Press coverage about CTS Corporation (NYSE:CTS) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CTS Corporation earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the electronics maker an impact score of 46.9788169190359 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Critical Survey: CTS Corporation (CTS) and its Competitors (americanbankingnews.com)
- Humidity Sensor Market Progresses for Huge Profits During 2015 – 2021 (sbwire.com)
- BRIEF-Rabobank sells its 9.74% stake in Van Lanschot Kempen (feeds.reuters.com)
- New report shares details about the Global fuel level sensor market research for 2017 (whatech.com)
- CTS Corporation (CTS) vs. Kemet Corporation (KEM) Financial Contrast (americanbankingnews.com)
Shares of CTS Corporation (NYSE:CTS) opened at 22.65 on Tuesday. The firm has a market capitalization of $745.93 million, a PE ratio of 24.86 and a beta of 1.21. CTS Corporation has a 12-month low of $16.35 and a 12-month high of $24.80. The stock has a 50 day moving average price of $22.23 and a 200 day moving average price of $21.66.
CTS Corporation (NYSE:CTS) last posted its earnings results on Thursday, July 27th. The electronics maker reported $0.28 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.28. The company had revenue of $105.70 million during the quarter, compared to analyst estimates of $103.31 million. CTS Corporation had a return on equity of 11.54% and a net margin of 7.49%. The business’s revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 earnings per share. Analysts predict that CTS Corporation will post $1.15 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, November 3rd. Stockholders of record on Friday, September 29th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.71%. The ex-dividend date is Thursday, September 28th. CTS Corporation’s dividend payout ratio (DPR) is presently 17.58%.
A number of analysts have weighed in on the company. BidaskClub raised CTS Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. HSBC Holdings plc cut CTS Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, June 8th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $24.50.
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About CTS Corporation
CTS Corporation is a manufacturer of sensors, electronic components and actuators. The Company designs, manufactures and sells a line of sensors, electronic components and actuators primarily to original equipment manufacturers (OEMs) for the transportation, industrial, medical, information technology, defense and aerospace, and communications markets.
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