CTS Corporation is a global manufacturer of sensors, connectivity components, and actuators. Co. designs, manufactures, and sells a line of sensors, connectivity components, and actuators primarily to original equipment manufacturers (OEMs) and suppliers for the aerospace and defense, industrial, medical, and transportation markets. It operates manufacturing facilities in North America, Asia, and Europe. Its devices are categorized by their ability to Sense, Connect or Move. Sense products provide vital inputs to electronic systems. Connect products allow systems to function in synchronization with other systems. We show 60 historical shares outstanding datapoints in our CTS shares outstanding history coverage, used to compute CTS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CTS market cap history over the course of time is important for investors
interested in comparing CTS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CTS versus a peer is one thing; comparing
CTS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CTS can fluctuate over the course of history.
With this page we aim to empower investors researching CTS by allowing them to research the CTS market cap history. |
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Video: The Importance of Market Cap
