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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 3,570 staff and has a trailing 12-month revenue of around USD$418 million.
Since the stock market crash in March caused by coronavirus, CTS Corporation's share price has had significant positive movement.
Its last market close was USD$31.74, which is 7.72% up on its pre-crash value of USD$29.29 and 77.09% up on the lowest point reached during the March crash when the shares fell as low as USD$17.9228.
If you had bought USD$1,000 worth of CTS Corporation shares at the start of February 2020, those shares would have been worth USD$637.71 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,068.69.
|Latest market close||USD$31.74|
|52-week range||USD$17.9228 - USD$33.85|
|50-day moving average||USD$22.5074|
|200-day moving average||USD$21.4415|
|Wall St. target price||USD$23.33|
|Dividend yield||USD$0.16 (0.62%)|
|Earnings per share (TTM)||USD$0.659|
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.
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.
|1 week (2020-11-23)||1.83%|
|1 month (2020-10-30)||14.83%|
|3 months (2020-08-28)||48.53%|
|6 months (2020-05-29)||48.73%|
|1 year (2019-11-29)||15.92%|
|2 years (2018-11-30)||9.41%|
|3 years (2017-11-30)||16.48%|
|5 years (2015-11-30)||67.23%|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 39x. In other words, CTS Corporation shares trade at around 39x 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 "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 (earnings before interest, taxes, depreciation and amortisation) is USD$67.1 million.
The EBITDA is a measure of a CTS Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$418 million|
|Operating margin TTM||9.88%|
|Gross profit TTM||USD$157.6 million|
|Return on assets TTM||4.15%|
|Return on equity TTM||5.39%|
|Market capitalisation||USD$831.5 million|
TTM: trailing 12 months
There are currently 743,826 CTS Corporation shares held short by investors – that's known as CTS Corporation's "short interest". This figure is 20.7% up from 616,179 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) is the quantity of CTS Corporation shares currently shorted divided by the average quantity of CTS Corporation shares traded daily (recently around 205476.79558011). CTS Corporation's SIR currently stands at 3.62. In other words for every 100,000 CTS Corporation shares traded daily on the market, roughly 3620 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 0.02% of the outstanding shares (for every 100,000 CTS Corporation shares in existence, roughly 20 shares are currently held short) or 0.0281% of the tradable shares (for every 100,000 tradable CTS Corporation shares, roughly 28 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.
Dividend payout ratio: 15.84% of net profits
Recently CTS Corporation has paid out, on average, around 15.84% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.62% 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 0.62% 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 30 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 24 September 2020 (the "ex-dividend date").
CTS Corporation's shares were split on a 2:1 basis on 13 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.
Over the last 12 months, CTS Corporation's shares have ranged in value from as little as $17.9228 up to $33.85. 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 0.8053. This would suggest that CTS Corporation's shares are less volatile than average (for this exchange).
CTS Corporation designs, manufactures, and sells sensors, electronic components, and actuators primarily to original equipment manufacturers and tier one suppliers for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. It offers sensors and actuators for use in passenger or commercial vehicles; electronic components for use in telecommunications infrastructure, information technology and other high-speed applications, switches, and potentiometers; and fabricated piezoelectric materials and substrates for use 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 in the United States, Singapore, Taiwan, China, the Czech Republic, and internationally. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
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