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CTS ( (CTS) ) has issued an update.
On November 24, 2025, CTS Corporation and its subsidiary, CTS Denmark Holding A/S, entered into a new five-year Credit Agreement with Wells Fargo Bank and other financial institutions. This agreement provides an unsecured revolving credit facility of $300 million, replacing a prior $400 million facility. The new agreement includes various financial covenants and conditions, such as maintaining a net leverage ratio and an interest coverage ratio, and offers flexibility for incremental loans. The initial borrowings were used to repay $63.3 million under the previous agreement, and the facility includes sublimits for swing line loans, letters of credit, and alternative currencies.
The most recent analyst rating on (CTS) stock is a Hold with a $44.00 price target. To see the full list of analyst forecasts on CTS stock, see the CTS Stock Forecast page.
Spark’s Take on CTS Stock
According to Spark, TipRanks’ AI Analyst, CTS is a Neutral.
CTS’s overall stock score reflects a stable financial foundation with strong profitability and low leverage. The earnings call provided positive insights into growth in diversified markets and strategic wins, which bolster the company’s outlook. However, the valuation is moderate, and technical indicators suggest caution due to potential overbought conditions.
To see Spark’s full report on CTS stock, click here.
More about CTS
Average Trading Volume: 200,748
Technical Sentiment Signal: Buy
Current Market Cap: $1.21B
See more data about CTS stock on TipRanks’ Stock Analysis page.