CTS Corp Announces Quarterly Earnings Results
CTS Corp (CTS) announced its quarterly earnings results on Monday, Oct-26-2015. The company reported $0.23 Earnings Per Share for the quarter, missing the analyst consensus estimate by $-0.01.
Analyst had a consensus of $0.24 EPS. The company had revenue of $90.65 million for the quarter, compared to analysts expectations of $99.19 million.The company’s revenue was down -9.3% compared to the same quarter last year. During the same quarter in the previous year, CTS Corp posted $0.29 EPS.The company shares have rallied 20.16% in the past 52 Weeks. On October 20, 2015 The shares registered one year high of $19.79 and one year low was seen on January 15, 2015 at $15.3. The 50-day moving average is $18.79 and the 200 day moving average is recorded at $18.67. S&P 500 has rallied 4.61% during the last 52-weeks. CTS Corporation (NYSE:CTS): The mean short term price target for CTS Corporation (NYSE:CTS) has been established at $24.5 per share. The higher price target estimate is at $25 and the lower price target estimate is expected at $24 according to 2 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $0.71