CTS (NYSE:CTS) Releases Quarterly Earnings Results, Misses Expectations By $0.06 EPS

CTS (NYSE:CTS) released its quarterly earnings data on Tuesday. The electronics maker reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.06), Zacks reports. CTS had a net margin of 11.66% and a return on equity of 12.39%. CTS updated its FY 2025 guidance to 2.200-2.350 EPS.

CTS Stock Up 2.0 %

CTS stock opened at $48.01 on Thursday. The company has a market capitalization of $1.45 billion, a PE ratio of 24.77 and a beta of 0.59. CTS has a 12-month low of $42.20 and a 12-month high of $59.68. The firm’s fifty day moving average is $52.94 and its 200 day moving average is $50.58. The company has a quick ratio of 1.91, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Scotiabank downgraded shares of CTS from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. StockNews.com raised CTS from a “hold” rating to a “buy” rating in a report on Saturday, February 1st.

Insider Transactions at CTS

In related news, CEO Kieran M. O’sullivan sold 6,690 shares of CTS stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $55.83, for a total value of $373,502.70. Following the sale, the chief executive officer now owns 375,643 shares of the company’s stock, valued at approximately $20,972,148.69. The trade was a 1.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 59,956 shares of company stock valued at $3,331,185 over the last ninety days. 2.30% of the stock is currently owned by insiders.

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.