Sidoti Has Negative Outlook for CTS Q3 Earnings

Posted by Brenda Bartman on Sep 15th, 2026

CTS Corporation (NYSE:CTS – Free Report) – Research analysts at Sidoti cut their Q3 2026 earnings estimates for shares of CTS in a note issued to investors on Thursday, September 10th. Sidoti analyst J. Franzreb now forecasts that the electronics maker will post earnings of $0.67 per share for the quarter, down from their prior estimate of $0.68. The consensus estimate for CTS’s current full-year earnings is $2.66 per share. Sidoti also issued estimates for CTS’s Q4 2026 earnings at $0.65 EPS, FY2026 earnings at $2.68 EPS, Q3 2027 earnings at $0.76 EPS, Q4 2027 earnings at $0.83 EPS and FY2027 earnings at $2.96 EPS.

CTS (NYSE:CTS – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.13. CTS had a return on equity of 13.48% and a net margin of 12.37%.The company had revenue of $144.78 million for the quarter, compared to the consensus estimate of $143.43 million. During the same quarter in the prior year, the business posted $0.62 EPS. CTS has set its FY 2026 guidance at 2.550-2.700 EPS.

Several other research firms have also issued reports on CTS. Wall Street Zen lowered CTS from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Lake Street Capital initiated coverage on shares of CTS in a research note on Wednesday, September 2nd. They set a “buy” rating and a $67.00 price objective on the stock. Zacks Research cut shares of CTS from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Barrington Research initiated coverage on shares of CTS in a research note on Thursday, September 10th. They issued an “outperform” rating and a $80.00 target price for the company. Finally, Weiss Ratings downgraded shares of CTS from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 25th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $73.50.

Get Our Latest Report on CTS

CTS Trading Down 1.4%

NYSE:CTS opened at $57.04 on Monday. CTS has a 1-year low of $36.03 and a 1-year high of $69.55. The business’s 50-day moving average price is $60.13 and its two-hundred day moving average price is $58.15. The company has a current ratio of 2.61, a quick ratio of 2.07 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 1.36 and a beta of 1.03.

CTS Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, September 25th will be given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, September 25th. CTS’s payout ratio is presently 6.72%.

Institutional Investors Weigh In On CTS

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in CTS during the second quarter worth about $293,472,000. California State Teachers Retirement System raised its position in shares of CTS by 7,474.1% in the 2nd quarter. California State Teachers Retirement System now owns 2,001,072 shares of the electronics maker’s stock valued at $130,450,000 after buying an additional 1,974,652 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of CTS during the 2nd quarter worth approximately $14,716,000. Jupiter Topco LLC bought a new stake in shares of CTS during the 2nd quarter worth approximately $11,762,000. Finally, Bank of America Corp DE bought a new stake in shares of CTS during the 2nd quarter worth approximately $9,746,000. 96.87% of the stock is currently owned by institutional investors.

About CTS

(Get Free Report)

CTS Corporation (NYSE: CTS) designs and manufactures sensors, actuators, electronic components and assemblies used in a range of industrial and commercial applications. Its products include pressure, temperature and position sensors; piezoelectric and other actuators; switches; electronic controls; frequency-control products; and custom-engineered assemblies.

The company serves customers in the transportation, aerospace and defense, industrial, medical and communications markets. CTS products are used in applications such as vehicle systems, industrial automation, medical equipment, aerospace systems and other products that require sensing, control, switching or electronic connectivity.

CTS traces its history to 1896, when it was established as Chicago Telephone Supply.