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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
TSE:CTS

Converge Technology Solutions (CTS) Stock Price, News & Analysis

C$5.82
+0.05 (+0.87%)
(As of 03/28/2024 ET)
Today's Range
C$5.80
C$6.00
50-Day Range
C$3.74
C$6.00
52-Week Range
C$2.24
C$6.06
Volume
527,227 shs
Average Volume
466,586 shs
Market Capitalization
C$1.18 billion
P/E Ratio
N/A
Dividend Yield
0.69%
Price Target
C$6.47

Converge Technology Solutions MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
11.2% Upside
C$6.47 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.28mentions of Converge Technology Solutions in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
C$64,114 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.58 out of 5 stars

CTS stock logo

About Converge Technology Solutions Stock (TSE:CTS)

Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The company also offers managed and talent services, and hardware and software products and solutions. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Gatineau, Canada.

CTS Stock Price History

CTS Stock News Headlines

A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
Canadian Market Moderately Higher At Noon; Technology Stocks Rally
AI healthcare stock poised for 36,996% growth?
Buy Alert Issued For AI Small Cap Our last two AI stocks jumped 150% and 130%... But we just issued a brand new "buy alert" for a new one...
Converge Technology Solutions Corp.
Converge Technology Solutions Corp
Converge Technology Solutions Corp (CTS)
Converge Provides Q4-2023 Cash Flow Update
Canadian Market Pares Early Gains In Cautious Trade
See More Headlines
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Company Calendar

Ex-Dividend for 3/26 Dividend
3/11/2024
Dividend Payable
3/26/2024
Today
3/28/2024
Next Earnings (Estimated)
5/14/2024

Industry, Sector and Symbol

Industry
Information Technology Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$6.47
High Stock Price Target
C$9.00
Low Stock Price Target
C$5.00
Potential Upside/Downside
+11.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
C$-1,450,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.71 billion
Cash Flow
C$1.03 per share
Book Value
C$2.87 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.18 billion
Optionable
Not Optionable
Beta
1.95
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Key Executives

  • Mr. Shaun Peter Maine
    Group CEO & Director
  • Mr. Greg Berard
    Global CEO & President
  • Ms. Julianne Belaga
    Chief Legal Officer
  • Mr. John G. Teltsch Jr.
    Chief Revenue Officer
  • Mr. Avjitpal Kamboj
    Chief Financial Officer
  • Mr. Cory Reid
    COO & Chief Information Officer
  • Ms. Karie Timion
    Vice President of Marketing
  • Ms. Rhonda Hanes
    Vice President of People Operations
  • Mr. David Luftig
    Executive Vice President of Strategy & Solutions
  • Ms. Emily Martin
    Executive Vice President of Hybrid Platforms

CTS Stock Analysis - Frequently Asked Questions

Should I buy or sell Converge Technology Solutions stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Converge Technology Solutions in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTS shares.
View CTS analyst ratings
or view top-rated stocks.

What is Converge Technology Solutions' stock price target for 2024?

7 analysts have issued twelve-month price targets for Converge Technology Solutions' shares. Their CTS share price targets range from C$5.00 to C$9.00. On average, they anticipate the company's share price to reach C$6.47 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price.
View analysts price targets for CTS
or view top-rated stocks among Wall Street analysts.

How have CTS shares performed in 2024?

Converge Technology Solutions' stock was trading at C$4.14 at the start of the year. Since then, CTS shares have increased by 40.6% and is now trading at C$5.82.
View the best growth stocks for 2024 here
.

When is Converge Technology Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our CTS earnings forecast
.

How often does Converge Technology Solutions pay dividends? What is the dividend yield for Converge Technology Solutions?

Converge Technology Solutions declared a quarterly dividend on Tuesday, March 5th. Investors of record on Tuesday, March 12th will be paid a dividend of 0.01 per share on Tuesday, March 26th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Monday, March 11th.
Read our dividend analysis for CTS
.

Is Converge Technology Solutions a good dividend stock?

Converge Technology Solutions (TSE:CTS) pays an annual dividend of C$0.04 per share and currently has a dividend yield of 0.71%.
Read our dividend analysis for CTS.

How do I buy shares of Converge Technology Solutions?

Shares of CTS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CTS) was last updated on 3/28/2024 by MarketBeat.com Staff

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