CTS Corp (CTS) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 21, 2020
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CTS Corp (CTS, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. CTS Corp is a designer and manufacturer of electronic components and actuators to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets. The company manufactures products in North America, Europe and Asia. CTS Corp has a market cap of $957.520 million; its shares were traded at around $29.37 with a P/E ratio of 26.95 and P/S ratio of 2.07. The dividend yield of CTS Corp stocks is 0.55%. CTS Corp had annual average EBITDA growth of 21.60% over the past ten years. GuruFocus has detected 1 severe warning sign with CTS Corp. .

For the last quarter CTS Corp reported a revenue of $115.0 million, compared with the revenue of $120.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $469.0 million, a decrease of 0.3% from the previous year. For the complete 30-year financial data, please go here.. For the last five years CTS Corp had an average revenue growth rate of 4.2% a year.

The reported diluted earnings per share was $1.09 for the year, a decline of 21.6% from the previous year. Over the last five years CTS Corp had an EPS growth rate of 20.3% a year. The CTS Corp had a decent operating margin of 13.05%, compared with the operating margin of 14.05% a year before. The 10-year historical median operating margin of CTS Corp is 7.43%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, CTS Corp has the cash and cash equivalents of $100.2 million, compared with $100.9 million in the previous year. The long term debt was $124.6 million, compared with $50.0 million in the previous year. The interest coverage to the debt is at a comfortable level of 23.1. CTS Corp has a financial strength rank of 7 (out of 10).

At the current stock price of $29.37, CTS Corp is traded at 34.7% premium to its historical median P/S valuation band of $21.80. The P/S ratio of the stock is 2.07, while the historical median P/S ratio is 1.53. The stock lost 3.61% during the past 12 months.

For the complete 20-year historical financial data of CTS, click here.