CTS (NYSE:CTS) Issues FY 2025 Earnings Guidance

CTS (NYSE:CTS) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.200-2.350 for the period, compared to the consensus estimate of 2.370. The company issued revenue guidance of $520.0 million-$550.0 million, compared to the consensus revenue estimate of $551.6 million.

CTS Trading Up 2.7 %

Shares of CTS stock traded up $1.27 during trading hours on Wednesday, hitting $48.34. The company had a trading volume of 51,459 shares, compared to its average volume of 131,570. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.91. The stock has a market capitalization of $1.46 billion, a PE ratio of 24.91 and a beta of 0.59. The company’s fifty day moving average is $52.94 and its 200 day moving average is $50.58. CTS has a fifty-two week low of $42.20 and a fifty-two week high of $59.68.

CTS (NYSE:CTS) last posted its quarterly earnings data on Tuesday, February 4th. The electronics maker reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.06). CTS had a net margin of 11.66% and a return on equity of 12.39%. Research analysts expect that CTS will post 2.15 earnings per share for the current fiscal year.

CTS Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, December 27th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date was Friday, December 27th. CTS’s dividend payout ratio (DPR) is currently 8.25%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Scotiabank downgraded shares of CTS from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. StockNews.com raised CTS from a “hold” rating to a “buy” rating in a research note on Saturday.

Insider Buying and Selling at CTS

In other CTS news, CEO Kieran M. O’sullivan sold 12,794 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $55.50, for a total transaction of $710,067.00. Following the transaction, the chief executive officer now owns 400,456 shares in the company, valued at approximately $22,225,308. The trade was a 3.10 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last three months, insiders have sold 59,956 shares of company stock worth $3,331,185. 2.30% of the stock is owned by company insiders.

About CTS

CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides encoders, rotary position sensors, slide potentiometers, industrial and commercial rotary potentiometers. It also provides non-contacting, and contacting pedals; and eBrake pedals.