CTS Corp (NYSE: CTS) has reported earnings for its third fiscal quarter (ending September 30) of $0.62 versus $0.45 for the same period a year ago — an increase of 38%. For the latest four quarters through September 30, E.P.S. were $1.95 versus $1.91 for the same period a year ago — an increase of 2%.
Recent Price Action
CTS Corp (NYSE: CTS) stock enjoyed a large increase of 2.5% on 10/29/24. The stock closed at $49.73. Moreover, trading volume in this advance was unusually high at 171% of normal. The stock has performed in line with the market over the last nine months and has risen 5.3% during the last week.
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 (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CTS has a slightly negative Appreciation Score of 34 but a slightly positive Power Rating of 60, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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