TSE:CTS Converge Technology Solutions (CTS) Stock Price, News & Analysis → Pentagon contract could send this $2 AI stock soaring (From Behind the Markets) (Ad) Free CTS Stock Alerts C$5.67 -0.05 (-0.87%) (As of 02:45 PM ET) Add Compare Share Share Today's RangeC$5.67▼C$5.7850-Day RangeC$4.44▼C$6.0052-Week RangeC$2.24▼C$6.06Volume367,570 shsAverage Volume472,124 shsMarket CapitalizationC$1.15 billionP/E RatioN/ADividend Yield0.71%Price TargetC$6.47 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Converge Technology Solutions alerts: Email Address Ad Behind the MarketsPentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...Get all the info here >>> 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 HeadlinesMarch 25, 2024 | insidertrades.comInsider Buying: Converge Technology Solutions Corp. (TSE:CTS) Senior Officer Buys 2,315 Shares of StockMarch 23, 2024 | insidertrades.comConverge Technology Solutions Corp. (TSE:CTS) Senior Officer Acquires 8,775 SharesApril 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 14, 2024 | americanbankingnews.comConverge Technology Solutions Corp. (TSE:CTS) Receives Consensus Rating of "Moderate Buy" from BrokeragesMarch 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 RallyFebruary 22, 2024 | finance.yahoo.comConverge Technology Solutions Recognized on CRN's 2024 MSP 500 ListFebruary 21, 2024 | wsj.comConverge Technology Solutions Corp.April 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...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 StatusOctober 23, 2023 | msn.comConverge Technology: Many Doubts About The Company, But It Is Very CheapOctober 20, 2023 | markets.businessinsider.comScotiabank Thinks Converge Technology Solutions Corp’s Stock is Going to RecoverSee 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 Last Earnings3/06/2024Ex-Dividend for 3/26 Dividend3/11/2024Dividend Payable3/26/2024Today4/23/2024Next Earnings (Confirmed)5/09/2024Get 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+13.2%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.01) Trailing P/E RatioN/A Forward P/E Ratio9.53 P/E Growth0.14Net IncomeC$-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 / Sales0.43 Cash FlowC$1.02 per share Price / Cash Flow5.63 Book ValueC$2.87 per share Price / Book1.99Miscellaneous Outstanding Shares203,410,000Free FloatN/AMarket CapC$1.16 billion OptionableNot Optionable Beta1.91 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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 CompetitorsSolium CapitalTSE:SUMSoftchoiceTSE:SFTCEvertz TechnologiesTSE:ETDye & DurhamTSE:DNDTELUS International (Cda)TSE:TIXTView 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 equities 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 equities 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 brokerages have issued 12-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 predict the company's stock price to reach C$6.47 in the next twelve months. This suggests a possible upside of 13.3% 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 37.9% and is now trading at C$5.71. 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 Thursday, May 9th 2024. View our CTS earnings forecast. How were Converge Technology Solutions' earnings last quarter? Converge Technology Solutions Corp. (TSE:CTS) announced its earnings results on Wednesday, March, 6th. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.07. The business earned $651.09 million during the quarter, compared to analyst estimates of $712.08 million. Converge Technology Solutions had a negative trailing twelve-month return on equity of 1.03% and a negative net margin of 0.05%. 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 yield of 0.70%. The ex-dividend date of this dividend 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 0.75%. 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 4/23/2024 by MarketBeat.com Staff From Our PartnersPentagon contract could send this $2 AI stock soaringBehind the MarketsThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeForget Bitcoin. 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