CTS Corp. Hits New 52-Week High at $15.74 (CTS)
Shares of CTS Corp. (NYSE:CTS) hit a new 52-week high during trading on Friday, AnalystRatingsNetwork.com reports. The stock traded as high as $15.74 and last traded at $15.53, with a volume of 128,412 shares trading hands. The stock had previously closed at $15.49.
CTS Corp. has a one year low of $7.70 and a one year high of $15.72. The stock has a 50-day moving average of $14.54 and a 200-day moving average of $12.62. The company has a market cap of $524.9 million and a P/E ratio of 74.83.
CTS Corp. (NYSE:CTS) last posted its quarterly earnings results on Monday, July 22nd. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. The company had revenue of $151.60 million for the quarter, compared to the consensus estimate of $155.90 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was down 1.8% on a year-over-year basis. On average, analysts predict that CTS Corp. will post $0.80 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, November 1st. Stockholders of record on Friday, September 27th will be given a dividend of $0.04 per share. This represents a $0.14 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Wednesday, September 25th.
CTS Corporation (NYSE:CTS) is a global manufacturer of electronic components and sensors and a supplier of electronics manufacturing services.
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