CTS Corp (NYSE: CTS) stock enjoyed a major increase of 12.2% on 11/6/24. The shares closed at $58.97. Moreover, trading volume in this advance was unusually high at 164% of normal. The stock has performed in line with the market over the last nine months and has risen 18.6% 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 consistent signals from two proprietary PTR measures of a stock’s attractiveness. CTS has a slightly negative Appreciation Score of 30 and a neutral Power Rating of 60, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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