Sidoti Csr Issues Negative Estimate for CTS Earnings

CTS Corporation (NYSE:CTSFree Report) – Equities research analysts at Sidoti Csr reduced their Q2 2026 earnings per share estimates for CTS in a report issued on Wednesday, February 11th. Sidoti Csr analyst J. Franzreb now forecasts that the electronics maker will earn $0.60 per share for the quarter, down from their prior estimate of $0.62. The consensus estimate for CTS’s current full-year earnings is $2.28 per share. Sidoti Csr also issued estimates for CTS’s Q3 2026 earnings at $0.66 EPS, Q4 2026 earnings at $0.63 EPS, FY2026 earnings at $2.41 EPS, Q3 2027 earnings at $0.70 EPS, Q4 2027 earnings at $0.73 EPS and FY2027 earnings at $2.71 EPS.

CTS (NYSE:CTSGet Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The electronics maker reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. CTS had a return on equity of 12.14% and a net margin of 12.07%.The company had revenue of $137.27 million during the quarter, compared to analysts’ expectations of $135.86 million. CTS has set its FY 2026 guidance at 2.300-2.450 EPS.

Separately, Weiss Ratings restated a “hold (c)” rating on shares of CTS in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, CTS has an average rating of “Hold”.

Check Out Our Latest Research Report on CTS

CTS Stock Down 0.6%

Shares of NYSE:CTS opened at $56.80 on Friday. The company has a 50 day moving average price of $47.74 and a two-hundred day moving average price of $43.44. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.12 and a current ratio of 2.30. The company has a market capitalization of $1.65 billion, a PE ratio of 25.94, a PEG ratio of 1.49 and a beta of 0.89. CTS has a 52 week low of $34.02 and a 52 week high of $59.66.

Institutional Investors Weigh In On CTS

Several hedge funds and other institutional investors have recently made changes to their positions in CTS. Seizert Capital Partners LLC acquired a new stake in CTS in the fourth quarter valued at approximately $2,202,000. Tudor Investment Corp ET AL lifted its stake in shares of CTS by 103.4% in the 3rd quarter. Tudor Investment Corp ET AL now owns 85,266 shares of the electronics maker’s stock valued at $3,406,000 after acquiring an additional 43,341 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of CTS by 357.2% during the 3rd quarter. SG Americas Securities LLC now owns 31,571 shares of the electronics maker’s stock valued at $1,261,000 after acquiring an additional 24,666 shares in the last quarter. Jane Street Group LLC grew its position in CTS by 19.0% during the 1st quarter. Jane Street Group LLC now owns 59,694 shares of the electronics maker’s stock worth $2,480,000 after acquiring an additional 9,530 shares during the last quarter. Finally, Entropy Technologies LP acquired a new position in CTS in the 3rd quarter worth about $341,000. 96.87% of the stock is owned by institutional investors.

CTS Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Friday, March 27th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, March 27th. CTS’s dividend payout ratio is currently 7.31%.

CTS announced that its Board of Directors has approved a share buyback plan on Friday, November 7th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the electronics maker to repurchase up to 8.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

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About CTS

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CTS Corporation (NYSE:CTS) is a global manufacturer and supplier of electronic components and sensors, headquartered in Lisle, Illinois. Established in 1896 as the Chicago Telephone Supply Company, the firm has evolved over more than a century to become a diversified provider of high-precision products for a wide range of end markets.

The company’s core business encompasses the design, development and production of sensors and actuators, frequency control devices such as quartz crystals and filters, multilayer ceramic capacitors, and inductive components.

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Earnings History and Estimates for CTS (NYSE:CTS)

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