Cts Corp Story

CTS -- USA Stock

USD 32.20 0.88 2.81%

Macroaxis Story

CTS Cash and Equivalents Turnover is relatively stable at the moment as compared to the past year. CTS reported last year Cash and Equivalents Turnover of 5.36. As of 02/09/2021, Revenue to Assets is likely to grow to 0.97, while Average Assets are likely to drop slightly above 669.4 M. CTS Corporation is scheduled to announce its earnings today. As many risky investors are excited about technology space, it is only fair to sum up CTS Corporation based on its current volatility. We will evaluate why we are still confident in anticipation of a recovery. The company moves indifferently to market moves. We can now discuss CTS as a potential investment option for your portfolios.

Published over two weeks ago

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Should you drop your stake in CTS (NYSE:CTS)?

Our advice module can be used to complement CTS investment recommendation provided by average analyst sentiment. It analyzes the company's potential to grow using fundamental, technical, data market data available now. CTS dividends can provide a clue to the current value of the stock. The firm one year expected dividend income is about $0.08 per share.

Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Cts Corp income statement, its balance sheet, and the statement of cash flows. Potential Cts Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Cts Corp investors may use each financial statement separately, they are all related. The changes in Cts Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cts Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

The goal of Cts Corp fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Cts Corp performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Cts Corp shares is the value that is considered the true value of the share. If the intrinsic value Cts Corp is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Cts Corp.

Please read more on our fundamental analysis page.

What is Cts Corp Asset Breakdown?

Cts Corp reports assets on its Balance Sheet. It represents the amount of Cts Corp resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Cts Corp volatility, please check the breakdown of all its fundamentals

Are Cts Corp Earnings Expected to grow?

The future earnings power of Cts Corp involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Cts Corp factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Cts Corp stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Cts Corp expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Cts Corp earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Cts Corp dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Cts Corp one year expected dividend income is about $0.08 per share.

As of 02/26/2021, Dividend Yield is likely to grow to 0.006032, while Payment of Dividends and Other Cash Distributions is likely to drop (5.1 M).

	Last Reported	Projected for 2021
Payment of Dividends and Other Cash Distributions	-4.7 M	-5.1 M
Dividend Yield	0.0045	0.006032
Dividends per Basic Common Share	0.18	0.18

Investing in dividend-paying stocks, such as Cts Corp is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Cts Corp must own a stock before its ex-dividend date to receive its next dividend.

This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Cts Corp. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

Cts Corp Gross Profit

Cts Corp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Cts Corp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Cts Corp Gross Profit growth over the last 10 years.

Please check Gross Profit in more details.

Is Cts Corp valued sensibly by the market?

Institutional investor usually refers to an organization that invests money in CTS on behalf of clients or other money managers. Buying and selling of large positions of CTS stock by institutional investors can create supply and demand imbalances that result in sudden price moves of CTS stock. Let's take a look at how the ownership of CTS is distributed among investors.

Ownership Allocation

CTS holds a total of thirty-two million two hundred seventy thousand outstanding shares. The majority of CTS Corporation outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CTS Corporation to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in CTS. Please pay attention to any change in the institutional holdings of CTS Corporation as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Institutions

96.54%

	Retail Investors	1.13
	Insiders	2.33
	Institutions	96.54

	2018	2019	2020	2021 (projected)
Receivables	79.52 M	78.01 M	89.71 M	89.98 M
Inventories	43.49 M	42.24 M	48.57 M	53.75 M

Receivables Inventories

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. CTS has an asset utilization ratio of 86.08 percent. This connotes that the company is making $0.86 for each dollar of assets. An increasing asset utilization means that CTS Corporation is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets

218.1 M

Assets Non Current

401.2 M

Goodwill

237.3 M

Current Assets	218.09 Million	24.93
Assets Non Current	401.17 Million	45.85
Goodwill	237.33 Million	27.13
Tax Assets	18.28 Million	2.09

Will CTS retail investors exit after the fall?

Latest downside variance is at 7.03. CTS Corporation currently demonstrates below-verage downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.26. However, we do advice investors to further question CTS Corporation expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Conclusion on CTS

While many of the other players under the electronic components industry are still a bit expensive, CTS may offer a potential longer-term growth to retail investors. The inconsistency in the assessment between current CTS valuation and our trade advice on CTS is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to CTS.

About Contributor

Raphi Shpitalnik is a Junior Member of Macroaxs Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time base at the beginning of the pandemic and eventually acquired a real test for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Cts Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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