CTS Corporation (CTS)
NYSE: CTS · Real-Time Price · USD
52.75
+0.38 (0.73%)
Nov 20, 2024, 4:00 PM EST - Market closed

CTS Corporation Statistics

Total Valuation

CTS has a market cap or net worth of $1.59 billion. The enterprise value is $1.63 billion.

Market Cap 1.59B
Enterprise Value 1.63B

Important Dates

The last earnings date was Tuesday, October 29, 2024, before market open.

Earnings Date Oct 29, 2024
Ex-Dividend Date Sep 27, 2024

Share Statistics

CTS has 30.12 million shares outstanding. The number of shares has decreased by -3.00% in one year.

Current Share Class 30.12M
Shares Outstanding 30.12M
Shares Change (YoY) -3.00%
Shares Change (QoQ) -0.63%
Owned by Insiders (%) 2.50%
Owned by Institutions (%) 99.90%
Float 29.35M

Valuation Ratios

The trailing PE ratio is 27.19 and the forward PE ratio is 22.64. CTS's PEG ratio is 1.41.

PE Ratio 27.19
Forward PE 22.64
PS Ratio 3.15
Forward PS 2.69
PB Ratio 3.00
P/TBV Ratio 10.24
P/FCF Ratio 17.78
P/OCF Ratio 15.07
PEG Ratio 1.41
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.54, with an EV/FCF ratio of 18.19.

EV / Earnings 27.16
EV / Sales 3.17
EV / EBITDA 15.54
EV / EBIT 21.76
EV / FCF 18.19

Financial Position

The company has a current ratio of 2.46, with a Debt / Equity ratio of 0.25.

Current Ratio 2.46
Quick Ratio 1.78
Debt / Equity 0.25
Debt / EBITDA 1.18
Debt / FCF 1.48
Interest Coverage 19.84

Financial Efficiency

Return on equity (ROE) is 11.36% and return on invested capital (ROIC) is 7.22%.

Return on Equity (ROE) 11.36%
Return on Assets (ROA) 6.05%
Return on Capital (ROIC) 7.22%
Revenue Per Employee $125,712
Profits Per Employee $14,660
Employee Count 4,081
Asset Turnover 0.66
Inventory Turnover 5.38

Taxes

In the past 12 months, CTS has paid $11.67 million in taxes.

Income Tax 11.67M
Effective Tax Rate 16.32%

Stock Price Statistics

The stock price has increased by +32.77% in the last 52 weeks. The beta is 0.58, so CTS's price volatility has been lower than the market average.

Beta (5Y) 0.58
52-Week Price Change +32.77%
50-Day Moving Average 49.92
200-Day Moving Average 48.59
Relative Strength Index (RSI) 51.28
Average Volume (20 Days) 161,758

Short Selling Information

The latest short interest is 711,968, so 2.36% of the outstanding shares have been sold short.

Short Interest 711,968
Short Previous Month 831,865
Short % of Shares Out 2.36%
Short % of Float 2.43%
Short Ratio (days to cover) 5.87

Income Statement

In the last 12 months, CTS had revenue of $513.03 million and earned $59.83 million in profits. Earnings per share was $1.94.

Revenue 513.03M
Gross Profit 183.31M
Operating Income 74.67M
Pretax Income 67.79M
Net Income 59.83M
EBITDA 104.60M
EBIT 74.67M
Earnings Per Share (EPS) $1.94
Full Income Statement

Balance Sheet

The company has $95.54 million in cash and $132.13 million in debt, giving a net cash position of -$36.58 million or -$1.21 per share.

Cash & Cash Equivalents 95.54M
Total Debt 132.13M
Net Cash -36.58M
Net Cash Per Share -$1.21
Equity (Book Value) 530.81M
Book Value Per Share 17.59
Working Capital 151.76M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $105.40 million and capital expenditures -$16.05 million, giving a free cash flow of $89.36 million.

Operating Cash Flow 105.40M
Capital Expenditures -16.05M
Free Cash Flow 89.36M
FCF Per Share $2.97
Full Cash Flow Statement

Margins

Gross margin is 35.73%, with operating and profit margins of 14.55% and 11.66%.

Gross Margin 35.73%
Operating Margin 14.55%
Pretax Margin 13.94%
Profit Margin 11.66%
EBITDA Margin 20.39%
EBIT Margin 14.55%
FCF Margin 14.99%

Dividends & Yields

This stock pays an annual dividend of $0.16, which amounts to a dividend yield of 0.30%.

Dividend Per Share $0.16
Dividend Yield 0.30%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 8.25%
Buyback Yield 3.00%
Shareholder Yield 3.30%
Earnings Yield 3.77%
FCF Yield 5.63%
Dividend Details

Analyst Forecast

The average price target for CTS is $46.00, which is -12.80% lower than the current price. The consensus rating is "Hold".

Price Target $46.00
Price Target Difference -12.80%
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on August 13, 1999. It was a forward split with a ratio of 2:1.

Last Split Date Aug 13, 1999
Split Type Forward
Split Ratio 2:1

Scores

CTS has an Altman Z-Score of 5.59 and a Piotroski F-Score of 5.

Altman Z-Score 5.59
Piotroski F-Score 5