CTS Corporation logo

CTS Corporation (CTS)

Common Stock · Currency in USD · XNYS

CTS Corp operates in the electronics industry. The company is a manufacturer of Sensors, Electronic components, and Actuators. It designs, manufactures, and sells a broad line of sensors, electronic components, and actuators mainly to original equipment manufacturers (OEMs) for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. Geographically, it derives a majority of its revenue from the United States and also has a presence in China, Singapore, the Czech Republic, Taiwan, Denmark, and other countries.

Company Info

SIC3672
Composite FIGIBBG000BGMC46
CIK0000026058
IPOJun 4, 1962
Sectorprinted circuit boards

Highlights

Market Cap$1.39B
EPS$1.88
P/E Ratio25.34
Revenue$556.56M
Gross Profit$221.36M
Net Income$54.75M
Employees3,492
WSO28,695,710
Phone(630) 577-8800

Related Tickers

Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in CTS Corporation, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

CTS Corporation (CTS) has returned 12.21% so far this year and 38.95% over the past 12 months. Looking at the last ten years, CTS has achieved an annualized return of 11.79%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

CTS

1M-5.94%
6M20.70%
YTD12.21%
1Y38.95%
5Y9.34%
10Y11.79%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of CTS Corporation (CTS) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
202619.34%2.77%-7.66%0.29%
2025-3.55%-10.47%-7.17%-7.64%4.74%5.37%-7.74%10.56%-4.27%5.06%1.10%2.05%
2024-5.28%8.47%4.93%-2.29%15.74%-5.33%-3.59%0.80%-0.33%2.10%10.84%-4.39%
202311.64%-3.35%13.94%-20.24%15.83%-6.10%5.38%0.68%-7.16%-10.01%3.20%12.62%
2022-9.08%12.65%-6.38%-0.90%14.89%-16.69%19.89%4.96%-0.69%-5.93%6.38%-8.13%
2021-12.38%4.38%-5.19%4.13%17.08%-3.48%-6.72%-0.14%-11.91%15.05%-2.16%2.34%
2020-2.91%-11.54%-5.33%-2.07%-6.81%-7.22%-1.24%6.09%5.41%24.50%9.21%10.39%
201911.87%12.98%-9.04%0.84%-12.30%4.55%11.54%-9.66%14.55%-17.63%1.44%9.21%
20186.18%-6.20%5.84%10.52%8.33%10.09%-3.06%5.87%-7.17%-22.28%7.68%-11.91%
2017-5.29%0.23%-4.70%3.27%-5.39%2.37%1.85%1.12%7.11%12.40%-1.09%-5.85%
20166.22%8.23%1.19%6.88%1.53%-3.68%-1.57%20.44%1.13%

Performance Indicators

The charts below present risk-adjusted performance metrics for CTS Corporation (CTS) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00CTS: 0.64SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00CTS: 0.94SPY: 1.40

Omega ratio

0.501.001.502.00CTS: 1.11SPY: 1.22

Calmar ratio

0.002.004.006.00CTS: 0.81SPY: 1.20

Martin ratio

0.001.003.00CTS: 0.17SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of CTS compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current CTS Corporation volatility is 2.49%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020201920182017201620152014201320122011
Liabilities And Equity (USD)764.31M766.11M741.17M748.49M664.46M626.05M643.35M548.34M539.70M517.70M484.13M456.93M480.27M561.18M480.82M
Equity Attributable To Parent (USD)551.79M530.85M526.82M506.22M463.58M423.68M405.22M377.93M343.81M317.88M281.65M289.79M296.73M267.76M263.30M
Equity Attributable To Noncontrolling Interest (USD)---------------
Equity (USD)551.79M530.85M526.82M506.22M463.58M423.68M405.22M377.93M343.81M317.88M281.65M289.79M296.73M267.76M263.30M
Other Non-current Liabilities (USD)------------13.42M24.89M-
Long-term Debt (USD)------------75.00M153.50M-
Noncurrent Liabilities (USD)102.84M137.71M117.31M129.73M86.82M97.44M141.19M66.42M93.48M101.69M101.13M87.16M88.42M178.39M93.28M
Other Current Liabilities (USD)40.74M39.17M38.96M39.26M40.11M41.47M39.17M37.35M41.34M46.71M53.91M25.36M27.25M32.98M27.82M
Wages (USD)20.73M15.75M14.59M20.06M18.42M12.98M9.56M14.67M11.87M11.37M7.15M11.28M20.82M14.08M15.95M
Accounts Payable (USD)48.22M42.63M43.50M53.21M55.54M50.49M48.22M51.98M49.20M40.05M40.30M43.34M47.05M67.97M80.47M
Current Liabilities (USD)109.69M97.55M97.04M112.53M114.07M104.93M96.95M103.99M102.41M98.13M101.35M79.98M95.12M115.03M124.24M
Liabilities (USD)212.53M235.26M214.35M242.26M200.88M202.37M238.14M170.41M195.89M199.82M202.48M167.14M183.54M293.42M217.52M
Other Non-current Assets (USD)421.86M427.48M329.23M325.43M278.50M295.38M171.16M110.18M129.59M137.77M92.41M73.70M94.26M64.17M27.71M
Fixed Assets (USD)89.74M94.36M92.59M97.30M96.88M97.44M105.04M99.40M88.25M82.11M69.87M71.41M74.87M93.73M84.86M
Noncurrent Assets (USD)511.61M521.84M421.82M422.73M375.37M392.82M276.19M209.58M217.84M219.88M162.28M145.11M169.13M157.89M112.57M
Other Current Assets (USD)199.85M190.70M259.32M263.50M239.58M187.36M195.24M195.87M197.01M187.06M227.38M212.51M204.04M227.81M190.85M
Inventory (USD)52.85M53.58M60.03M62.26M49.51M45.87M42.24M43.49M36.60M28.65M24.60M27.89M32.23M81.75M92.54M
Current Assets (USD)252.71M244.28M319.35M325.76M289.09M233.23M237.48M239.36M233.61M215.71M251.98M240.40M236.27M309.56M283.39M
Assets (USD)764.31M766.11M741.17M748.49M664.46M626.05M643.35M548.34M539.70M517.70M484.13M456.93M480.27M561.18M480.82M

News and Insights

CTS Corporation Declares a Dividend

CTS Corporation has declared a cash dividend of $0.04 per share on common stock, payable on April 24, 2026, to shareholders of record as of March 27, 2025. The company manufactures sensors, actuators, and electronic components for aerospace/defense, industrial, medical, and transportation markets.

Benzinga faviconBenzingaGlobe Newswire
CTS Corporation Declares a Dividend

CTS Corporation announced a cash dividend of $0.04 per share, payable on October 24, 2025, to shareholders of record as of September 26, 2025.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Ashish Agrawal
CTS Corporation Announces Date for First Quarter 2025 Earnings Release and Conference Call

CTS Corporation, a leading designer and manufacturer of sensors, actuators, and electronic components, announced its Q1 2025 earnings release and conference call details. The company also declared a cash dividend of $0.04 per share.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
CTS Corporation Declares a Dividend

CTS Corporation has declared a cash dividend of $0.04 per share, to be paid on April 25, 2025, to shareholders of record on March 28, 2025.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
Smart Materials Market Size is Poised to Grow with CAGR of 13.5% by 2031 | SkyQuest Technology

The smart materials market is projected to grow at a CAGR of 13.5% to reach $218.98 billion by 2031, driven by increasing demand for advanced materials and a focus on sustainability. The market is dominated by the actuators & motors segment and is expected to see the fastest growth in the shape memory materials segment.

Benzinga faviconBenzingaGlobe Newswire
CTS Corporation Declares a Dividend

CTS Corporation has declared a cash dividend of $0.04 per share, to be paid on January 31, 2025, to shareholders of record on December 27, 2024.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
CTS Corporation to Participate in the Baird 2024 Global Industrial Conference

CTS Corporation, a leading designer and manufacturer of sensors, actuators, and electronic components, announced that its President and CEO, Kieran O'Sullivan, will participate in the Baird 2024 Global Industrial Conference on November 12, 2024.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
CTS Announces Third Quarter 2024 Results

CTS Corporation reported improved earnings and stronger cash flow in the third quarter of 2024, with sales to diversified end markets increasing 18% year-over-year. However, the company is updating its full-year 2024 sales guidance to a lower range due to near-term market conditions.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Cts Corporation
Piezoelectric Ceramics Industry Research Report 2024: Shift Towards Smart Materials and Adaptive Systems Spurs Innovations - Global Market Forecast to 2030

The global piezoelectric ceramics market is expected to grow from $3.3 billion in 2023 to $4.8 billion by 2030, driven by increasing demand for precision sensors and actuators, advanced medical imaging technologies, and energy harvesting solutions. Manufacturers are innovating to develop lead-free and miniaturized piezoelectric ceramics to meet the evolving needs of various industries.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Researchandmarkets.Com
CTS Corporation Announces Date for Third Quarter 2024 Earnings Release and Conference Call

CTS Corporation will release its Q3 2024 earnings on October 29, 2024, and host a conference call to discuss the results. The company is a leading designer and manufacturer of sensors, actuators, and electronic components for various industries.

GlobeNewswire Inc. faviconGlobeNewswire Inc.