STOCK TITAN

CTS Corp - CTS STOCK NEWS

Welcome to our dedicated page for CTS news (Ticker: CTS), a resource for investors and traders seeking the latest updates and insights on CTS stock.

Overview of CTS Corp

CTS Corp is a globally recognized designer and manufacturer of sensors, actuators, and electronic components that serve a wide array of original equipment manufacturers (OEMs). Operating in diverse sectors including aerospace, defense, industrial, information technology, medical, telecommunications, and transportation, the company offers products that empower smarter, connected, and dynamic systems. With manufacturing facilities across North America, Europe, and Asia, CTS Corp provides a broad portfolio of solutions that enable integrated, reliable, and efficient operations in complex environments.

Core Business Areas and Market Segments

The firm’s core business is built on the design, development, and production of advanced sensing and motion devices. It plays a critical role in the electronics industry by delivering key components that appear in numerous high-technology applications. Its product range includes sensors, actuators, and connectivity devices that are tailored to meet the exacting standards of OEMs in sectors such as:

  • Aerospace and Defense
  • Industrial Automation
  • Information Technology
  • Medical Equipment
  • Telecommunications
  • Transportation

This diversified presence ensures that CTS Corp is well positioned to meet the needs of various market segments and maintain operational resilience across fluctuating industry demands.

Business Model and Operational Dynamics

CTS Corp generates revenue primarily through the direct sale of its technologically advanced components to OEMs. The company’s business model is characterized by:

  • Innovative Product Development: A consistent focus on research and development underpins its product strategy, ensuring that CTS remains at the forefront of technological advancements in sensing and motion solutions.
  • Global Manufacturing Network: With facilities strategically located in major regions, the company benefits from diversified production capabilities that enhance supply chain stability and market responsiveness.
  • Customer-Centric Engineering: Collaborating closely with OEMs to tailor solutions that meet precise technical specifications, thereby solidifying its reputation as a dependable partner.

The company’s strategic emphasis on innovation and quality control has enabled it to navigate competitive pressures and regulatory complexities. By integrating deep technical knowledge with agile production strategies, CTS maintains consistent operational performance even in challenging market conditions.

Industry Position and Competitive Landscape

In a competitive and fast-evolving electronics market, CTS Corp distinguishes itself through its focused investments in next-generation sensing and connectivity solutions. Its ability to blend precise engineering with scalable manufacturing practices positions it as a key player among competitors in both established and emerging markets. Rather than relying solely on volume, the company places a premium on technical excellence, reliability, and adaptive product design — factors that resonate strongly with OEMs seeking to integrate durable and efficient components into their systems.

Technical Expertise and Product Application

CTS Corp’s product lineup is designed with a keen understanding of current and future industry challenges. Its sensors and actuators are integral to systems that require precise monitoring and dynamic control, aspects that are vital in high-performance sectors like aerospace and defense. Furthermore, by leveraging advanced process technologies, the company ensures that its products meet rigorous safety, performance, and quality standards. Such commitment to technical excellence cements CTS Corp’s authority and trustworthiness among industry stakeholders.

Diversification and Global Reach

Geographically diverse operations afford CTS Corp the flexibility to serve a global customer base while maintaining high standards of production and innovation. The company has effectively abolished reliance on any single market by establishing robust manufacturing and support networks in multiple continents. This strategic diversification not only underpins its reputation in the global electronics industry but also contributes to its ability to adapt to evolving market conditions and regulatory environments.

Conclusion

CTS Corp stands as a comprehensive provider of sensors, actuators, and electronic components, underpinned by a commitment to innovation and quality. Its extensive expertise in serving a breadth of industries, coupled with a globally integrated operational framework, reinforces its reputation as an essential partner for OEMs seeking high-performance, reliable technology solutions. The company’s enduring focus on sensing, connectivity, and motion continues to influence various high-technology markets and drive operational excellence through state-of-the-art engineering practices.

Rhea-AI Summary
CTS Corporation (NYSE: CTS) President and CEO, Kieran O’Sullivan, to participate in the 26th Annual Needham Growth Conference on January 17, 2024, at 3:45 PM (EDT). The event will be live webcasted and available for replay on the company's website for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
Tags
conferences
-
News
Rhea-AI Summary
CTS Corporation (NYSE: CTS) has declared a cash dividend of $0.04 per share on outstanding shares of common stock. The dividend will be paid on January 26, 2024, to shareholders of record as of December 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
dividends
-
News
Rhea-AI Summary
CTS Corporation announces third quarter 2023 results with sales down 11% year-over-year. Net income increases to $14 million, and diluted earnings per share rise to $0.44. Adjusted EBITDA margin improves to 22.5%. Operating cash flow decreases to $22 million. CTS updates its guidance for sales and adjusted diluted EPS for 2023 due to continued headwinds in industrial and distribution end markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
Rhea-AI Summary
CTS Corporation to release Q3 2023 earnings on October 26, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.93%
Tags
-
Rhea-AI Summary
CTS Corporation CEO to participate at Sidoti Virtual Small Cap Investor Conference on September 20, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
conferences
-
News
Rhea-AI Summary
CTS Corporation declares cash dividend of $0.04 per share on outstanding common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.45%
Tags
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
dividends
News
Rhea-AI Summary

CTS Corporation (NYSE: CTS) reported its first quarter 2023 results, revealing a 1.2% decrease in sales year-over-year, totaling $146.0 million. While sales to non-transportation markets rose by 4.6%, transportation sector sales fell 6.1%. Net income was $18.3 million, down from $20.2 million a year prior, with earnings per share at $0.58, compared to $0.63 in Q1 2022. The adjusted EBITDA margin also declined to 21.9% from 23.5%. Operating cash flow dropped to $11.2 million from $19.3 million a year ago. CTS maintains its 2023 guidance, forecasting sales between $580 and $640 million and adjusted diluted EPS of $2.40 to $2.70. The company emphasizes its ongoing strategic focus amid challenging macroeconomic conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
Tags
none

FAQ

What is the current stock price of CTS (CTS)?

The current stock price of CTS (CTS) is $37.58 as of April 17, 2025.

What is the market cap of CTS (CTS)?

The market cap of CTS (CTS) is approximately 1.1B.

What does CTS Corp specialize in?

CTS Corp specializes in designing and manufacturing sensors, actuators, and electronic components for OEMs across diverse sectors including aerospace, defense, and industrial applications.

Which industries are served by CTS Corp?

The company serves a broad range of industries such as aerospace, defense, information technology, medical, telecommunications, and transportation.

How does CTS Corp generate its revenue?

Revenue is generated primarily through the sale of its advanced sensing and motion solutions directly to OEMs, supported by a strong global manufacturing presence.

What distinguishes CTS Corp in a competitive market?

CTS Corp is distinguished by its continuous investment in innovative product development, its robust global manufacturing network, and its commitment to high-performance, reliable engineering solutions.

Where are CTS Corp's manufacturing facilities located?

CTS Corp operates manufacturing facilities across North America, Europe, and Asia, enabling a diversified and resilient supply chain.

How does CTS Corp address customer needs?

By engaging in customer-centric engineering and closely collaborating with OEMs, CTS Corp tailors its products to meet precise technical specifications and operational demands.

What role do sensors and actuators play in CTS Corp's products?

Sensors and actuators are fundamental to the company’s product portfolio, providing the precision and dynamic control essential for applications in sectors like aerospace, defense, and industrial automation.

How does CTS Corp maintain quality in its products?

Quality is maintained through rigorous research and development, robust quality control processes, and adherence to high safety and performance standards across all product lines.
CTS Corp

NYSE:CTS

CTS Rankings

CTS Stock Data

1.11B
29.38M
2.13%
98.69%
1.34%
Electronic Components
Printed Circuit Boards
Link
United States
LISLE