TSE:CTS Converge Technology Solutions (CTS) Stock Price, News & Analysis → He Is Giving Away Bitcoin (From Crypto Swap Profits) (Ad) Free CTS Stock Alerts C$5.10 +0.03 (+0.59%) (As of 12:27 PM ET) Add Compare Share Share Today's RangeC$5.08▼C$5.2550-Day RangeC$4.88▼C$6.0052-Week RangeC$2.24▼C$6.06Volume433,678 shsAverage Volume507,127 shsMarket CapitalizationC$1.04 billionP/E RatioN/ADividend Yield0.78%Price TargetC$6.47 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Converge Technology Solutions alerts: Email Address Converge Technology Solutions MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside26.4% UpsideC$6.47 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.98Based on 7 Articles This WeekInsider TradingAcquiring SharesC$66,944 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.3.38 out of 5 stars 4.3 Analyst's Opinion Consensus RatingConverge Technology Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageConverge Technology Solutions has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Converge Technology Solutions' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CTS. Previous Next 0.0 Dividend Strength Dividend YieldConverge Technology Solutions has a dividend yield of 0.74%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthConverge Technology Solutions does not have a long track record of dividend growth.Read more about Converge Technology Solutions' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CTS. Previous Next 2.8 News and Social Media Coverage News SentimentConverge Technology Solutions has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Converge Technology Solutions this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for CTS on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Converge Technology Solutions insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$66,944.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 5.83% of the stock of Converge Technology Solutions is held by insiders.Percentage Held by InstitutionsOnly 36.40% of the stock of Converge Technology Solutions is held by institutions.Read more about Converge Technology Solutions' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Converge Technology Solutions is -512.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Converge Technology Solutions is -512.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioConverge Technology Solutions has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioConverge Technology Solutions has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Converge Technology Solutions' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchDo This Today BEFORE Biden Wins in NovemberDiscover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).Find out how you can too in this free video. 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, artificial intelligence, 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 Toronto, Canada.Read More CTS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CTS Stock News HeadlinesMay 10, 2024 | finance.yahoo.comConverge Technology Solutions First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 9, 2024 | finanznachrichten.deConverge Technology Solutions Corp.: Converge Reports First Quarter 2024 ResultsMay 10, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.May 9, 2024 | americanbankingnews.comConverge Technology Solutions Corp. (TSE:CTS) Given Average Recommendation of "Moderate Buy" by BrokeragesMay 2, 2024 | americanbankingnews.comConverge Technology Solutions (CTS) to Release Quarterly Earnings on ThursdayApril 26, 2024 | finance.yahoo.comConverge Technology Solutions (TSE:CTS) shareholders have earned a 39% CAGR over the last five yearsMarch 11, 2024 | tmcnet.comConvergence, Automation, and Improved Customer Experiences: Key Trends Shaping 2024March 7, 2024 | markets.businessinsider.comCanadian Market Moderately Higher At Noon; Technology Stocks RallyMay 10, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.February 22, 2024 | finance.yahoo.comConverge Technology Solutions Recognized on CRN's 2024 MSP 500 ListFebruary 21, 2024 | wsj.comConverge Technology Solutions Corp.February 20, 2024 | morningstar.comConverge Technology Solutions CorpFebruary 13, 2024 | investing.comConverge Technology Solutions Corp (CTS)February 7, 2024 | finanznachrichten.deConverge Technology Solutions Corp.: Converge to Host Fourth Quarter and Fiscal Year 2023 Conference CallFebruary 7, 2024 | finance.yahoo.comConverge to Host Fourth Quarter and Fiscal Year 2023 Conference CallJanuary 29, 2024 | finance.yahoo.comConverge Provides Q4-2023 Cash Flow UpdateJanuary 22, 2024 | markets.businessinsider.comCanadian Market Pares Early Gains In Cautious TradeJanuary 12, 2024 | theglobeandmail.comClosing Bell: Converge Technology Solutions Corp flat on Friday (CTS)January 5, 2024 | finanznachrichten.deConverge Technology Solutions Corp.: Converge Announces Next "Coffee and Converge" Event Focused on Re-Imagining Application ModernizationJanuary 5, 2024 | finance.yahoo.comConverge Announces Next "Coffee and Converge" Event Focused on Re-Imagining Application ModernizationJanuary 3, 2024 | finanznachrichten.deConverge Technology Solutions Corp.: Converge Technology Solutions Announces UK and Germany Operations Achieve IBM Platinum Partner StatusJanuary 3, 2024 | finance.yahoo.comConverge Technology Solutions Announces UK and Germany Operations Achieve IBM Platinum Partner StatusDecember 5, 2023 | finance.yahoo.comWendy Bahr Joins Converge Technology Solutions Corp. Board of DirectorsNovember 21, 2023 | finance.yahoo.comStone Group, A Converge Company, Achieves Dell Technologies Titanium Partner StatusNovember 18, 2023 | finance.yahoo.comConverge Technology Solutions (TSE:CTS) shareholder returns have been fantastic, earning 416% in 5 yearsNovember 15, 2023 | msn.com2 Canadian Stocks for Beginners in November 2023October 26, 2023 | finance.yahoo.comConverge Technology Solutions Achieves CRN Triple Crown StatusSee More Headlines Receive CTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Converge Technology Solutions and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/26 Dividend3/11/2024Dividend Payable3/26/2024Last Earnings5/09/2024Today5/10/2024Ex-Dividend for 6/6 Dividend5/22/2024Dividend Payable6/06/2024Next Earnings (Estimated)8/14/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorComputer and Technology Industry Information Technology Services Sub-IndustryN/A Current SymbolTSE:CTS CUSIPN/A CIKN/A Webwww.convergetp.com Phone416 360 1495FaxN/AEmployees2,700Year FoundedN/APrice Target and Rating Average Stock Price TargetC$6.47 High Stock Price TargetC$9.00 Low Stock Price TargetC$5.00 Potential Upside/Downside+27.7%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.01) Trailing P/E RatioN/A Forward P/E Ratio8.45 P/E Growth0.14Net IncomeC$-1,450,000.00 Net Margins-0.05% Pretax MarginN/A Return on Equity-1.03% Return on Assets1.32% Debt Debt-to-Equity Ratio71.05 Current Ratio1.04 Quick Ratio0.68 Sales & Book Value Annual SalesC$2.71 billion Price / Sales0.38 Cash FlowC$0.90 per share Price / Cash Flow5.63 Book ValueC$2.87 per share Price / Book1.77Miscellaneous Outstanding Shares203,410,000Free FloatN/AMarket CapC$1.03 billion OptionableNot Optionable Beta1.91 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Greg BerardChief Executive OfficerMs. Julianne BelagaChief Legal OfficerMr. Shaun Peter MaineGroup CEO & DirectorMr. John G. Teltsch Jr.Chief Revenue OfficerMr. Avjitpal KambojChief Financial OfficerMr. Cory ReidCOO & Chief Information OfficerMs. Karie TimionVice President of MarketingMs. Rhonda HanesVice President of People OperationsMr. David LuftigExecutive Vice President of Strategy & SolutionsMs. Emily MartinExecutive Vice President of Hybrid PlatformsMore ExecutivesKey CompetitorsSoftchoiceTSE:SFTCSolium CapitalTSE:SUMTELUS International (Cda)TSE:TIXTEvertz TechnologiesTSE:ETHammond Power SolutionsTSE:HPS.AView All CompetitorsInsidersCory ReidBought 2,315 shares on 3/22/2024Total: C$13,218.65 ($5.71/share)Toni RinowBought 500 shares on 3/22/2024Total: C$2,830.00 ($5.66/share)Greg BerardBought 8,775 shares on 3/20/2024Total: C$50,895.00 ($5.80/share)Cory ReidBought 2,135 shares on 12/4/2023Total: C$8,700.34 ($4.08/share)Avjit KambojBought 14,000 shares on 8/16/2023Total: C$35,560.00 ($2.54/share)View All Insider Transactions CTS Stock Analysis - Frequently Asked Questions Should I buy or sell Converge Technology Solutions stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Converge Technology Solutions in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research 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 Wall Street analysts have issued 1 year price objectives for Converge Technology Solutions' shares. Their CTS share price targets range from C$5.00 to C$9.00. On average, they expect the company's stock price to reach C$6.47 in the next year. This suggests a possible upside of 26.4% 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 on January 1st, 2024. Since then, CTS stock has increased by 23.7% and is now trading at C$5.12. 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 Wednesday, August 14th 2024. View our CTS earnings forecast. How were Converge Technology Solutions' earnings last quarter? Converge Technology Solutions Corp. (TSE:CTS) posted its earnings results on Thursday, May, 9th. The company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. The company had revenue of $628.77 million for the quarter, compared to analyst estimates of $661.10 million. Converge Technology Solutions had a negative net margin of 0.05% and a negative trailing twelve-month return on equity of 1.03%. How often does Converge Technology Solutions pay dividends? What is the dividend yield for Converge Technology Solutions? Converge Technology Solutions announced a quarterly dividend on Wednesday, May 22nd. Shareholders of record on Thursday, June 6th will be given a dividend of 0.015 per share on Thursday, June 6th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Wednesday, May 22nd. This is an increase from the stock's previous quarterly dividend of C$0.01. 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 0.74%. 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 5/10/2024 by MarketBeat.com Staff From Our PartnersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss Ratings[Webinar] A Deep Dive into Options Volatility: Skew & Relative ValueOICConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThis 1 Biotech Stock has been shocking the marketsHuge AlertsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsGold Set to EXPLODE!Gold Safe ExchangeCharles Payne Demystifies OptionsUnstoppable Prosperity Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Converge Technology Solutions Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
