CTS Stock Target Price and Analyst Consensus

CTS Stock  USD 43.10  0.70  1.60%   
The current analyst and expert consensus on CTS is Hold, with no strong buy opinions. The current projected CTS target price consensus is 44.33 with 3 analyst opinions. The most common way CTS Corporation analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview CTS executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on CTS. We encourage you to use your own analysis of CTS Corporation to validate this buy or sell advice. CTS buy-or-sell recommendation module provides average expert sentiment on the projected CTS Corporation target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on CTS to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
40.34
Highest Forecast
49.21
Target Price
44.33
At this time, CTS's Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.15 in 2024, whereas Gross Profit is likely to drop slightly above 130.6 M in 2024. At this time, CTS's Good Will is comparatively stable compared to the past year. Total Permanent Equity is likely to gain to about 415.1 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 80.5 M in 2024.
  
It's important to approach CTS's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

CTS Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. CTS target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. CTS's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   3  Hold
Most CTS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand CTS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of CTS Corporation, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

CTS Target Price Projection

CTS's current and average target prices are 43.10 and 44.33, respectively. The current price of CTS is the price at which CTS Corporation is currently trading. On the other hand, CTS's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

CTS Market Quote on 18th of April 2024

Low Price43.06Odds
High Price43.96Odds

43.1

Target Price

Analyst Consensus On CTS Target Price

Low Estimate40.34Odds
High Estimate49.21Odds

44.33

Historical Lowest Forecast  40.34 Target Price  44.33 Highest Forecast  49.21
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on CTS Corporation and the information provided on this page.

CTS Analyst Ratings

CTS's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about CTS stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of CTS's financials, market performance, and future outlook by experienced professionals. CTS's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize CTS price targets

CTS's stock target price is an estimate of its future price, usually made by analysts. Using CTS's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at CTS's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if CTS's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional CTS Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of CTS is a key component of CTS valuation and have some predictive power on the future returns of a CTS.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CTS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
41.5943.9046.21
Details
Intrinsic
Valuation
LowRealHigh
41.8144.1246.43
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.390.430.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CTS. Your research has to be compared to or analyzed against CTS's peers to derive any actionable benefits. When done correctly, CTS's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CTS Corporation.

Trending Themes

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Momentum Idea
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When determining whether CTS Corporation is a strong investment it is important to analyze CTS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CTS's future performance. For an informed investment choice regarding CTS Stock, refer to the following important reports:
Check out Macroaxis Advice on CTS to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running CTS's price analysis, check to measure CTS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.
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The data published in CTS's official financial statements usually reflect CTS's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of CTS Corporation. For example, before you start analyzing numbers published by CTS accountants, it's critical to develop an understanding of what CTS's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of CTS's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CTS's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in CTS's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CTS Corporation. Please utilize our Beneish M Score to check the likelihood of CTS's management manipulating its earnings.