CTS Corporation (NYSE:CTS) will be posting its quarterly earnings results before the market opens on Thursday, October 26th. Analysts expect CTS Corporation to post earnings of $0.29 per share for the quarter. CTS Corporation has set its FY17 guidance at $1.12-1.22 EPS.

CTS Corporation (NYSE:CTS) last posted its quarterly earnings data on Thursday, July 27th. The electronics maker reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. CTS Corporation had a return on equity of 11.54% and a net margin of 7.49%. The business had revenue of $105.70 million for the quarter, compared to the consensus estimate of $103.31 million. During the same quarter in the prior year, the business earned $0.26 earnings per share. CTS Corporation’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, analysts expect CTS Corporation to post $1.14 EPS for the current fiscal year and $1.27 EPS for the next fiscal year.

CTS Corporation (NYSE CTS) opened at 25.70 on Thursday. The company has a 50-day moving average price of $23.91 and a 200 day moving average price of $22.13. CTS Corporation has a 1-year low of $16.35 and a 1-year high of $25.95. The stock has a market cap of $846.38 million, a P/E ratio of 28.21 and a beta of 1.22.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 3rd. Stockholders of record on Friday, September 29th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Thursday, September 28th. CTS Corporation’s dividend payout ratio is presently 17.58%.

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Separately, BidaskClub cut shares of CTS Corporation from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $24.50.

About CTS Corporation

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.

Earnings History for CTS Corporation (NYSE:CTS)

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