Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy CTS Corporation stock | 31.74

Own CTS Corporation stock in just a few minutes.

Posted

Fact checked

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.

How to buy shares in CTS Corporation

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Decide on how many to buy. At last close price of USD$31.74, 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.
  6. 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.

How has coronavirus impacted CTS Corporation's share price?

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.

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 2020-10-20.
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
PE ratio 39.0152
Dividend yield USD$0.16 (0.62%)
Earnings per share (TTM) USD$0.659

Buy CTS Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Vanguard
$0
Stocks, Mutual funds, ETFs, Forex
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, Index funds, ETFs, Futures, Cash
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

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.

CTS Corporation price performance over time

Historical closes compared with the close of $31.74 from 2020-11-16

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%

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 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 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$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.

CTS Corporation financials

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%
Profit margin 5.13%
Book value $12.424
Market capitalisation USD$831.5 million

TTM: trailing 12 months

Shorting CTS Corporation shares

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)

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.

CTS Corporation share dividends

16%

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").

Have CTS Corporation's shares ever split?

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.

CTS Corporation share price volatility

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".

CTS.US volatility(beta: 0.81)Avg. volatility(beta: 1.00)LowHigh

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 overview

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.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site