CTS Corporation with ticker code (CTS) now have 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 49 and 41 calculating the average target price we see $45.00. Given that the stocks previous close was at $46.10 this would indicate that there is a downside of -2.4%. The 50 day moving average now sits at $44.80 and the 200 day moving average is $41.25. The company has a market capitalization of $1,480m. Visit the company website at: https://www.ctscorp.com
The potential market cap would be $1,445m 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 25.26, revenue per share of 18.36 and a 8.93% return on assets.
