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CTS Stock Price, News & Analysis

CTS NYSE

Company Description

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.

Stock Performance

$40.05
-0.32%
0.13
Last updated: April 25, 2025 at 04:17
20.8 %
Performance 1 year
$1.1B
Market Cap
30.0M
Shares outstanding

SEC Filings

No SEC filings available for CTS.

Financial Highlights

$515,771,000
Revenue (TTM)
$58,114,000
Net Income (TTM)
$1.89
Diluted EPS (TTM)
$99,289,000
Operating Cash Flow
11.27%
Net Profit Margin
14.11%
Oper. Profit Margin

Upcoming Events

April 30, 2025
Q1 2025 earnings release
April 30, 2025
Q1 2025 earnings call

Frequently Asked Questions

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

The current stock price of CTS (CTS) is $40.18 as of April 24, 2025.

What is the market cap of CTS (CTS)?

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

What is the revenue (TTM) of CTS (CTS) stock?

The trailing twelve months (TTM) revenue of CTS (CTS) is $515,771,000.

What is the net income of CTS (CTS)?

The trailing twelve months (TTM) net income of CTS (CTS) is $58,114,000.

What is the earnings per share (EPS) of CTS (CTS)?

The diluted earnings per share (EPS) of CTS (CTS) is $1.89 on a trailing twelve months (TTM) basis.

What is the operating cash flow of CTS (CTS)?

The operating cash flow of CTS (CTS) is $99,289,000.

What is the profit margin of CTS (CTS)?

The net profit margin of CTS (CTS) is 11.27%.

What is the operating margin of CTS (CTS)?

The operating profit margin of CTS (CTS) is 14.11%.

What is the gross margin of CTS (CTS)?

The gross profit margin of CTS (CTS) is 36.67%.

What is the current ratio of CTS (CTS)?

The current ratio of CTS (CTS) is 2.50, indicating the company's ability to pay short-term obligations.

What is the gross profit of CTS (CTS)?

The gross profit of CTS (CTS) is $189,150,000 on a trailing twelve months (TTM) basis.

What is the operating income of CTS (CTS)?

The operating income of CTS (CTS) is $72,780,000.

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.