01
2024-03-310.430.470.04
2024-02-06
2023-12-310.460.470.01
2023-10-26
2023-09-300.560.54-0.02
2023-07-25
2023-06-300.530.590.0611 
2023-04-27
2023-03-310.580.610.03
2023-02-07
2022-12-310.580.56-0.02
2022-10-26
2022-09-300.620.620.0
2022-07-26
2022-06-300.610.620.01
2022-04-28
2022-03-310.530.670.1426 
2022-02-08
2021-12-310.470.490.02
2021-10-27
2021-09-300.390.460.0717 
2021-07-27
2021-06-300.380.520.1436 
2021-04-29
2021-03-310.370.460.0924 
2021-02-09
2020-12-310.340.430.0926 
2020-10-29
2020-09-300.240.340.141 
2020-07-31
2020-06-300.070.160.09128 
2020-04-23
2020-03-310.140.190.0535 
2020-02-04
2019-12-310.350.370.02
2019-10-24
2019-09-300.390.29-0.125 
2019-07-25
2019-06-300.380.40.02
2019-04-25
2019-03-310.370.390.02
2019-02-05
2018-12-310.420.41-0.01
2018-10-25
2018-09-300.380.390.01
2018-07-26
2018-06-300.350.390.0411 
2018-04-26
2018-03-310.30.340.0413 
2018-02-06
2017-12-310.310.390.0825 
2017-10-26
2017-09-300.290.310.02
2017-07-27
2017-06-300.30.28-0.02
2017-04-27
2017-03-310.260.260.0
2017-02-07
2016-12-310.250.290.0416 
2016-10-28
2016-09-300.240.280.0416 
2016-07-29
2016-06-300.270.26-0.01
2016-05-03
2016-03-310.220.260.0418 
2016-02-08
2015-12-310.250.2-0.0520 
2015-10-26
2015-09-300.230.230.0
2015-07-27
2015-06-300.260.30.0415 
2015-04-27
2015-03-310.20.20.0
2015-02-05
2014-12-310.230.240.01
2014-10-27
2014-09-300.240.290.0520 
2014-07-28
2014-06-300.240.250.01
2014-04-28
2014-03-310.210.19-0.02
2014-02-06
2013-12-310.230.250.02
2013-10-28
2013-09-300.230.2-0.0313 
2013-07-22
2013-06-300.180.20.0211 
2013-04-23
2013-03-310.140.140.0
2013-01-28
2012-12-310.250.18-0.0728 
2012-10-23
2012-09-300.20.20.0
2012-07-23
2012-06-300.160.180.0212 
2012-04-24
2012-03-310.110.07-0.0436 
2012-01-25
2011-12-310.230.22-0.01
2011-10-25
2011-09-300.160.230.0743 
2011-07-25
2011-06-300.160.14-0.0212 
2011-04-26
2011-03-310.160.15-0.01
2011-01-26
2010-12-310.150.170.0213 
2010-10-26
2010-09-300.170.20.0317 
2010-07-26
2010-06-300.160.170.01
2010-04-27
2010-03-310.110.130.0218 
2010-01-27
2009-12-310.140.190.0535 
2009-10-27
2009-09-300.070.130.0685 
2009-07-27
2009-06-300.050.060.0120 
2009-04-28
2009-03-31-0.08-0.030.0562 
2009-01-28
2008-12-31-0.050.150.2400 
2008-10-28
2008-09-300.160.160.0
2008-07-29
2008-06-300.20.270.0735 
2008-04-29
2008-03-310.150.180.0320 
2008-01-30
2007-12-310.20.250.0525 
2007-10-23
2007-09-300.220.21-0.01
2007-07-30
2007-06-300.140.150.01
2007-05-23
2007-03-310.150.11-0.0426 
2006-10-24
2006-09-300.170.170.0
2006-07-26
2006-06-300.180.190.01
2006-04-25
2006-03-310.120.20.0866 
2006-01-31
2005-12-310.20.20.0
2005-10-25
2005-09-300.150.160.01
2005-07-27
2005-06-300.170.170.0
2005-04-26
2005-03-310.120.09-0.0325 
2005-01-27
2004-12-310.160.170.01
2004-10-18
2004-09-300.10.10.0
2004-07-20
2004-06-300.110.130.0218 
2004-04-20
2004-03-310.070.070.0
2004-01-26
2003-12-310.10.110.0110 
2003-10-22
2003-09-300.070.05-0.0228 
2003-07-23
2003-06-300.030.060.03100 
2003-04-22
2003-03-310.010.020.01100 
2003-01-27
2002-12-310.010.020.01100 
2002-10-22
2002-09-30-0.06-0.4113-0.3513585 
2002-07-23
2002-06-30-0.1-0.070.0330 
2002-04-23
2002-03-31-0.14-0.060.0857 
2002-01-29
2001-12-31-0.17-0.2-0.0317 
2001-10-18
2001-09-30-0.06-0.1-0.0466 
2001-07-19
2001-06-30-0.09-0.090.0
2001-04-18
2001-03-310.070.110.0457 
2001-01-23
2000-12-310.780.790.01
2000-10-25
2000-09-300.720.770.05
2000-07-26
2000-06-300.680.710.03
2000-04-25
2000-03-310.640.680.04
2000-01-26
1999-12-310.640.660.02
1999-10-27
1999-09-300.450.560.1124 
1999-07-28
1999-06-300.420.510.0921 
1999-04-28
1999-03-310.350.380.03
1999-01-28
1998-12-310.350.370.02
1998-10-15
1998-09-300.290.290.0
1998-07-16
1998-06-300.320.350.03
1998-04-16
1998-03-310.270.280.01

CTS Corporate Directors

William JohnsonIndependent DirectorProfile
Donna CostelloIndependent DirectorProfile
Alfonso ZuluetaIndependent DirectorProfile
Robert ProfusekLead Independent DirectorProfile

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.