CTS Corporation Increases Stock Holdings by 3101 Shares
January 30, 2023
Trending News ☀️
CTS ($NYSE:CTS) Corporation is a global provider of electronics manufacturing solutions and services. The company’s products are used in a wide range of industries, including automotive, medical, industrial, and consumer electronics. Recently, CTS Corporation has increased its stock holdings by 3101 shares, as revealed in a recent filing with the Securities & Exchange Commission. The increased stock holdings show that CTS Corporation is continuing to invest in its long-term success. This move demonstrates the company’s commitment to financial stability, as well as its dedication to providing customers with quality products and services.
Additionally, it is an indication of the company’s faith in its ability to succeed in an increasingly competitive market. CTS Corporation is committed to providing innovative solutions for its customers. The company’s continued investment in its stock holdings indicates that it is dedicated to maintaining its position as a leader in the electronics manufacturing industry. This increased focus on stock holdings shows that CTS Corporation is confident in its ability to thrive in the future. With this increased stock holdings, CTS Corporation is well-positioned to continue providing quality products and services for years to come.
Stock Price
CTS Corporation recently increased their stock holdings by 3101 shares, and the media coverage surrounding this move has been largely positive. On Tuesday, the stock opened at $46.4, however, by the end of the day it had gone down to $46.2, a 1.6% decrease from its prior closing price of $47.0. This decrease was likely due to the ongoing uncertainty in the market, as investors are unsure of what the future holds. Despite the decrease in stock price, CTS Corporation is still a popular choice among investors. They have a strong presence in the automotive industry, and their products are used in various industries around the world. They also have a focus on innovation and have consistently been ahead of the curve with new products and services. This focus on innovation makes them an attractive option for investors who want to benefit from their cutting-edge technology.
CTS Corporation is also known for its commitment to sustainability, which is becoming more important to investors. They have invested in renewable energy sources and have made it a priority to reduce their carbon footprint. Their commitment to sustainability has earned them praise from the public and private sectors alike. Overall, CTS Corporation is an attractive investment option for those looking for a reliable company with a strong track record of success. Despite the recent decrease in stock price, their commitment to innovation and sustainability ensure that they will continue to be successful in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cts Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 577.12 | 53.8 | 9.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cts Corporation. More…
| Operations | Investing | Financing |
| 121.76 | -113.29 | 10.32 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cts Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 734.68 | 244.07 | 15.4 |
Key Ratios Snapshot
Some of the financial key ratios for Cts Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.8% | 12.2% | 13.3% |
| FCF Margin | ROE | ROA |
| 18.2% | 9.8% | 6.5% |
VI Analysis
CTS Corporation‘s fundamentals are indicative of its long term potential. According to the VI Risk Rating, CTS Corporation is a medium risk investment in terms of financial and business aspects. The app has highlighted some risk warnings in the balance sheet which should be taken into consideration before investing. The company has a good track record of returns on capital and operates in a variety of industries, making it an attractive investment option for those interested in diversifying their portfolio. As a result of its strong financials and increasing market share, it is well positioned to take advantage of opportunities in the future. CTS Corporation has a healthy cash position and a solid debt-to-equity ratio that is well within industry standards. The company also has a reasonable dividend payout ratio that is indicative of a company with a sound financial structure. Additionally, its liquidity position is satisfactory and its liquidity ratio is higher than the industry average. This reflects its ability to generate sufficient cash flows to meet its short-term obligations. In summary, CTS Corporation appears to be a good long-term investment option. Its fundamentals are strong, and it has the capacity to take advantage of new opportunities as they arise. Investors should, however, be aware of the risk warnings highlighted by the VI app before investing in this company. More…
VI Peers
The company’s products are used in a wide range of industries, including automotive, consumer, industrial, medical, and telecommunications. CTS Corp has a strong competitive position in the market, with a broad product portfolio and a large customer base. The company’s main competitors are Alps Alpine Co Ltd, Concraft Holding Co Ltd, and Man Yue Technology Holdings Ltd.
– Alps Alpine Co Ltd ($TSE:6770)
Alps Alpine Co Ltd is a Japanese company that manufactures and sells electronic equipment and components. The company has a market cap of 273.42B as of 2022 and a ROE of 8.73%. Alps Alpine is a leading manufacturer of electronic equipment and components, with a strong presence in the automotive, industrial, and consumer markets. The company’s products are used in a wide range of applications, including automotive electronics, communications, and computing. Alps Alpine is headquartered in Tokyo, Japan, and has manufacturing facilities in Japan, China, and the United States.
– Concraft Holding Co Ltd ($TWSE:4943)
Concraft Holding Co Ltd is a construction company that operates in the Chinese market. The company has a market capitalization of 1.19 billion as of 2022 and a return on equity of -142.04%. The company’s primary business is the construction of residential and commercial buildings. The company also provides construction management services.
– Man Yue Technology Holdings Ltd ($SEHK:00894)
Man Yue Technology Holdings Ltd is a Hong Kong-based investment holding company principally engaged in the provision of electronics manufacturing services. The Company operates its businesses through two segments. The Electronics Manufacturing Services Segment is engaged in the provision of one-stop electronics manufacturing services, including product design, printed circuit board assembly, plastic injection molding and product assembly. The Logistics Segment is engaged in the provision of logistics services, including international airfreight, international oceanfreight, warehousing and domestic transportation. As of December 31, 2011, the Company operated a total of 20 subsidiaries.
Summary
CTS Corporation (CTS) recently increased its stock holdings by 3101 shares. The move appears to be bullish as the company has seen mostly positive media coverage in recent weeks. Analysts have pointed to the company’s strong balance sheet and good cash position as signs of potential growth.
CTS also recently announced a new product line that should drive increased revenues. With the current growth prospects, investors should consider CTS as a solid long-term investment option.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
