Cts Corporation Stock Today
| CTS Stock | USD 45.47 0.50 1.09% |
Performance5 of 100
| Odds Of DistressLess than 1
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CTS is selling for under 45.47 as of the 16th of April 2024; that is -1.09% down since the beginning of the trading day. The stock's lowest day price was 45.05. CTS has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for CTS Corporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 5th of November 1987 | Category Technology | Classification Information Technology |
CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois. Cts Corp operates under Electronic Components classification in the United States and is traded on New York Stock Exchange. The company has 30.69 M outstanding shares of which 1.2 M shares are currently shorted by investors with about 10.27 days to cover. More on CTS Corporation
Follow Valuation Options Odds of Bankruptcy
Financial Report 25th of April 2024
CTS Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CTS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CTS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Kieran OSullivan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Electronic Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Converge Technology Solutions Corp, AVIC International Holdings Limited] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NYSE Composite, SP Small-Cap 600, WSE WIG INDEX, VN All Shares, VN Index, Electronic Equipment, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering CTS report their recommendations after researching CTS's financial statements, talking to executives and customers, or listening in on CTS's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering CTS Corporation. The CTS consensus assessment is calculated by taking the average forecast from all of the analysts covering CTS. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to CTS's liquidity, profitability, solvency, and operating efficiency, CTS Corporation is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of CTS Corporation is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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CTS's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CTS's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CTS's financial leverage. It provides some insight into what part of CTS's total assets is financed by creditors.
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CTS Corporation (CTS) is traded on New York Stock Exchange in USA. It is located in 4925 Indiana Avenue, Lisle, IL, United States, 60532 and employs 4,081 people. CTS is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CTS's market, we take the total number of its shares issued and multiply it by CTS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CTS Corporation runs under Electronic Equipment, Instruments & Components sector within Information Technology industry. The entity has 30.69 M outstanding shares of which 1.2 M shares are currently shorted by investors with about 10.27 days to cover.
CTS Corporation has about 156.91 M in cash with 88.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.64.
Check CTS Probability Of Bankruptcy
Ownership AllocationCTS Corporation retains a total of 30.69 Million outstanding shares. The majority of CTS Corporation outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CTS Corporation to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in CTS. Please pay attention to any change in the institutional holdings of CTS Corporation as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check CTS Ownership Details
CTS Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of CTS jumping above the current price in 90 days from now is about 48.66%. The CTS Corporation probability density function shows the probability of CTS stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.8045 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CTS will likely underperform. Additionally, cTS Corporation has an alpha of 0.2845, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of CTS to move above the current price in 90 days from now is about 48.66 (This CTS Corporation probability density function shows the probability of CTS Stock to fall within a particular range of prices over 90 days) .
CTS Stock Institutional Holders
Institutional Holdings refers to the ownership stake in CTS that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CTS's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CTS's value.| Instituion | Recorded On | 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 Inc. | 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 Historical Income Statement
CTS Corporation Income Statement is one of the three primary financial statements used for reporting CTS's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CTS Corporation revenue and expense. CTS Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CTS's Net Interest Income is comparatively stable compared to the past year. View More FundamentalsCTS Stock Against Markets
Picking the right benchmark for CTS stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CTS stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CTS is critical whether you are bullish or bearish towards CTS Corporation at a given time. Please also check how CTS's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in CTS without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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CTS Corporate Directors
CTS corporate directors refer to members of a CTS board of directors. The board of directors generally takes responsibility for the CTS's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CTS's board members must vote for the resolution. The CTS board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lawrence Ciancia | Independent Director | Profile | |
| William Johnson | Independent Director | Profile | |
| Donna Costello | Independent Director | Profile | |
| Patricia Collawn | Independent Director | Profile |
How to buy CTS Stock?
Before investing in CTS, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CTS. To buy CTS stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CTS. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CTS stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CTS Corporation stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CTS Corporation stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CTS Corporation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy CTS Stock please use our How to Invest in CTS guide.
Already Invested in CTS Corporation?
The danger of trading CTS Corporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CTS is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CTS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CTS Corporation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CTS Corporation is a strong investment it is important to analyze CTS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CTS's future performance. For an informed investment choice regarding CTS Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CTS Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for CTS Stock analysis
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.