Sidoti Issues Pessimistic Estimate for CTS Earnings

CTS Corporation (NYSE:CTS) – Research analysts at Sidoti lowered their Q3 2026 earnings estimates for CTS in a report released on Thursday, September 10th. Sidoti analyst J. Franzreb now forecasts that the electronics maker will post earnings per share of $0.67 for the quarter, down from their previous estimate of $0.68. The consensus estimate for CTS’s current full-year earnings is $2.66 per share. Sidoti also issued estimates for CTS’s Q4 2026 earnings at $0.65 EPS, FY2026 earnings at $2.68 EPS, Q3 2027 earnings at $0.76 EPS, Q4 2027 earnings at $0.83 EPS and FY2027 earnings at $2.96 EPS.

CTS has been the subject of a number of other reports. Barrington Research began coverage on shares of CTS in a research report on Thursday, September 10th. They issued an “outperform” rating and a $80.00 price objective for the company. Wall Street Zen cut CTS from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings downgraded CTS from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 25th. Lake Street Capital assumed coverage on CTS in a report on Wednesday, September 2nd. They issued a “buy” rating and a $67.00 price target for the company. Finally, Zacks Research lowered CTS from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, CTS currently has an average rating of “Moderate Buy” and an average target price of $73.50.

CTS Price Performance

CTS opened at $56.72 on Monday. CTS has a twelve month low of $36.03 and a twelve month high of $69.55. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 23.83, a PEG ratio of 1.34 and a beta of 1.03. The company has a current ratio of 2.61, a quick ratio of 2.07 and a debt-to-equity ratio of 0.10. The company has a fifty day simple moving average of $60.08 and a 200 day simple moving average of $58.18.

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

Institutional Trading of CTS

Several large investors have recently added to or reduced their stakes in CTS. BlackRock Inc. bought a new position in CTS in the 2nd quarter valued at about $293,472,000. Bank of New York Mellon Corp bought a new stake in shares of CTS during the 2nd quarter worth about $14,716,000. Jupiter Topco LLC bought a new stake in shares of CTS during the 2nd quarter worth about $11,762,000. Bank of America Corp DE acquired a new stake in shares of CTS in the 2nd quarter worth approximately $9,746,000. Finally, Heartland Advisors Inc. acquired a new stake in shares of CTS in the 2nd quarter worth approximately $7,034,000. 96.87% of the stock is currently owned by institutional investors and hedge funds.

CTS Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, September 25th will be paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, September 25th. CTS’s dividend payout ratio is presently 6.72%.

About CTS

CTS Corporation (NYSE: CTS) designs and manufactures sensors, actuators, electronic components and assemblies used in a range of industrial and commercial applications. Its products include pressure, temperature and position sensors; piezoelectric and other actuators; switches; electronic controls; frequency-control products; and custom-engineered assemblies.

The company serves customers in the transportation, aerospace and defense, industrial, medical and communications markets. CTS products are used in applications such as vehicle systems, industrial automation, medical equipment, aerospace systems and other products that require sensing, control, switching or electronic connectivity.

CTS traces its history to 1896, when it was established as Chicago Telephone Supply.