Strong beat and guidance improvement support a positive near-term outlook. Watch for continued execution in diversified markets and any tariff-related headwinds. The 1-analyst consensus leaves room for upward revisions.
Price Chart
Executive Summary
CTS reported Q1 2026 adjusted EPS of $0.62, beating the $0.52 consensus by 19.2%, on revenue of $139.2M (+11% YoY, +1.8% vs $136.8M consensus). The company narrowed full-year guidance, raising the low end of both revenue and EPS ranges, reflecting continued diversification momentum and margin expansion.
Key Financial Metrics
Key Facts
- Q1 2026 revenue $139.2M, +11% YoY, +1.8% vs consensus
- Adjusted diluted EPS $0.62 vs consensus $0.52 (+19.2% beat)
- Adjusted gross margin 39.5%, +250 bps YoY
- Adjusted EBITDA margin 23.0%, +250 bps YoY
- Operating cash flow $17.3M, free cash flow $12.3M
- FY 2026 guidance narrowed: revenue $560-580M (prev $550-580M), adjusted EPS $2.35-2.45 (prev $2.30-2.45)
- Diversified end-market sales up 18% YoY, now 57% of total revenue
Financial Impact
EPS beat of $0.10 vs consensus on $139M revenue; guidance raise adds ~$10M to midpoint of revenue and $0.05 to midpoint of EPS
Risk Factors
- Transportation market still modest (3% growth); light vehicle production expected slightly down in 2026
- Tariff exposure (Section 232 on steel/aluminum, precious metals inflation) could pressure margins
- Low analyst coverage and prior negative T+20 returns suggest caution on overextrapolation
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-189074 |
| Document: cts-20260429.htm | 0001193125-26-189074 |
| Document: cts-ex99_2.htm | 0001193125-26-189074 |
| Document: 0001193125-26-189074-index-headers.html | 0001193125-26-189074 |
| Document: 0001193125-26-189074-index.html | 0001193125-26-189074 |
| Document: 0001193125-26-189074.txt | 0001193125-26-189074 |
| 8-K Data (Synthetic) | 0001193125-26-189074 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 28, 2026 9w ago | 8-K | $64.82 $56.69 | ▼ −12.54% | ▼ −15.92% | $61.60 (−4.97%) |
Jul 28, 2026 9w ago | Press Release | $64.82 $56.69 | ▼ −12.54% | ▼ −15.92% | $61.60 (−4.97%) |
Jul 14, 2026 11w ago | Press Release | $60.05 $64.14 | ▲ +6.81% | ▲ +4.32% | $61.60 (+2.58%) |
Jun 25, 2026 14w ago | 8-K | $65.00 $60.92 | ▼ −6.28% | ▼ −7.54% | $61.60 (−5.23%) |
Apr 29, 2026 22w ago | 8-K | $54.43 $65.12 | ▲ +19.64% | ▲ +14.18% | $61.60 (+13.17%) |
Apr 29, 2026 22w ago | 8-K | $54.43 $64.79 | ▲ +19.03% | ▲ +12.99% | $61.60 (+13.17%) |
Apr 29, 2026 22w ago | Press Release | $54.43 $65.12 | ▲ +19.64% | ▲ +14.18% | $61.60 (+13.17%) |
Apr 14, 2026 24w ago | Press Release | $55.56 $61.49 | ▲ +10.67% | ▲ +4.38% | $61.60 (+10.87%) |
US Market Status
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