CTS Corporation (CTS)
NYSE: CTS · IEX Real-Time Price · USD
49.29
+0.24 (0.49%)
Jul 2, 2024, 4:00 PM EDT - Market closed
CTS Corporation Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CTS Corporation stock have an average target of 42.5, with a low estimate of 39 and a high estimate of 46. The average target predicts a decrease of -13.78% from the current stock price of 49.29.
Analyst Consensus: Hold
* Price targets were last updated on Feb 7, 2024.
Analyst Ratings
The average analyst rating for CTS stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades $46 | Strong Buy → Hold | Downgrades | $46 | -6.67% | Feb 7, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $41 → $39 | Hold | Maintains | $41 → $39 | -20.88% | Oct 27, 2023 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $40 | Hold | Reiterates | $40 | -18.85% | Jul 26, 2023 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $41 | Hold | Maintains | $41 | -16.82% | Feb 8, 2023 |
| Jefferies | Jefferies | Hold Initiates $44 | Hold | Initiates | $44 | -10.73% | Nov 22, 2022 |
Financial Forecast
Revenue This Year
555.68M
from 550.42M
Increased by 0.96%
Revenue Next Year
601.28M
from 555.68M
Increased by 8.21%
EPS This Year
2.26
from 1.92
Increased by 17.94%
EPS Next Year
2.59
from 2.26
Increased by 14.41%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 589.5M | 625.3M |
| Avg | 555.7M | 601.3M |
| Low | 528.2M | 583.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 7.1% | 12.5% |
| Avg | 1.0% | 8.2% |
| Low | -4.0% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.38 | 2.71 |
| Avg | 2.26 | 2.59 |
| Low | 2.18 | 2.50 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 23.8% | 19.6% |
| Avg | 17.9% | 14.4% |
| Low | 13.3% | 10.4% |
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.