image
Technology - Hardware, Equipment & Parts - NYSE - US
$ 53.16
-1.66 %
$ 1.6 B
Market Cap
27.4
P/E
1. INTRINSIC VALUE

CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. In addition, the company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.[ Read More ]

The intrinsic value of one CTS stock under the base case scenario is HIDDEN Compared to the current market price of 53.2 USD, CTS Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CTS

image
FINANCIALS
550 M REVENUE
-6.21%
75.1 M OPERATING INCOME
36.24%
60.5 M NET INCOME
1.61%
88.8 M OPERATING CASH FLOW
-26.72%
-18.1 M INVESTING CASH FLOW
83.72%
-65.4 M FINANCING CASH FLOW
-1508.28%
132 M REVENUE
1.79%
21.5 M OPERATING INCOME
11.45%
18.7 M NET INCOME
27.03%
35.4 M OPERATING CASH FLOW
80.32%
-126 M INVESTING CASH FLOW
-2612.59%
24.6 M FINANCING CASH FLOW
255.96%
Balance Sheet Decomposition CTS Corporation
image
Current Assets 319 M
Cash & Short-Term Investments 164 M
Receivables 78.6 M
Other Current Assets 76.9 M
Non-Current Assets 422 M
Long-Term Investments 706 K
PP&E 119 M
Other Non-Current Assets 302 M
Current Liabilities 97 M
Accounts Payable 43.5 M
Short-Term Debt 8.79 M
Other Current Liabilities 44.8 M
Non-Current Liabilities 117 M
Long-Term Debt 92.5 M
Other Non-Current Liabilities 24.8 M
EFFICIENCY
Earnings Waterfall CTS Corporation
image
Revenue 550 M
Cost Of Revenue 360 M
Gross Profit 191 M
Operating Expenses 109 M
Operating Income 75.1 M
Other Expenses 14.5 M
Net Income 60.5 M
RATIOS
34.68% GROSS MARGIN
34.68%
13.64% OPERATING MARGIN
13.64%
11.00% NET MARGIN
11.00%
11.49% ROE
11.49%
8.17% ROA
8.17%
10.10% ROIC
10.10%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis CTS Corporation
image
Net Income 60.5 M
Depreciation & Amortization 28.7 M
Capital Expenditures -14.7 M
Stock-Based Compensation 5.18 M
Change in Working Capital -3.54 M
Others -6.76 M
Free Cash Flow 74.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets CTS Corporation
image
CTS has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.08% DIVIDEND YIELD
0.04 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership CTS Corporation
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
300 K USD 1
6-9 MONTHS
3.48 M USD 2
9-12 MONTHS
753 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
5 months ago
May 24, 2024
Sell 300 K USD
Baumeister Martin
Senior Vice President
- 5733
52.39 USD
6 months ago
Apr 29, 2024
Sell 290 K USD
O'SULLIVAN KIERAN M
President & CEO
- 6179
47 USD
6 months ago
Apr 30, 2024
Sell 459 K USD
O'SULLIVAN KIERAN M
President & CEO
- 9771
47.0163 USD
6 months ago
May 01, 2024
Sell 1.31 M USD
O'SULLIVAN KIERAN M
President & CEO
- 27905
47.1109 USD
6 months ago
Apr 29, 2024
Sell 75.4 K USD
Agrawal Ashish
CFO
- 1604
47 USD
6 months ago
Apr 30, 2024
Sell 75.2 K USD
Agrawal Ashish
CFO
- 1600
47.0056 USD
6 months ago
May 01, 2024
Sell 211 K USD
Agrawal Ashish
CFO
- 4495
47.0325 USD
7 months ago
Apr 11, 2024
Sell 37.6 K USD
Agrawal Ashish
CFO
- 800
47 USD
7 months ago
Apr 11, 2024
Sell 97 K USD
O'SULLIVAN KIERAN M
President & CEO
- 2064
47 USD
7 months ago
Apr 01, 2024
Sell 3.52 K USD
O'SULLIVAN KIERAN M
President & CEO
- 75
47 USD
7 months ago
Mar 28, 2024
Sell 212 K USD
Agrawal Ashish
CFO
- 4504
47.1 USD
7 months ago
Mar 28, 2024
Sell 706 K USD
O'SULLIVAN KIERAN M
President & CEO
- 14976
47.1273 USD
9 months ago
Feb 06, 2024
Sell 564 K USD
Agrawal Ashish
CFO
- 11997
47 USD
9 months ago
Feb 06, 2024
Sell 190 K USD
O'SULLIVAN KIERAN M
President & CEO
- 4030
47.0239 USD
1 year ago
Feb 02, 2023
Sell 751 K USD
O'SULLIVAN KIERAN M
President & CEO
- 15979
47.0002 USD
1 year ago
Feb 03, 2023
Sell 1.2 M USD
O'SULLIVAN KIERAN M
President & CEO
- 25471
47.0416 USD
1 year ago
Jan 26, 2023
Sell 1.6 K USD
O'SULLIVAN KIERAN M
President & CEO
- 34
47 USD
1 year ago
Jan 23, 2023
Sell 129 K USD
O'SULLIVAN KIERAN M
President & CEO
- 2746
47.0008 USD
1 year ago
Jan 24, 2023
Sell 10.1 K USD
O'SULLIVAN KIERAN M
President & CEO
- 215
47 USD
2 years ago
May 24, 2022
Sell 157 K USD
Li Ye Jane
director:
- 4200
37.3045 USD
3 years ago
Nov 05, 2021
Sell 774 K USD
Agrawal Ashish
CFO
- 20600
37.59 USD
3 years ago
Nov 08, 2021
Sell 355 K USD
Agrawal Ashish
CFO
- 9400
37.81 USD
3 years ago
Nov 04, 2021
Sell 11.2 K USD
O'SULLIVAN KIERAN M
President & CEO
- 300
37.5 USD
3 years ago
Nov 05, 2021
Sell 1.21 M USD
O'SULLIVAN KIERAN M
President & CEO
- 32215
37.54 USD
3 years ago
Jun 18, 2021
Sell 33.2 USD
Agrawal Ashish
CFO
- 0.9014
36.88 USD
4 years ago
Mar 13, 2020
Bought 20.8 K USD
Zulueta Alfonso G
Director
+ 940
22.17 USD
4 years ago
Mar 12, 2020
Bought 18.6 K USD
Zulueta Alfonso G
Director
+ 863
21.59 USD
4 years ago
Mar 11, 2020
Bought 20.2 K USD
Zulueta Alfonso G
Director
+ 860
23.45 USD
4 years ago
Mar 10, 2020
Bought 20 K USD
Zulueta Alfonso G
Director
+ 850
23.51 USD
4 years ago
Mar 09, 2020
Bought 20 K USD
Zulueta Alfonso G
Director
+ 900
22.19 USD
6 years ago
Nov 02, 2018
Bought 1.18 K USD
Agrawal Ashish
CFO
+ 43
27.49 USD
6 years ago
Aug 31, 2018
Sell 364 K USD
O'SULLIVAN KIERAN M
President & CEO
- 10000
36.42 USD
8 years ago
Aug 02, 2016
Sell 43.3 K USD
Agrawal Ashish
CFO
- 2250
19.25 USD
8 years ago
Jun 23, 2016
Sell 217 K USD
O'SULLIVAN KIERAN M
President & CEO
- 12000
18.05 USD
9 years ago
Oct 26, 2015
Sell 960 USD
Agrawal Ashish
CFO
- 48
20.01 USD
9 years ago
May 04, 2015
Sell 139 K USD
CATLOW WALTER S
Director
- 7720
17.99 USD
9 years ago
May 04, 2015
Sell 36.2 K USD
CATLOW WALTER S
Director
- 2000
18.12 USD
9 years ago
Feb 27, 2015
Sell 96.4 K USD
O'SULLIVAN KIERAN M
Chairman, President & CEO
- 5501
17.52 USD
9 years ago
Feb 27, 2015
Sell 16.5 K USD
Agrawal Ashish
Vice President & CFO
- 937
17.56 USD
9 years ago
Feb 27, 2015
Sell 4.14 K USD
PATTON ROBERT JOSEPH
V.P., Secretary & Gen. Counsel
- 236
17.56 USD
10 years ago
Feb 13, 2014
Sell 14.3 K USD
CIANCIA LAWRENCE J
Director
- 785
18.2313 USD
11 years ago
Jan 11, 2013
Sell 82.1 K USD
CIANCIA LAWRENCE J
Director
- 7700
10.6678 USD
11 years ago
Apr 30, 2013
Sell 104 K USD
KHILNANI VINOD M
Executive Chairman
- 10000
10.4467 USD
11 years ago
May 01, 2013
Sell 43.3 K USD
KHILNANI VINOD M
Executive Chairman
- 4166
10.3988 USD
11 years ago
Apr 29, 2013
Sell 105 K USD
KHILNANI VINOD M
Executive Chairman
- 10000
10.5011 USD
11 years ago
Apr 01, 2013
Sell 43.2 K USD
KHILNANI VINOD M
Executive Chairman
- 4166
10.3589 USD
11 years ago
Mar 08, 2013
Sell 4.52 K USD
KHILNANI VINOD M
Executive Chairman
- 441
10.25 USD
11 years ago
Mar 12, 2013
Sell 38.2 K USD
KHILNANI VINOD M
Executive Chairman
- 3725
10.25 USD
11 years ago
Jan 18, 2013
Sell 43.4 K USD
HENNING MICHAEL A
Director
- 4113
10.54 USD
11 years ago
Jan 22, 2013
Sell 37.9 K USD
HENNING MICHAEL A
Director
- 3587
10.57 USD
11 years ago
Jan 02, 2013
Sell 6.83 K USD
KHILNANI VINOD M
Chairman, President & CEO
- 625
10.932 USD
11 years ago
Dec 24, 2012
Sell 67.6 K USD
KHILNANI VINOD M
Chairman, President & CEO
- 6625
10.2005 USD
11 years ago
Dec 18, 2012
Sell 66.2 K USD
KHILNANI VINOD M
Chairman, President & CEO
- 6625
10 USD
12 years ago
Oct 01, 2012
Sell 67.5 K USD
KHILNANI VINOD M
Chairman, President & CEO
- 6625
10.1924 USD
12 years ago
Sep 14, 2012
Sell 63 K USD
KHILNANI VINOD M
Chairman, President & CEO
- 6000
10.5 USD
12 years ago
Aug 03, 2012
Bought 1.41 K USD
THORNTON DENNIS PAUL
Senior Vice President
+ 157
8.9997 USD
12 years ago
Aug 03, 2012
Bought 897 USD
THORNTON DENNIS PAUL
Senior Vice President
+ 100
8.97 USD
12 years ago
Aug 03, 2012
Bought 2.96 K USD
THORNTON DENNIS PAUL
Senior Vice President
+ 330
8.96 USD
12 years ago
Aug 03, 2012
Bought 1.79 K USD
THORNTON DENNIS PAUL
Senior Vice President
+ 200
8.95 USD
12 years ago
Aug 03, 2012
Bought 626 USD
THORNTON DENNIS PAUL
Senior Vice President
+ 70
8.94 USD
12 years ago
Aug 03, 2012
Bought 625 USD
THORNTON DENNIS PAUL
Senior Vice President
+ 70
8.935 USD
12 years ago
Aug 03, 2012
Bought 1.27 K USD
THORNTON DENNIS PAUL
Senior Vice President
+ 142
8.93 USD
12 years ago
Aug 03, 2012
Bought 268 USD
THORNTON DENNIS PAUL
Senior Vice President
+ 30
8.925 USD
12 years ago
Aug 03, 2012
Bought 892 USD
THORNTON DENNIS PAUL
Senior Vice President
+ 100
8.92 USD
12 years ago
Aug 03, 2012
Bought 891 USD
THORNTON DENNIS PAUL
Senior Vice President
+ 100
8.91 USD
12 years ago
Aug 03, 2012
Bought 8.88 USD
THORNTON DENNIS PAUL
Senior Vice President
+ 1
8.88 USD
12 years ago
Aug 03, 2012
Bought 14.1 K USD
THORNTON DENNIS PAUL
Senior Vice President
+ 1600
8.8 USD
12 years ago
Aug 03, 2012
Bought 1.76 K USD
THORNTON DENNIS PAUL
Senior Vice President
+ 200
8.79 USD
12 years ago
Aug 03, 2012
Bought 878 USD
THORNTON DENNIS PAUL
Senior Vice President
+ 100
8.78 USD
12 years ago
Aug 03, 2012
Bought 4.38 K USD
THORNTON DENNIS PAUL
Senior Vice President
+ 500
8.77 USD
12 years ago
Aug 03, 2012
Bought 1.75 K USD
THORNTON DENNIS PAUL
Senior Vice President
+ 200
8.7699 USD
12 years ago
Aug 03, 2012
Bought 876 USD
THORNTON DENNIS PAUL
Senior Vice President
+ 100
8.76 USD
12 years ago
Jul 30, 2012
Sell 28.9 K USD
HENNING MICHAEL A
Director
- 3200
9.02 USD
12 years ago
Jul 09, 2012
Sell 30.2 K USD
CIANCIA LAWRENCE J
Director
- 3200
9.43 USD
12 years ago
Jul 09, 2012
Sell 30.2 K USD
CIANCIA LAWRENCE J
Director
- 3200
9.43 USD
12 years ago
Apr 26, 2012
Sell 47.8 K USD
CUTTER RICHARD G
Vice President & Secretary
- 4342
11 USD
12 years ago
Apr 27, 2012
Sell 6.61 K USD
CUTTER RICHARD G
Vice President & Secretary
- 600
11.01 USD
12 years ago
Apr 27, 2012
Sell 59.3 K USD
CUTTER RICHARD G
Vice President & Secretary
- 5394
11 USD
12 years ago
Apr 25, 2012
Sell 106 K USD
CUTTER RICHARD G
Vice President & Secretary
- 9664
11 USD
12 years ago
Jan 31, 2012
Sell 80.5 K USD
CUTTER RICHARD G
Vice President & Secretary
- 8000
10.065 USD
14 years ago
Oct 19, 2010
Sell 105 K USD
CUTTER RICHARD G
V.P., Secretary & Gen. Counsel
- 10000
10.5 USD
7. News
CTS Corporation Declares a Dividend LISLE, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on January 31, 2025, to shareholders of record at the close of business on December 27, 2024. globenewswire.com - 1 week ago
CTS Corporation to Participate in the Baird 2024 Global Industrial Conference LISLE, Ill., Nov. 05, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS), announced today that Kieran O'Sullivan, President and Chief Executive Officer, will participate in the Baird 2024 Global Industrial Conference on November 12, 2024, at 8:20 a.m. (EST). The conference will be held at The Ritz-Carlton Chicago. globenewswire.com - 1 week ago
CTS Corporation (CTS) Q3 2024 Earnings Call Transcript CTS Corporation (NYSE:CTS ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Kieran O'Sullivan - President & CEO Ashish Agrawal - CFO Conference Call Participants John Franzreb - Sidoti & Co. Hendi Susanto - Gabelli Funds Operator Hello everyone, and welcome to the CTS Corporation Third Quarter 2024 Earnings Call. My name is Nadia, and I'll be coordinating the call today. seekingalpha.com - 2 weeks ago
CTS Announces Third Quarter 2024 Results LISLE, Ill., Oct. 29, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS), a leading global designer and manufacturer of custom engineered solutions that “Sense, Connect and Move,” today announced third quarter 2024 results. globenewswire.com - 2 weeks ago
CTS Corporation Announces Date for Third Quarter 2024 Earnings Release and Conference Call LISLE, Ill., Oct. 14, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) will release its earnings for the third quarter 2024 at approximately 8:00 a.m. (ET) on Tuesday, October 29, 2024. globenewswire.com - 1 month ago
CTS Corporation to Participate in the Sidoti Small Cap Conference LISLE, Ill., Sept. 06, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS), announced today that Kieran O'Sullivan, President and Chief Executive Officer, will participate in the Sidoti Small Cap Conference on September 18, 2024, at 4 p.m. (EDT). The conference will be held virtually. You may access a live webcast of the event using this link. globenewswire.com - 2 months ago
Blue Biofuels Produces Ethanol in High Yield from Multiple Feedstocks in its Upscaled CTS Process Blue Biofuels Inc. Achieves Major Milestone in Commercializing Cellulose-to-Sugar (CTS) Technology with Cellulosic Ethanol from Multiple Feedstocks globenewswire.com - 2 months ago
CTS Corporation Declares a Dividend LISLE, Ill., Aug. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE: CTS) has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on October 25, 2024, to shareholders of record at the close of business on September 27, 2024. globenewswire.com - 3 months ago
Converge Technology Solutions Announces Participation in the Canaccord Genuity 44th Annual Growth Conference TORONTO and GATINEAU, QC, Aug. 6, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) is pleased to announce its participation in the Canaccord Genuity 44th Annual Growth Conference. The conference will take place in Boston, MA and brings together institutional investors from across the globe with some of the best and most promising growth companies in core sectors - Technology, Healthcare & Life Sciences, Sustainability, Industrials, and Consumer & Retail. prnewswire.com - 3 months ago
CTS Corporation (CTS) Q2 2024 Earnings Call Transcript CTS Corporation (NYSE:CTS ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Kieran O'Sullivan - President & CEO Ashish Agrawal - CFO Conference Call Participants Joshua Buchalter - TD Cowen John Franzreb - Sidoti & Company Hendi Susanto - Gabelli Funds Operator Good morning or good afternoon, all. Welcome to the CTS Corporation Second Quarter 2024 Conference Call. seekingalpha.com - 3 months ago
CTS Corporation Announces Date for Second Quarter 2024 Earnings Release and Conference Call LISLE, Ill., July 16, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE: CTS) will release its earnings for the second quarter 2024 at approximately 8:00 a.m. (ET) on Tuesday, July 30, 2024. globenewswire.com - 4 months ago
Blue Biofuels Receives Canadian Patent on CTS Process PALM BEACH GARDENS, FL, May 21, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF). Blue Biofuels, Inc., (“the Company”) is pleased to announce that it has received a Notice of Allowance in Canada for the primary patent on its CTS process, #3,121,695 “System to Convert Cellulosic Materials into Sugar and Method of Using the Same.” The Company previously received the primary patent in the United States, Japan, and El Salvador, and we anticipate receiving it in the EU and the rest of the world soon. globenewswire.com - 5 months ago
8. Profile Summary

CTS Corporation CTS

image
COUNTRY US
INDUSTRY Hardware, Equipment & Parts
MARKET CAP $ 1.6 B
Dividend Yield 0.08%
Description CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. In addition, the company sells and markets its products through its sales engineers, independent manufacturers' representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
Contact 4925 Indiana Avenue, Lisle, IL, 60532 https://www.ctscorp.com
IPO Date March 17, 1980
Employees 4081
Officers Mr. Kieran M. O'Sullivan Chairman, President & Chief Executive Officer Mr. Mitchell J. Walorski Director of Investor Relations Mr. Ashish Agrawal Vice President, Chief Financial Officer & Principal Accounting Officer Mr. Scott L. D'Angelo Vice President, General Counsel & Secretary Pratik Trivedi Senior Vice President Mr. Martin Baumeister Senior Vice President