CTS (NYSE:CTS) Updates FY 2026 Earnings Guidance

CTS (NYSE:CTS) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.350-2.450 for the period, compared to the consensus earnings per share estimate of 2.410. The company issued revenue guidance of $560.0 million-$580.0 million, compared to the consensus revenue estimate of $565.7 million.

CTS Stock Performance

CTS opened at $57.80 on Friday. The business has a fifty day simple moving average of $51.16 and a 200 day simple moving average of $47.54. The company has a market capitalization of $1.66 billion, a PE ratio of 24.85, a price-to-earnings-growth ratio of 1.41 and a beta of 0.93. CTS has a 1 year low of $36.03 and a 1 year high of $59.66. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.52 and a quick ratio of 1.82.

CTS (NYSE:CTS) last released its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.10. CTS had a net margin of 12.46% and a return on equity of 12.90%. The business had revenue of $139.23 million for the quarter, compared to analyst estimates of $136.83 million. CTS has set its FY 2026 guidance at 2.350-2.450 EPS. Research analysts expect that CTS will post 2.41 EPS for the current year.

CTS Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Friday, March 27th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.16 annualized dividend and a dividend yield of 0.3%. CTS’s dividend payout ratio (DPR) is currently 7.31%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on CTS shares. Wall Street Zen upgraded CTS from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CTS in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

More CTS News

Here are the key news stories impacting CTS this week:

• Positive Sentiment: Q1 results beat consensus — CTS reported $0.62 EPS and $139.2M revenue, topping estimates and showing broad-based growth, which is the primary near-term catalyst for the stock rally. CTS (CTS) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Raised / slightly above FY guidance — CTS set FY2026 adjusted EPS guidance of $2.35–$2.45 and revenue guidance of $560M–$580M, roughly in line to modestly above consensus, supporting confidence in forward earnings. CTS outlines 2026 guidance of $560M-$580M sales and $2.35-$2.45 adjusted EPS
• Positive Sentiment: Sidoti raises longer‑term estimates — Sidoti lifted FY2027 estimates substantially (to $2.89 from $2.71) and nudged FY2026 to $2.43, indicating an improved medium‑term view that likely underpins investor enthusiasm.
• Neutral Sentiment: Company commentary and materials — Management held an earnings call and released slides/press release that emphasized diversified market growth and narrowed outlook; these materials provide color but largely reinforce the beat and guidance. CTS Announces First Quarter 2026 Results
• Neutral Sentiment: Analyst and media coverage — Multiple transcripts and summaries (Seeking Alpha, TipRanks, Seeking Alpha slide deck) are circulating; useful for detail but largely repeat the beat/guidance story. CTS Q1 2026 Earnings Call Transcript
• Negative Sentiment: Sidoti cut several near‑term quarterly estimates — the same Sidoti note reduced Q1 2027 (to $0.55 from $0.59), Q3/Q4 2026 and trimmed Q2/Q3 2026/2027 by small amounts, introducing some near‑term earnings uncertainty despite stronger FY views.

Institutional Investors Weigh In On CTS

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its stake in CTS by 11.2% in the first quarter. Royal Bank of Canada now owns 7,036 shares of the electronics maker’s stock valued at $292,000 after buying an additional 710 shares in the last quarter. Entropy Technologies LP acquired a new stake in shares of CTS during the third quarter valued at about $341,000. Captrust Financial Advisors grew its holdings in shares of CTS by 12.1% during the second quarter. Captrust Financial Advisors now owns 8,113 shares of the electronics maker’s stock worth $346,000 after purchasing an additional 876 shares during the last quarter. AQR Capital Management LLC boosted its position in CTS by 19.4% during the 1st quarter. AQR Capital Management LLC now owns 9,576 shares of the electronics maker’s stock worth $398,000 after buying an additional 1,558 shares during the period. Finally, Amundi boosted its holdings in CTS by 9.7% in the first quarter. Amundi now owns 11,542 shares of the electronics maker’s stock valued at $480,000 after acquiring an additional 1,019 shares during the last quarter. 96.87% of the stock is currently owned by institutional investors.

About CTS

CTS Corporation (NYSE:CTS) is a global manufacturer and supplier of electronic components and sensors, headquartered in Lisle, Illinois. Established in 1896 as the Chicago Telephone Supply Company, the firm has evolved over more than a century to become a diversified provider of high-precision products for a wide range of end markets.

The company’s core business encompasses the design, development and production of sensors and actuators, frequency control devices such as quartz crystals and filters, multilayer ceramic capacitors, and inductive components.