CTS Corporation Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for CTS Corporation stock has a target of 46, which predicts a decrease of -12.63% from the current stock price of 52.65.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$46	$46	$46	$46
Change	-12.63%	-12.63%	-12.63%	-12.63%

* Price targets were last updated on Feb 7, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for CTS is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '23	Oct '23	Nov '23	Dec '23	Jan '24	Feb '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Franzreb Sidoti & Co.	Sidoti & Co.	Strong Buy → Hold Downgrades $46	Strong Buy → Hold	Downgrades	$46	-12.63%	Feb 7, 2024
Justin Long Stephens & Co.	Stephens & Co.	Hold Maintains $41 → $39	Hold	Maintains	$41 → $39	-25.93%	Oct 27, 2023
Justin Long Stephens & Co.	Stephens & Co.	Hold Reiterates $40	Hold	Reiterates	$40	-24.03%	Jul 26, 2023
Justin Long Stephens & Co.	Stephens & Co.	Hold Maintains $41	Hold	Maintains	$41	-22.13%	Feb 8, 2023
David Kelley Jefferies	Jefferies	Hold Initiates $44	Hold	Initiates	$44	-16.43%	Nov 22, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

526.31M

from 550.42M

-4.38%

from 550.42M

Revenue Next Year

557.12M

from 526.31M

5.85%

from 526.31M

EPS This Year

2.20

from 1.92

14.68%

from 1.92

EPS Next Year

2.39

from 2.20

8.72%

from 2.20

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	469.00M	424.07M	512.93M	586.87M	550.42M	526.31M	557.12M	590.55M
Revenue Growth	-0.32%	-9.58%	20.95%	14.42%	-6.21%	-4.38%	5.85%	6.00%
EPS	1.09	1.06	-1.30	1.85	1.92	2.20	2.39	2.73
EPS Growth	-21.58%	-2.75%	-	-	3.78%	14.68%	8.72%	13.92%
Forward PE	-	-	-	-	-	23.91	22.00	19.31
No. Analysts	-	-	-	-	-	2	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	547.2M	579.2M	613.9M
Avg	526.3M	557.1M	590.6M
Low	510.7M	540.6M	573.0M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-0.6%	10.0%	10.2%
Avg	-4.4%	5.9%	6.0%
Low	-7.2%	2.7%	2.9%

EPS Forecast

EPS	2024	2025	2026
High	2.29	2.49	2.84
Avg	2.20	2.39	2.73
Low	2.14	2.32	2.65

EPS Growth

EPS Growth	2024	2025	2026
High	19.2%	13.0%	18.4%
Avg	14.7%	8.7%	13.9%
Low	11.3%	5.5%	10.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.