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CTS ( (CTS) ) has issued an announcement.
In a recent investor presentation, CTS Corporation outlined its strategic growth plan focusing on a 10% organic and inorganic growth target. The company aims to capitalize on megatrends such as automation, healthcare innovation, and electrification, supported by a robust new product pipeline and strategic mergers and acquisitions. CTS’s diverse revenue streams, with a significant portion from non-transportation markets, illustrate its commitment to diversification. The company reported last twelve months’ revenue of $516 million as of December 2024 and highlighted its strong balance sheet as a foundation for continued expansion and value creation.
More about CTS
CTS Corporation is a leading designer and manufacturer specializing in custom-engineered solutions that sense, connect, and move, targeting diverse and growing markets including industrial, aerospace and defense, medical, and transportation sectors. The company leverages global design and manufacturing capabilities, applying technical and application expertise across these markets.
YTD Price Performance: -5.05%
Average Trading Volume: 146,690
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.48B
Find detailed analytics on CTS stock on TipRanks’ Stock Analysis page.
