Press coverage about CTS (NYSE:CTS) has trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CTS earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the electronics maker an impact score of 48.1032542927774 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

Shares of NYSE:CTS traded up $0.25 during trading on Friday, reaching $36.20. 73,044 shares of the stock were exchanged, compared to its average volume of 106,201. The company has a quick ratio of 1.81, a current ratio of 2.21 and a debt-to-equity ratio of 0.16. CTS has a 12 month low of $22.40 and a 12 month high of $39.20. The stock has a market cap of $1.20 billion, a PE ratio of 25.32 and a beta of 1.26.

CTS (NYSE:CTS) last released its quarterly earnings results on Thursday, July 26th. The electronics maker reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. CTS had a net margin of 3.29% and a return on equity of 13.57%. The company had revenue of $118.02 million during the quarter, compared to the consensus estimate of $113.51 million. During the same period in the previous year, the business earned $0.28 earnings per share. The firm’s quarterly revenue was up 11.7% on a year-over-year basis. equities research analysts expect that CTS will post 1.45 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 2nd. Stockholders of record on Friday, September 28th will be given a $0.04 dividend. The ex-dividend date of this dividend is Thursday, September 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.44%. CTS’s payout ratio is 13.01%.

In other news, CEO Kieran M. O’sullivan sold 10,000 shares of CTS stock in a transaction that occurred on Friday, August 31st. The shares were sold at an average price of $36.42, for a total value of $364,200.00. Following the completion of the sale, the chief executive officer now directly owns 400,401 shares in the company, valued at $14,582,604.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.86% of the stock is currently owned by insiders.

About CTS

CTS Corporation designs, manufactures, and sells a range of sensors, electronic components, and actuators primarily to original equipment manufacturers for the aerospace, defense, communications, industrial, information technology, medical, and transportation markets. The company offers sensors and actuators used in passenger or consumer vehicles; electronic components used in communications infrastructure, information technology and other high-speed applications, switches, and potentiometers supplied to various markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, defense and aerospace, and information technology markets.

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Insider Buying and Selling by Quarter for CTS (NYSE:CTS)

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