CTS Corporation with ticker code (CTS) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 55 and 41 suggesting an average Analsyt target price of $46.50. Now with the previous closing price of $46.03 this is indicating there is a potential upside of 1.0%. The 50 day MA is $45.01 and the 200 day MA is $42.13. The total market capitalization for the company now stands at $1,435m. Visit the company website at: https://www.ctscorp.com
The potential market cap would be $1,449m based on the market consensus.
CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity components for telecommunications infrastructure, information technology, and other high-speed applications; switches, temperature sensors, and potentiometers supplied to multiple markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. In addition, the company sells and markets its products through its sales engineers, independent manufacturers’ representatives, and distributors. CTS Corporation was founded in 1896 and is headquartered in Lisle, Illinois.
The company has a dividend yield of 0.35% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 24.49, revenue per share of 18.36 and a 8.93% return on assets.
