CTS Corporation

Company Profile

CTS Corporation had its IPO on 1987-11-05 under the ticker symbol CTS.

The company operates in the Technology sector and Electronic Components industry. CTS Corporation has a staff strength of 4,209 employees.

Stock update

Shares of CTS Corporation opened at $41.7 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $41.49 - $42.21, and closed at $41.51.

This is a -0.24% slip from the previous day's closing price.

A total volume of 133,026 shares were traded at the close of the day’s session.

In the last one week, shares of CTS Corporation have slipped by -7.39%.

CTS Corporation's Key Ratios

CTS Corporation has a market cap of $1.41 billion, indicating a price to book ratio of 2.5667 and a price to sales ratio of 2.1405.

In the last 12-months CTS Corporation’s revenue was $585.17 million with a gross profit of $214.73 million and an EBITDA of $126.99 million. The EBITDA ratio measures CTS Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, CTS Corporation’s operating margin was 16.59% while its return on assets stood at 8.48% with a return of equity of 11.6%.

In Q1, CTS Corporation’s quarterly earnings growth was a negative -8% while revenue growth was a negative 1.2%.

CTS Corporation’s PE and PEG Ratio

Forward PE

14.3678

Trailing PE

24.1622

PEG

2.05

Its diluted EPS in the last 12-months stands at $1.85 per share while it has a forward price to earnings multiple of 14.3678 and a PEG multiple of 2.05. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into CTS Corporation’s profitability.

CTS Corporation stock is trading at a EV to sales ratio of 2.1182 and a EV to EBITDA ratio of 11.6239. Its price to sales ratio in the trailing 12-months stood at 2.1405.

CTS Corporation stock pays annual dividends of $0.16 per share, indicating a yield of 0.35% and a payout ratio of 6.64%.

Balance sheet and cash flow metrics

Total Assets

$747.01 million

Total Liabilities

$105.78 million

Operating Cash Flow

$-7896000.00

Capital Expenditure

$4.54 million

Dividend Payout Ratio

6.64%

CTS Corporation ended 2024 with $747.01 million in total assets and $0 in total liabilities. Its intangible assets were valued at $747.01 million while shareholder equity stood at $514.14 million.

CTS Corporation ended 2024 with $15.79 million in deferred long-term liabilities, $105.78 million in other current liabilities, 318785000.00 in common stock, $563.79 million in retained earnings and $155.65 million in goodwill. Its cash balance stood at $143.54 million and cash and short-term investments were $143.54 million. The company’s total short-term debt was $4,032,000 while long-term debt stood at $80.26 million.

CTS Corporation’s total current assets stands at $322.64 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $97.71 million compared to accounts payable of $53.41 million and inventory worth $63.47 million.

In 2024, CTS Corporation's operating cash flow was $-7896000.00 while its capital expenditure stood at $4.54 million.

Comparatively, CTS Corporation paid $0.07 in dividends in 2024.

Other key metrics

Current Trading Price

$41.51

52-Week High

$49.59

52-Week Low

$31.8094

Analyst Target Price

$45

CTS Corporation stock is currently trading at $41.51 per share. It touched a 52-week high of $49.59 and a 52-week low of $49.59. Analysts tracking the stock have a 12-month average target price of $45.

Its 50-day moving average was $43.45 and 200-day moving average was $43.52 The short ratio stood at 6.5 indicating a short percent outstanding of 0%.

Around 204.7% of the company’s stock are held by insiders while 9703.6% are held by institutions.