Sidoti Research Analysts Lift Earnings Estimates for CTS

CTS Corporation (NYSE:CTS) – Sidoti upped their Q1 2027 earnings estimates for CTS in a research report issued on Thursday, September 10th. Sidoti analyst J. Franzreb now forecasts that the electronics maker will post earnings of $0.64 per share for the quarter, up from their prior forecast of $0.56. The consensus estimate for CTS’s current full-year earnings is $2.72 per share. Sidoti also issued estimates for CTS’s Q2 2027 earnings at $0.74 EPS.

CTS (NYSE:CTS) last released its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.13. CTS had a net margin of 12.37% and a return on equity of 13.48%. The business had revenue of $144.78 million for the quarter, compared to the consensus estimate of $143.43 million. During the same quarter last year, the firm earned $0.62 EPS. CTS has set its FY 2026 guidance at 2.550-2.700 EPS.

A number of other analysts have also recently weighed in on the company. Zacks Research cut CTS from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Lake Street Capital initiated coverage on CTS in a research note on Wednesday, September 2nd. They issued a “buy” rating and a $67.00 price objective on the stock. Weiss Ratings lowered CTS from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 25th. Barrington Research assumed coverage on CTS in a research report on Thursday. They set an “outperform” rating and a $80.00 target price for the company. Finally, Wall Street Zen downgraded CTS from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, CTS currently has a consensus rating of “Moderate Buy” and an average target price of $73.50.

CTS Trading Down 0.0%

CTS stock opened at $56.13 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.61 and a quick ratio of 2.07. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 23.59, a PEG ratio of 1.29 and a beta of 1.03. CTS has a one year low of $36.03 and a one year high of $69.55. The company’s fifty day moving average price is $60.25 and its two-hundred day moving average price is $58.08.

CTS Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, September 25th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, September 25th. CTS’s dividend payout ratio (DPR) is currently 6.72%.

Hedge Funds Weigh In On CTS

A number of institutional investors have recently made changes to their positions in the business. Nykredit A S bought a new stake in CTS during the 2nd quarter valued at approximately $25,000. Global Retirement Partners LLC acquired a new position in shares of CTS during the second quarter worth approximately $33,000. Public Employees Retirement System of Ohio bought a new stake in shares of CTS in the second quarter valued at approximately $34,000. Parallel Advisors LLC grew its stake in shares of CTS by 308.5% in the first quarter. Parallel Advisors LLC now owns 1,401 shares of the electronics maker’s stock worth $67,000 after acquiring an additional 1,058 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of CTS by 29.6% in the second quarter. GAMMA Investing LLC now owns 1,046 shares of the electronics maker’s stock worth $68,000 after acquiring an additional 239 shares during the last quarter. 96.87% of the stock is currently owned by institutional investors.

About CTS

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.