CTS Corporation which can be found using ticker (CTS) now have 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 55 and 41 calculating the average target price we see $46.50. Given that the stocks previous close was at $44.73 this would indicate that there is a potential upside of 4.0%. There is a 50 day moving average of $44.95 and the 200 day MA is $41.83. The company has a market capitalization of $1,443m. Visit the company website at: https://www.ctscorp.com
The potential market cap would be $1,501m 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 0.36% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 24.64, revenue per share of 18.36 and a 8.93% return on assets.
