Somewhat Favorable Media Coverage Somewhat Unlikely to Affect CTS (CTS) Stock Price
Headlines about CTS (NYSE:CTS) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CTS earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned media stories about the electronics maker an impact score of 45.863743900728 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern’s scoring:
- Suspect Identified in Grundy Co. Officer-Involved Shooting (wdef.com)
- $0.29 EPS Expected for CTS Co. (CTS) This Quarter (americanbankingnews.com)
- Northwest CT Chamber of Commerce: The year in review (registercitizen.com)
- 30W115 Greenbrook Ct, Warrenville (realtor.com)
- Bareburger Co-Founder Speaks to YEA! Class about Entrepreneurship (news.hamlethub.com)
CTS (NYSE:CTS) opened at $26.40 on Thursday. The company has a market cap of $876.13, a P/E ratio of 24.22 and a beta of 1.12. The company has a quick ratio of 1.93, a current ratio of 2.28 and a debt-to-equity ratio of 0.24. CTS has a 12-month low of $19.30 and a 12-month high of $28.35.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 2nd. Investors of record on Friday, December 29th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Thursday, December 28th. CTS’s dividend payout ratio is 14.68%.
Separately, ValuEngine cut shares of CTS from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th.
CTS Company Profile
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.
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