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How to buy CTS Corporation stock
Own CTS Corporation stock in just a few minutes.
CTS Corporation is an electronic components business based in the US. CTS Corporation shares (CTS) are listed on the NYSE and all prices are listed in US Dollars. CTS Corporation employs 3,786 staff and has a trailing 12-month revenue of around USD$424.1 million.
How to buy shares in CTS Corporation
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for CTS Corporation. Find the stock by name or ticker symbol: CTS. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until CTS Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of CTS Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of CTS Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- CTS shares summary
- Compare share dealing platforms
- Is CTS stock a buy or sell?
- Stock performance over time
- Can I short CTS shares?
- Are CTS shares over-valued?
- CTS Corporation's financials
- How volatile are CTS shares?
- Does CTS Corporation pay a dividend?
- Have CTS shares ever split?
- Other common questions
CTS Corporation share price
Use our graph to track the performance of CTS stocks over time.CTS Corporation shares at a glance
Information last updated 2021-04-08.
| 52-week range | USD$18.092 - USD$37.2157 |
|---|---|
| 50-day moving average | USD$31.988 |
| 200-day moving average | USD$30.6636 |
| Wall St. target price | USD$36.33 |
| PE ratio | 28.9434 |
| Dividend yield | USD$0.16 (0.52%) |
| Earnings per share (TTM) | USD$1.06 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy CTS Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Is CTS Corporation under- or over-valued?
Valuing CTS Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CTS Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
CTS Corporation's P/E ratio
CTS Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 29x. In other words, CTS Corporation shares trade at around 29x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
CTS Corporation's PEG ratio
CTS Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.05. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into CTS Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
CTS Corporation's EBITDA
CTS Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$72 million.
The EBITDA is a measure of a CTS Corporation's overall financial performance and is widely used to measure a its profitability.
CTS Corporation financials
| Revenue TTM | USD$424.1 million |
|---|---|
| Operating margin TTM | 10.68% |
| Gross profit TTM | USD$139.1 million |
| Return on assets TTM | 4.46% |
| Return on equity TTM | 8.37% |
| Profit margin | 8.18% |
| Book value | $13.127 |
| Market capitalisation | USD$992.4 million |
TTM: trailing 12 months
Shorting CTS Corporation shares
There are currently 334,808 CTS Corporation shares held short by investors – that's known as CTS Corporation's "short interest". This figure is 44.2% down from 599,846 last month.
There are a few different ways that this level of interest in shorting CTS Corporation shares can be evaluated.
CTS Corporation's "short interest ratio" (SIR)
CTS Corporation's "short interest ratio" (SIR) is the quantity of CTS Corporation shares currently shorted divided by the average quantity of CTS Corporation shares traded daily (recently around 172581.44329897). CTS Corporation's SIR currently stands at 1.94. In other words for every 100,000 CTS Corporation shares traded daily on the market, roughly 1940 shares are currently held short.
However CTS Corporation's short interest can also be evaluated against the total number of CTS Corporation shares, or, against the total number of tradable CTS Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CTS Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 CTS Corporation shares in existence, roughly 10 shares are currently held short) or 0.0146% of the tradable shares (for every 100,000 tradable CTS Corporation shares, roughly 15 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against CTS Corporation.
Find out more about how you can short CTS Corporation stock.
CTS Corporation share dividends
Dividend payout ratio: 14.29% of net profits
Recently CTS Corporation has paid out, on average, around 14.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CTS Corporation shareholders could enjoy a 0.51% return on their shares, in the form of dividend payments. In CTS Corporation's case, that would currently equate to about $0.16 per share.
While CTS Corporation's payout ratio might seem low, this can signify that CTS Corporation is investing more in its future growth.
CTS Corporation's most recent dividend payout was on 22 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 March 2021 (the "ex-dividend date").
Have CTS Corporation's shares ever split?
CTS Corporation's shares were split on a 2:1 basis on 12 August 1999. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your CTS Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for CTS Corporation shares which in turn could have impacted CTS Corporation's share price.
CTS Corporation share price volatility
Over the last 12 months, CTS Corporation's shares have ranged in value from as little as $18.092 up to $37.2157. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while CTS Corporation's is 0.7264. This would suggest that CTS Corporation's shares are less volatile than average (for this exchange).
CTS Corporation overview
CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. The company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
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