Brokers Set Expectations for CTS’s Q3 Earnings (NYSE:CTS)

CTS Corporation (NYSE:CTS) – Sidoti increased their Q3 2026 EPS estimates for shares of CTS in a report issued on Wednesday, July 29th. Sidoti analyst J. Franzreb now anticipates that the electronics maker will earn $0.68 per share for the quarter, up from their previous forecast of $0.65. The consensus estimate for CTS’s current full-year earnings is $2.63 per share. Sidoti also issued estimates for CTS’s Q4 2026 earnings at $0.69 EPS, FY2026 earnings at $2.72 EPS, Q1 2027 earnings at $0.56 EPS, Q3 2027 earnings at $0.69 EPS, Q4 2027 earnings at $1.05 EPS and FY2027 earnings at $2.98 EPS.

A number of other equities analysts have also weighed in on CTS. Zacks Research lowered CTS from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CTS in a report on Tuesday, May 26th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

CTS Price Performance

NYSE:CTS opened at $61.46 on Thursday. The firm’s fifty day moving average is $63.28 and its two-hundred day moving average is $56.31. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 25.82, a PEG ratio of 1.54 and a beta of 1.04. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.98 and a current ratio of 2.61. CTS has a one year low of $36.03 and a one year high of $69.55.

CTS (NYSE:CTS) last issued its earnings results on Tuesday, July 28th. The electronics maker reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.13. CTS had a net margin of 12.37% and a return on equity of 13.48%. The firm had revenue of $144.78 million during the quarter, compared to analysts’ expectations of $143.43 million. During the same quarter last year, the company posted $0.62 earnings per share. CTS has set its FY 2026 guidance at 2.550-2.700 EPS.

CTS Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, June 26th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, June 26th. CTS’s dividend payout ratio (DPR) is currently 6.72%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its position in shares of CTS by 29.6% in the second quarter. GAMMA Investing LLC now owns 1,046 shares of the electronics maker’s stock worth $68,000 after acquiring an additional 239 shares during the period. Parallel Advisors LLC grew its position in shares of CTS by 308.5% during the 1st quarter. Parallel Advisors LLC now owns 1,401 shares of the electronics maker’s stock valued at $67,000 after acquiring an additional 1,058 shares during the period. Royal Bank of Canada grew its position in shares of CTS by 11.2% during the 1st quarter. Royal Bank of Canada now owns 7,036 shares of the electronics maker’s stock valued at $292,000 after acquiring an additional 710 shares during the period. Entropy Technologies LP purchased a new position in shares of CTS in the 1st quarter valued at about $387,000. Finally, Captrust Financial Advisors increased its stake in shares of CTS by 12.1% in the 2nd quarter. Captrust Financial Advisors now owns 8,113 shares of the electronics maker’s stock valued at $346,000 after purchasing an additional 876 shares in the last quarter. Hedge funds and other institutional investors own 96.87% of the company’s stock.

Key CTS News

Here are the key news stories impacting CTS this week:

• Positive Sentiment: Better-than-expected Q2 results: CTS reported adjusted EPS of $0.74, exceeding the $0.61 analyst consensus, while revenue reached $144.8 million versus expectations of $143.4 million. Revenue increased 7% year over year, and adjusted gross margin expanded to 41.5% from 38.7%. CTS Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Raised 2026 guidance: Management increased its adjusted EPS outlook to $2.55-$2.70 from $2.35-$2.45 and lifted its sales forecast to $565 million-$585 million. The updated EPS range is above the prior analyst consensus of $2.43. CTS Raises 2026 Outlook
• Positive Sentiment: Analyst estimates improved: Sidoti raised its FY2026 EPS forecast to $2.72 from $2.43 and its FY2027 estimate to $2.98 from $2.89. The firm also increased estimates for Q3 and Q4 2026 and Q1 and Q4 2027, suggesting stronger expected earnings momentum. CTS Analyst Estimates
• Neutral Sentiment: Growth is becoming more diversified: Sales in industrial, aerospace and defense, and medical markets rose 15% and represented 59% of revenue. Operating cash flow also improved to $33.4 million, but transportation sales declined 2%, indicating continued weakness in a major end market. CTS Reports Second Quarter Results
• Negative Sentiment: One estimate was trimmed: Sidoti lowered its Q3 2027 EPS forecast to $0.69 from $0.71, highlighting some uncertainty in the medium-term earnings trajectory. At roughly 26 times earnings, the stock may also require continued earnings beats to support further upside.

About CTS

CTS Corporation (NYSE:CTS) is a global manufacturer and supplier of electronic components and sensors, headquartered in Lisle, Illinois. Established in 1896 as the Chicago Telephone Supply Company, the firm has evolved over more than a century to become a diversified provider of high-precision products for a wide range of end markets.

The company’s core business encompasses the design, development and production of sensors and actuators, frequency control devices such as quartz crystals and filters, multilayer ceramic capacitors, and inductive components.