Recent notable negative changes in fundamentals have affected CTS Corp (NYSE: CTS): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Important negative changes in CTS Corp (NYSE: CTS) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CTS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
CTS has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CTS has a poor Appreciation Score of 30 but a good Power Rating of 81, triggering the Neutral Value Trend Rating.
Recent Price Action
On 9/4/24, CTS Corp (NYSE: CTS) stock declined slightly by -0.7%, closing at $46.58. However, trading volume in this decline was below average at 73% of normal. The stock has been strong relative to the market over the last nine months but has declined -6.0% during the last week.
Be the first to comment