CTS Net Worth
CTS Net Worth Breakdown | CTS |
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 |
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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 |
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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 ValuationCTS 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.Target Price
Analyst Consensus On CTS Target Price
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 |
Follow CTS's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.64 B.Market Cap |
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Project CTS's profitablity
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 |
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 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.
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 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
0.55 Lowest | Expected EPS | 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 Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
1 | 95.4% | 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 |
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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.
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 | |||
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2024-10-29 | 2024-09-30 | 0.57 | 0.63 | 0.06 | 10 | ||
2024-07-30 | 2024-06-30 | 0.53 | 0.54 | 0.01 | 1 | ||
2024-05-01 | 2024-03-31 | 0.43 | 0.47 | 0.04 | 9 | ||
2024-02-06 | 2023-12-31 | 0.46 | 0.47 | 0.01 | 2 | ||
2023-10-26 | 2023-09-30 | 0.56 | 0.54 | -0.02 | 3 | ||
2023-07-25 | 2023-06-30 | 0.53 | 0.59 | 0.06 | 11 | ||
2023-04-27 | 2023-03-31 | 0.58 | 0.61 | 0.03 | 5 | ||
2023-02-07 | 2022-12-31 | 0.58 | 0.56 | -0.02 | 3 | ||
2022-10-26 | 2022-09-30 | 0.62 | 0.62 | 0.0 | 0 | ||
2022-07-26 | 2022-06-30 | 0.61 | 0.62 | 0.01 | 1 | ||
2022-04-28 | 2022-03-31 | 0.53 | 0.67 | 0.14 | 26 | ||
2022-02-08 | 2021-12-31 | 0.47 | 0.49 | 0.02 | 4 | ||
2021-10-27 | 2021-09-30 | 0.39 | 0.46 | 0.07 | 17 | ||
2021-07-27 | 2021-06-30 | 0.38 | 0.52 | 0.14 | 36 | ||
2021-04-29 | 2021-03-31 | 0.37 | 0.46 | 0.09 | 24 | ||
2021-02-09 | 2020-12-31 | 0.34 | 0.43 | 0.09 | 26 | ||
2020-10-29 | 2020-09-30 | 0.24 | 0.34 | 0.1 | 41 | ||
2020-07-31 | 2020-06-30 | 0.07 | 0.16 | 0.09 | 128 | ||
2020-04-23 | 2020-03-31 | 0.14 | 0.19 | 0.05 | 35 | ||
2020-02-04 | 2019-12-31 | 0.35 | 0.37 | 0.02 | 5 | ||
2019-10-24 | 2019-09-30 | 0.39 | 0.29 | -0.1 | 25 | ||
2019-07-25 | 2019-06-30 | 0.38 | 0.4 | 0.02 | 5 | ||
2019-04-25 | 2019-03-31 | 0.37 | 0.39 | 0.02 | 5 | ||
2019-02-05 | 2018-12-31 | 0.42 | 0.41 | -0.01 | 2 | ||
2018-10-25 | 2018-09-30 | 0.38 | 0.39 | 0.01 | 2 | ||
2018-07-26 | 2018-06-30 | 0.35 | 0.39 | 0.04 | 11 | ||
2018-04-26 | 2018-03-31 | 0.3 | 0.34 | 0.04 | 13 | ||
2018-02-06 | 2017-12-31 | 0.31 | 0.39 | 0.08 | 25 | ||
2017-10-26 | 2017-09-30 | 0.29 | 0.31 | 0.02 | 6 | ||
2017-07-27 | 2017-06-30 | 0.3 | 0.28 | -0.02 | 6 | ||
2017-04-27 | 2017-03-31 | 0.26 | 0.26 | 0.0 | 0 | ||
2017-02-07 | 2016-12-31 | 0.25 | 0.29 | 0.04 | 16 | ||
2016-10-28 | 2016-09-30 | 0.24 | 0.28 | 0.04 | 16 | ||
2016-07-29 | 2016-06-30 | 0.27 | 0.26 | -0.01 | 3 | ||
2016-05-03 | 2016-03-31 | 0.22 | 0.26 | 0.04 | 18 | ||
2016-02-08 | 2015-12-31 | 0.25 | 0.2 | -0.05 | 20 | ||
2015-10-26 | 2015-09-30 | 0.23 | 0.23 | 0.0 | 0 | ||
2015-07-27 | 2015-06-30 | 0.26 | 0.3 | 0.04 | 15 | ||
2015-04-27 | 2015-03-31 | 0.2 | 0.2 | 0.0 | 0 | ||
2015-02-05 | 2014-12-31 | 0.23 | 0.24 | 0.01 | 4 | ||
2014-10-27 | 2014-09-30 | 0.24 | 0.29 | 0.05 | 20 | ||
2014-07-28 | 2014-06-30 | 0.24 | 0.25 | 0.01 | 4 | ||
2014-04-28 | 2014-03-31 | 0.21 | 0.19 | -0.02 | 9 | ||
2014-02-06 | 2013-12-31 | 0.23 | 0.25 | 0.02 | 8 | ||
2013-10-28 | 2013-09-30 | 0.23 | 0.2 | -0.03 | 13 | ||
2013-07-22 | 2013-06-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2013-04-23 | 2013-03-31 | 0.14 | 0.14 | 0.0 | 0 | ||
2013-01-28 | 2012-12-31 | 0.25 | 0.18 | -0.07 | 28 | ||
2012-10-23 | 2012-09-30 | 0.2 | 0.2 | 0.0 | 0 | ||
2012-07-23 | 2012-06-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2012-04-24 | 2012-03-31 | 0.11 | 0.07 | -0.04 | 36 | ||
2012-01-25 | 2011-12-31 | 0.23 | 0.22 | -0.01 | 4 | ||
2011-10-25 | 2011-09-30 | 0.16 | 0.23 | 0.07 | 43 | ||
2011-07-25 | 2011-06-30 | 0.16 | 0.14 | -0.02 | 12 | ||
2011-04-26 | 2011-03-31 | 0.16 | 0.15 | -0.01 | 6 | ||
2011-01-26 | 2010-12-31 | 0.15 | 0.17 | 0.02 | 13 | ||
2010-10-26 | 2010-09-30 | 0.17 | 0.2 | 0.03 | 17 | ||
2010-07-26 | 2010-06-30 | 0.16 | 0.17 | 0.01 | 6 | ||
2010-04-27 | 2010-03-31 | 0.11 | 0.13 | 0.02 | 18 | ||
2010-01-27 | 2009-12-31 | 0.14 | 0.19 | 0.05 | 35 | ||
2009-10-27 | 2009-09-30 | 0.07 | 0.13 | 0.06 | 85 | ||
2009-07-27 | 2009-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2009-04-28 | 2009-03-31 | -0.08 | -0.03 | 0.05 | 62 | ||
2009-01-28 | 2008-12-31 | -0.05 | 0.15 | 0.2 | 400 | ||
2008-10-28 | 2008-09-30 | 0.16 | 0.16 | 0.0 | 0 | ||
2008-07-29 | 2008-06-30 | 0.2 | 0.27 | 0.07 | 35 | ||
2008-04-29 | 2008-03-31 | 0.15 | 0.18 | 0.03 | 20 | ||
2008-01-30 | 2007-12-31 | 0.2 | 0.25 | 0.05 | 25 | ||
2007-10-23 | 2007-09-30 | 0.22 | 0.21 | -0.01 | 4 | ||
2007-07-30 | 2007-06-30 | 0.14 | 0.15 | 0.01 | 7 | ||
2007-05-23 | 2007-03-31 | 0.15 | 0.11 | -0.04 | 26 | ||
2006-10-24 | 2006-09-30 | 0.17 | 0.17 | 0.0 | 0 | ||
2006-07-26 | 2006-06-30 | 0.18 | 0.19 | 0.01 | 5 | ||
2006-04-25 | 2006-03-31 | 0.12 | 0.2 | 0.08 | 66 | ||
2006-01-31 | 2005-12-31 | 0.2 | 0.2 | 0.0 | 0 | ||
2005-10-25 | 2005-09-30 | 0.15 | 0.16 | 0.01 | 6 | ||
2005-07-27 | 2005-06-30 | 0.17 | 0.17 | 0.0 | 0 | ||
2005-04-26 | 2005-03-31 | 0.12 | 0.09 | -0.03 | 25 | ||
2005-01-27 | 2004-12-31 | 0.16 | 0.17 | 0.01 | 6 | ||
2004-10-18 | 2004-09-30 | 0.1 | 0.1 | 0.0 | 0 | ||
2004-07-20 | 2004-06-30 | 0.11 | 0.13 | 0.02 | 18 | ||
2004-04-20 | 2004-03-31 | 0.07 | 0.07 | 0.0 | 0 | ||
2004-01-26 | 2003-12-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2003-10-22 | 2003-09-30 | 0.07 | 0.05 | -0.02 | 28 | ||
2003-07-23 | 2003-06-30 | 0.03 | 0.06 | 0.03 | 100 | ||
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 | ||
2002-10-22 | 2002-09-30 | -0.06 | -0.4113 | -0.3513 | 585 | ||
2002-07-23 | 2002-06-30 | -0.1 | -0.07 | 0.03 | 30 | ||
2002-04-23 | 2002-03-31 | -0.14 | -0.06 | 0.08 | 57 | ||
2002-01-29 | 2001-12-31 | -0.17 | -0.2 | -0.03 | 17 | ||
2001-10-18 | 2001-09-30 | -0.06 | -0.1 | -0.04 | 66 | ||
2001-07-19 | 2001-06-30 | -0.09 | -0.09 | 0.0 | 0 | ||
2001-04-18 | 2001-03-31 | 0.07 | 0.11 | 0.04 | 57 | ||
2001-01-23 | 2000-12-31 | 0.78 | 0.79 | 0.01 | 1 | ||
2000-10-25 | 2000-09-30 | 0.72 | 0.77 | 0.05 | 6 | ||
2000-07-26 | 2000-06-30 | 0.68 | 0.71 | 0.03 | 4 | ||
2000-04-25 | 2000-03-31 | 0.64 | 0.68 | 0.04 | 6 | ||
2000-01-26 | 1999-12-31 | 0.64 | 0.66 | 0.02 | 3 | ||
1999-10-27 | 1999-09-30 | 0.45 | 0.56 | 0.11 | 24 | ||
1999-07-28 | 1999-06-30 | 0.42 | 0.51 | 0.09 | 21 | ||
1999-04-28 | 1999-03-31 | 0.35 | 0.38 | 0.03 | 8 | ||
1999-01-28 | 1998-12-31 | 0.35 | 0.37 | 0.02 | 5 | ||
1998-10-15 | 1998-09-30 | 0.29 | 0.29 | 0.0 | 0 | ||
1998-07-16 | 1998-06-30 | 0.32 | 0.35 | 0.03 | 9 | ||
1998-04-16 | 1998-03-31 | 0.27 | 0.28 | 0.01 | 3 |
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.