CTS (NYSE:CTS) Issues FY 2025 Earnings Guidance

CTS (NYSE:CTS) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 2.200-2.350 for the period, compared to the consensus EPS estimate of 2.370. The company issued revenue guidance of $520.0 million-$550.0 million, compared to the consensus revenue estimate of $551.6 million.

CTS Price Performance

Shares of NYSE CTS traded down $1.38 during trading hours on Tuesday, hitting $47.89. 8,340 shares of the stock were exchanged, compared to its average volume of 125,432. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.91 and a current ratio of 2.46. CTS has a 1-year low of $40.96 and a 1-year high of $59.68. The company has a market cap of $1.44 billion, a PE ratio of 24.37 and a beta of 0.59. The company’s fifty day simple moving average is $53.21 and its two-hundred day simple moving average is $50.65.

CTS (NYSE:CTS) last released its quarterly earnings results on Tuesday, February 4th. The electronics maker reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.06). CTS had a return on equity of 12.39% and a net margin of 11.66%. On average, sell-side analysts predict that CTS will post 2.15 EPS for the current year.

CTS Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, December 27th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.33%. The ex-dividend date was Friday, December 27th. CTS’s dividend payout ratio (DPR) is presently 8.25%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. StockNews.com raised CTS from a “hold” rating to a “buy” rating in a research report on Saturday. Scotiabank lowered shares of CTS from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th.

Insider Transactions at CTS

In related news, CEO Kieran M. O’sullivan sold 6,690 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $55.83, for a total transaction of $373,502.70. Following the completion of the sale, the chief executive officer now directly owns 375,643 shares in the company, valued at approximately $20,972,148.69. The trade was a 1.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 59,956 shares of company stock worth $3,331,185 over the last quarter. 2.30% of the stock is currently owned by insiders.

CTS Company Profile

CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides encoders, rotary position sensors, slide potentiometers, industrial and commercial rotary potentiometers. It also provides non-contacting, and contacting pedals; and eBrake pedals.