CTS also announced that its Board of Directors approved a new share repurchase program that authorizes the company to repurchase up to $100 million of its common stock, replacing the existing program authorized in February 2023. The new share repurchase program has no scheduled termination date.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/7/2024 | $46.00 | Buy → Neutral | Sidoti |
| 2/7/2024 | $38.00 → $46.00 | Market Perform | TD Cowen |
| 11/22/2022 | $44.00 | Hold | Jefferies |
| 7/13/2022 | $43.00 | Neutral → Buy | Sidoti |
| 6/2/2022 | $43.00 | Buy → Neutral | Sidoti |
| 1/31/2022 | $40.00 | Neutral → Buy | Sidoti |
| 11/12/2021 | $14.00 → $13.00 | Buy | Canaccord Genuity |
| 10/14/2021 | $40.00 → $34.00 | Outperform → Market Perform | Cowen & Co. |
SC 13G/A - CTS CORP (0000026058) (Subject)
SC 13G - CTS CORP (0000026058) (Subject)
SC 13G/A - CTS CORP (0000026058) (Subject)
LISLE, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE:CTS) has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on January 31, 2025, to shareholders of record at the close of business on December 27, 2024. About CTS CTS Corporation (NYSE:CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS manufactures sensors, actuators and electronic components in North America, Europe and Asia, and provides engineered products to customers in the aerospace/defense, industrial, medical and transportation markets. For more information, visit www.ctscorp.com. Cont
LISLE, Ill., Oct. 29, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE:CTS), a leading global designer and manufacturer of custom engineered solutions that "Sense, Connect and Move," today announced third quarter 2024 results. "We delivered improved earnings and generated stronger cash flow in the third quarter. Margins expanded as we made progress on operational improvements," said Kieran O'Sullivan, CEO of CTS Corporation. "Near term market conditions remain challenging. We continue to advance our diversification strategy through the expansion of our customer base and end markets. We remain committed to a disciplined capital structure to drive organic growth, strategic acquisitions and re
LISLE, Ill., Oct. 14, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE:CTS) will release its earnings for the third quarter 2024 at approximately 8:00 a.m. (ET) on Tuesday, October 29, 2024. A conference call to discuss third quarter 2024 results with management is scheduled for Tuesday, October 29, 2024 at 10:00 a.m. (ET). The dial-in numbers for access from the U.S. are: +1-833-470-1428 (Toll-Free) and +1-404-975-4839 (Local), if calling from outside the U.S., please refer to Global Dial In Numbers to identify the applicable dial-in number for your location. The passcode is 230766. A live audio webcast of the conference call will be available and can be accessed directly from the Investo
LISLE, Ill., Feb. 08, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE:CTS), a leading global designer and manufacturer of custom engineered solutions that "Sense, Connect and Move," today announced that Amy M. Dodrill has been appointed to its board of directors, effective February 8, 2024, and will serve as a member of the nominating, governance and sustainability and technology and transactions committees. Ms. Dodrill comes to CTS with over 25 years of experience in medical and technology companies and a proven track record of successfully leading and profitably growing global businesses serving key end markets. Ms. Dodrill most recently served as President of Baxter's Global Surgical
TORONTO and GATINEAU, QC, June 20, 2023 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX:CTS) (FSE: 0ZB) (OTCQX:CTSDF) a services-led, software-enabled, IT & Cloud Solutions provider, is pleased to announce the results of its annual general meeting of shareholders held on Tuesday, June 20th 2023. The results of the vote at the Company's virtual annual meeting of shareholders held earlier today are set forth below. i. Election of Directors By resolution passed via ballot, the following seven nominees were elected as Directors of Converge to
LISLE, Ill., Feb. 09, 2023 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE:CTS), a leading global designer and manufacturer of custom engineered solutions that "Sense, Connect and Move," today announced that Randy Stone has been appointed to its board of directors, effective February 9, 2023. Mr. Stone comes to CTS with over 30 years of experience in advanced materials and a proven track record of successfully leading and profitably growing global businesses serving key end markets. Mr. Stone most recently served as President of DuPont's Mobility and Materials segment, a $5 billion global enterprise with leadership positions in electronics, industrial, consumer and transportation markets. Under
LISLE, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CTS Corporation (NYSE:CTS) has declared a cash dividend of $0.04 per share on outstanding shares of common stock, without par value, to be paid on January 31, 2025, to shareholders of record at the close of business on December 27, 2024. About CTS CTS Corporation (NYSE:CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS manufactures sensors, actuators and electronic components in North America, Europe and Asia, and provides engineered products to customers in the aerospace/defense, industrial, medical and transportation markets. For more information, visit www.ctscorp.com. Cont
LISLE, Ill., Nov. 05, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE:CTS), announced today that Kieran O'Sullivan, President and Chief Executive Officer, will participate in the Baird 2024 Global Industrial Conference on November 12, 2024, at 8:20 a.m. (EST). The conference will be held at The Ritz-Carlton Chicago. More information about the event can be found on the Baird Conferences website at https://www.meetmax.com/sched/event_112337/conference_home.html About CTS CTS Corporation (NYSE:CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS manufactures sensors, actuators and electronic components in North America, Europe and Asia, and provides eng
LISLE, Ill., Oct. 29, 2024 (GLOBE NEWSWIRE) -- CTS Corporation (NYSE:CTS), a leading global designer and manufacturer of custom engineered solutions that "Sense, Connect and Move," today announced third quarter 2024 results. "We delivered improved earnings and generated stronger cash flow in the third quarter. Margins expanded as we made progress on operational improvements," said Kieran O'Sullivan, CEO of CTS Corporation. "Near term market conditions remain challenging. We continue to advance our diversification strategy through the expansion of our customer base and end markets. We remain committed to a disciplined capital structure to drive organic growth, strategic acquisitions and re
10-Q - CTS CORP (0000026058) (Filer)
8-K - CTS CORP (0000026058) (Filer)
8-K - CTS CORP (0000026058) (Filer)
CTS (NYSE:CTS) released its Q1 earnings on Wednesday, May 1, 2024 at 08:00 AM. Here's what's important from the earnings announcement. Earnings CTS beat estimated earnings by 15.0%, reporting an EPS of $0.47 versus an estimate of $0.41. Revenue was down $20.24 million from the same period last year. Past Earnings Performance The company beat on EPS by $0.01 in the previous quarter, leading to a 7.000000000000001% drop share price change the next day. Here's a look at CTS's past performance: Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 EPS Estimate 0.41 0.46 0.56 0.53 0.58 EPS Actual 0.47 0.47 0.54 0.59 0.61 Revenue Estimate 126.75M 124.51M 142.07M 146.07M 142.84M Revenue Actu
Companies Reporting Before The Bell • CTS (NYSE:CTS) is estimated to report quarterly earnings at $0.14 per share on revenue of $708.85 million. • Foot Locker (NYSE:FL) is likely to report quarterly earnings at $0.32 per share on revenue of $2.28 billion. • JD.com (NASDAQ:JD) is likely to report quarterly earnings at $0.63 per share on revenue of $42.16 billion. • Super Group (SGHC) (NYSE:SGHC) is expected to report quarterly earnings at $0.01 per share on revenue of $326.63 million. • Sotherly Hotels (NASDAQ:SOHO) is projected to report earnings for its fourth quarter. • Thor Industries (NYSE:THO) is estimated to report quarterly earnings at $0.67 per share on revenue of $2.27 billion
Sidoti & Co. analyst John Franzreb downgrades CTS (NYSE:CTS) from Buy to Neutral and announces $46 price target.
Sidoti downgraded CTS Corp from Buy to Neutral and set a new price target of $46.00
TD Cowen reiterated coverage of CTS Corp with a rating of Market Perform and set a new price target of $46.00 from $38.00 previously
Jefferies initiated coverage of CTS Corp with a rating of Hold and set a new price target of $44.00
4 - CTS CORP (0000026058) (Issuer)
4 - CTS CORP (0000026058) (Issuer)
4 - CTS CORP (0000026058) (Issuer)