CTS (NYSE:CTS) Issues FY 2025 Earnings Guidance

CTS (NYSE:CTS) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.200-2.350 for the period, compared to the consensus earnings per share estimate of 2.370. The company issued revenue guidance of $520.0 million-$550.0 million, compared to the consensus revenue estimate of $551.6 million.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Scotiabank cut CTS from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. StockNews.com raised shares of CTS from a “hold” rating to a “buy” rating in a report on Saturday, February 1st.

CTS Trading Down 0.8 %

CTS stock traded down $0.39 during trading on Thursday, hitting $47.58. The company had a trading volume of 100,530 shares, compared to its average volume of 136,181. The business has a 50-day moving average of $52.94 and a 200-day moving average of $50.58. CTS has a one year low of $42.20 and a one year high of $59.68. The stock has a market cap of $1.43 billion, a PE ratio of 24.54 and a beta of 0.59. The company has a current ratio of 2.46, a quick ratio of 1.91 and a debt-to-equity ratio of 0.19.

CTS (NYSE:CTS) last posted its quarterly earnings data on Tuesday, February 4th. The electronics maker reported $0.53 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.06). CTS had a net margin of 11.66% and a return on equity of 12.39%. Research analysts predict that CTS will post 2.15 earnings per share for the current fiscal year.

Insider Activity at CTS

In related news, CEO Kieran M. O’sullivan sold 31,978 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $55.81, for a total transaction of $1,784,692.18. Following the transaction, the chief executive officer now directly owns 423,665 shares of the company’s stock, valued at $23,644,743.65. This represents a 7.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 59,956 shares of company stock worth $3,331,185 in the last 90 days. Corporate insiders own 2.30% of the company’s stock.

About CTS

CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides encoders, rotary position sensors, slide potentiometers, industrial and commercial rotary potentiometers. It also provides non-contacting, and contacting pedals; and eBrake pedals.