Cts Corporation Stock Analysis

CTS Stock  USD 54.46  0.13  0.24%   
CTS Corporation is overvalued with Real Value of 48.79 and Target Price of 44.33. The main objective of CTS stock analysis is to determine its intrinsic value, which is an estimate of what CTS Corporation is worth, separate from its market price. There are two main types of CTS's stock analysis: fundamental analysis and technical analysis.
The CTS stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. CTS is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. CTS Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CTS Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

CTS Stock Analysis Notes

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. CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois. Cts Corp operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. It employs 3820 people. For more info on CTS Corporation please contact Kieran OSullivan at 630 577 8800 or go to https://www.ctscorp.com.

CTS Quarterly Total Revenue

132.42 Million

CTS Corporation Investment Alerts

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
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CTS Corporation Upcoming and Recent Events

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 Largest EPS Surprises

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
2009-07-27
2009-06-300.050.060.0120 
2004-01-26
2003-12-310.10.110.0110 
2003-04-22
2003-03-310.010.020.01100 
View All Earnings Estimates

CTS Environmental, Social, and Governance (ESG) Scores

CTS's ESG score is a quantitative measure that evaluates CTS's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of CTS's operations that may have significant financial implications and affect CTS's stock price as well as guide investors towards more socially responsible investments.

CTS Thematic Classifications

In addition to having CTS stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Electronic Equipment Idea
Electronic Equipment
USA Equities from Electronic Equipment industry as classified by Fama & French

CTS Stock Institutional Investors

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.

CTS Market Capitalization

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

CTS Profitablity

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.
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 

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.
Dividend Yield
0.0029
Operating Margin
0.1676
Profit Margin
0.1166
Forward Dividend Yield
0.0029
Beta
0.58

Technical Drivers

As of the 28th of November, CTS shows the mean deviation of 1.56, and Risk Adjusted Performance of 0.0639. 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 Corporation Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. CTS middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for CTS Corporation. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

CTS Corporation 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 Outstanding 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.

CTS Predictive Daily 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
8K
10th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
30th of July 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
31st of May 2024
Other Reports
ViewVerify
F4
28th of May 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
13th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

CTS Forecast Models

CTS's time-series forecasting models are one of many CTS's stock analysis techniques aimed at predicting 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.

About CTS Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how CTS prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CTS shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as CTS. By using and applying CTS Stock analysis, traders can create a robust methodology for identifying CTS entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.14  0.14 
Operating Profit Margin 0.14  0.14 
Net Profit Margin 0.11  0.12 
Gross Profit Margin 0.35  0.22 

Current CTS Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. CTS analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. CTS analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
44.33Hold1Odds
CTS Corporation current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CTS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CTS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CTS Corporation, talking to its executives and customers, or listening to CTS conference calls.
CTS Analyst Advice Details

CTS Stock Analysis Indicators

CTS Corporation stock analysis indicators help investors evaluate how CTS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading CTS shares will generate the highest return on investment. By understating and applying CTS stock analysis, traders can identify CTS position entry and exit signals to maximize returns.
Begin Period Cash Flow156.9 M
Total Stockholder Equity526.8 M
Capital Lease Obligations29.4 M
Property Plant And Equipment Net119 M
Cash And Short Term Investments163.9 M
Cash163.9 M
50 Day M A50.5408
Net Interest Income592 K
Total Current Liabilities97 M
Forward Price Earnings14.3678
Investments-20 M
Interest Expense3.3 M
Stock Based Compensation5.2 M
Long Term Debt67.5 M
Common Stock Shares Outstanding31.6 M
Tax Provision18.1 M
Quarterly Earnings Growth Y O Y0.386
Free Cash Flow74.1 M
Other Current Assets16.9 M
Accounts Payable43.5 M
Net Debt-67 M
Other Operating Expenses468.3 M
Non Current Assets Total421.8 M
Liabilities And Stockholders Equity741.2 M
Non Currrent Assets Other15.3 M

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.