Cts Corporation Stock Buy Hold or Sell Recommendation
| CTS Stock | USD 45.64 0.15 0.33% |
Considering the 90-day investment horizon and your slightly conservative level of risk, our recommendation regarding CTS Corporation is 'Hold'. Macroaxis provides CTS buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CTS positions. The advice algorithm takes into account all of CTS's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting CTS's buy or sell advice are summarized below:
Real Value 44.8 | Target Price 44.33 | Hype Value 45.64 | Market Value 45.64 | Naive Value 45.25 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell CTS Corporation given historical horizon and risk tolerance towards CTS. When Macroaxis issues a 'buy' or 'sell' recommendation for CTS Corporation, the advice is generated through an automated system that utilizes algorithms and statistical models.
CTS |
Execute CTS Buy or Sell Advice
The CTS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CTS Corporation. Macroaxis does not own or have any residual interests in CTS Corporation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CTS's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
CTS Trading Alerts and Improvement Suggestions
| CTS Corporation is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: CTS earnings growth rate lags the 14 percent CAGR delivered to shareholders |
CTS Returns Distribution Density
The distribution of CTS's historical returns is an attempt to chart the uncertainty of CTS's future price movements. The chart of the probability distribution of CTS daily returns describes the distribution of returns around its average expected value. We use CTS Corporation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CTS returns is essential to provide solid investment advice for CTS.
| Mean Return | 0.14 | Value At Risk | -2.47 | Potential Upside | 3.47 | Standard Deviation | 2.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CTS historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
CTS Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CTS is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CTS Corporation backward and forwards among themselves. CTS's institutional investor refers to the entity that pools money to purchase CTS's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 709.8 K | Gabelli Funds Llc | 2023-12-31 | 559.5 K | London Company Of Virginia | 2023-12-31 | 525.6 K | Wasatch Advisors Lp | 2023-12-31 | 370.3 K | Charles Schwab Investment Management Inc | 2023-12-31 | 351.5 K | Bank Of New York Mellon Corp | 2023-12-31 | 342.7 K | Harvey Partners Llc | 2023-09-30 | 342.2 K | Northern Trust Corp | 2023-12-31 | 336 K | Chartwell Investment Partners, Llc | 2023-12-31 | 303.8 K | Blackrock Inc | 2023-12-31 | 5 M | Vanguard Group Inc | 2023-12-31 | 2.8 M |
CTS Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 4.4M | (578K) | (3.6M) | (8.2M) | 2.4M | 2.5M | |
| Change In Cash | (692K) | (8.5M) | 49.7M | 15.4M | 7.0M | 4.3M | |
| Free Cash Flow | 42.7M | 61.9M | 70.5M | 106.9M | 74.1M | 77.8M | |
| Depreciation | 24.6M | 26.7M | 26.9M | 29.8M | 28.7M | 25.1M | |
| Other Non Cash Items | 2.7M | 4.0M | 132.6M | 2.0M | 2.0M | 1.9M | |
| Dividends Paid | 5.2M | 5.2M | 5.2M | 5.1M | 5.0M | 4.6M | |
| Capital Expenditures | 21.7M | 14.9M | 15.6M | 14.3M | 14.7M | 18.6M | |
| Net Income | 36.1M | 34.7M | (41.9M) | 59.6M | 60.5M | 63.6M | |
| End Period Cash Flow | 100.2M | 91.8M | 141.5M | 156.9M | 163.9M | 172.1M | |
| Change To Netincome | 28.3M | 2.7M | (24.9M) | 8.2M | 9.5M | 12.3M | |
| Net Borrowings | 49.7M | (45.1M) | (4.6M) | 33.6M | 30.3M | 31.8M | |
| Investments | (95.5M) | (23.2M) | (15.9M) | (111.2M) | (20.0M) | (21.0M) |
CTS Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to CTS or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that CTS's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a CTS stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | 2.05 | |
σ | Overall volatility | 2.38 | |
Ir | Information ratio | 0.02 |
CTS Volatility Alert
CTS Corporation has relatively low volatility with skewness of 0.88 and kurtosis of 6.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CTS's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CTS's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.CTS Fundamentals Vs Peers
Comparing CTS's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze CTS's direct or indirect competition across all of the common fundamentals between CTS and the related equities. This way, we can detect undervalued stocks with similar characteristics as CTS or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of CTS's fundamental indicators could also be used in its relative valuation, which is a method of valuing CTS by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare CTS to competition |
| Fundamentals | CTS | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0688 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 1.34 B | 16.62 B |
| Shares Outstanding | 30.69 M | 571.82 M |
| Shares Owned By Insiders | 2.23 % | 10.09 % |
| Shares Owned By Institutions | 97.77 % | 39.21 % |
| Number Of Shares Shorted | 1.2 M | 4.71 M |
| Price To Earning | 32.42 X | 28.72 X |
| Price To Book | 2.68 X | 9.51 X |
| Price To Sales | 2.56 X | 11.42 X |
| Revenue | 550.42 M | 9.43 B |
| Gross Profit | 214.73 M | 27.38 B |
| EBITDA | 75.05 M | 3.9 B |
| Net Income | 60.53 M | 570.98 M |
| Cash And Equivalents | 156.91 M | 2.7 B |
| Cash Per Share | 4.64 X | 5.01 X |
| Total Debt | 96.86 M | 5.32 B |
| Debt To Equity | 0.23 % | 48.70 % |
| Current Ratio | 2.68 X | 2.16 X |
| Book Value Per Share | 17.09 X | 1.93 K |
| Cash Flow From Operations | 88.81 M | 971.22 M |
| Short Ratio | 10.27 X | 4.00 X |
| Earnings Per Share | 1.92 X | 3.12 X |
| Price To Earnings To Growth | 2.05 X | 4.89 X |
| Target Price | 44.67 | |
| Number Of Employees | 4.08 K | 18.84 K |
| Beta | 0.62 | -0.15 |
| Market Capitalization | 1.4 B | 19.03 B |
| Total Asset | 741.17 M | 29.47 B |
| Retained Earnings | 602.23 M | 9.33 B |
| Working Capital | 222.31 M | 1.48 B |
Note: Disposition of 2064 shares by Osullivan Kieran M of CTS at 47.0 subject to Rule 16b-3 [view details]
CTS Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CTS . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About CTS Buy or Sell Advice
When is the right time to buy or sell CTS Corporation? Buying financial instruments such as CTS Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 74.7M | 109.4M | 96.9M | 80.5M | Total Assets | 664.5M | 748.5M | 741.2M | 469.8M |
Use Investing Ideas to Build Portfolios
In addition to having CTS in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Driverless Cars
It encompasses large technology companies, automotive makers, security firms, and thematic ETFs across multiple industries. These entities are directly or indirectly involved in shaping the development and marketing of self-driving vehicles. The Driverless Cars theme has 36 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Driverless Cars Theme or any other thematic opportunities.
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Check out CTS Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running CTS's price analysis, check to measure CTS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.
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Is CTS's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CTS. If investors know CTS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CTS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.044 | Dividend Share 0.16 | Earnings Share 1.92 | Revenue Per Share 17.552 | Quarterly Revenue Growth (0.12) |
The market value of CTS Corporation is measured differently than its book value, which is the value of CTS that is recorded on the company's balance sheet. Investors also form their own opinion of CTS's value that differs from its market value or its book value, called intrinsic value, which is CTS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CTS's market value can be influenced by many factors that don't directly affect CTS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CTS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CTS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CTS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.