Media coverage about CTS Corporation (NYSE:CTS) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CTS Corporation earned a news impact score of 0.12 on Accern’s scale. Accern also gave media headlines about the electronics maker an impact score of 46.9684219684826 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the media headlines that may have impacted Accern’s analysis:

Several equities analysts recently commented on CTS shares. HSBC Holdings plc lowered shares of CTS Corporation from a “buy” rating to a “hold” rating in a report on Thursday, June 8th. BidaskClub lowered shares of CTS Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 31st. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. CTS Corporation presently has an average rating of “Hold” and an average target price of $24.50.

Shares of CTS Corporation (NYSE CTS) opened at 22.60 on Monday. The company has a market cap of $744.29 million, a price-to-earnings ratio of 24.81 and a beta of 1.21. CTS Corporation has a one year low of $16.35 and a one year high of $24.80. The firm has a 50-day moving average of $22.29 and a 200-day moving average of $21.68.

CTS Corporation (NYSE:CTS) last released its quarterly earnings results on Thursday, July 27th. The electronics maker reported $0.28 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.28. The company had revenue of $105.70 million for the quarter, compared to the consensus estimate of $103.31 million. CTS Corporation had a net margin of 7.49% and a return on equity of 11.54%. CTS Corporation’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.26 earnings per share. Equities research analysts forecast that CTS Corporation will post $1.15 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 3rd. Stockholders of record on Friday, September 29th will be paid a $0.04 dividend. 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 is currently 17.58%.

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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.

Insider Buying and Selling by Quarter for CTS Corporation (NYSE:CTS)

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