CTS (CTS) Given News Impact Rating of 0.08

News headlines about CTS (NYSE:CTS) have trended somewhat positive on Saturday, Alpha One Sentiment reports. The research group, a service of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CTS earned a news impact score of 0.08 on Alpha One’s scale. Alpha One also gave headlines about the electronics maker an impact score of 54 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the stock’s share price in the near term.

These are some of the headlines that may have effected Alpha One Sentiment’s scoring:

Shares of CTS (NYSE:CTS) traded down 0.24% during trading on Friday, hitting $20.60. The stock had a trading volume of 73,850 shares. The company’s 50 day moving average price is $20.91 and its 200 day moving average price is $21.75. CTS has a 52 week low of $16.35 and a 52 week high of $24.80. The company has a market capitalization of $676.73 million, a price-to-earnings ratio of 19.81 and a beta of 1.25.

CTS (NYSE:CTS) last announced its quarterly earnings results on Thursday, April 27th. The electronics maker reported $0.26 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.26. The company had revenue of $100.10 million during the quarter, compared to the consensus estimate of $100.72 million. CTS had a net margin of 8.67% and a return on equity of 11.87%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.26 earnings per share. Analysts predict that CTS will post $1.16 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 28th. Investors of record on Friday, June 23rd will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.78%. The ex-dividend date is Wednesday, June 21st. CTS’s dividend payout ratio (DPR) is currently 15.38%.

COPYRIGHT VIOLATION NOTICE: This article was first posted by sleekmoney and is the sole property of of sleekmoney. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this article can be viewed at https://sleekmoney.com/cts-cts-given-news-impact-rating-of-0-08/1839566.html.

About CTS

CTS Corporation is a manufacturer of sensors, electronic components and actuators. The Company designs, manufactures and sells a line of sensors, electronic components and actuators primarily to original equipment manufacturers (OEMs) for the transportation, industrial, medical, information technology, defense and aerospace, and communications markets.

12 Month Chart for NYSE:CTS

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/cts-cts-given-news-impact-rating-of-0-08/1839566.html

Receive News & Ratings for CTS Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CTS Co. and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *