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Converge Technology Solutions Corp (TSE:CTS)
TSX:CTS
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CTS Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$2.90 - C$6.06
Previous CloseC$3.37
Volume239.24K
Average Volume (3M)697.05K
Market Cap
C$642.89M
Enterprise ValueC$778.51M
Total Cash (Recent Filing)C$180.46M
Total Debt (Recent Filing)C$308.34M
Price to Earnings (P/E)―
Beta1.62
Next Earnings
Mar 05, 2025EPS Estimate
C$0.13Next Dividend Ex-Date
Dec 10, 2024Dividend Yield1.46%
Share Statistics
EPS (TTM)-0.81
Shares Outstanding195,205,384
10 Day Avg. Volume957,272
30 Day Avg. Volume697,047
Standard Deviation0.18
R-Squared0.21
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.79
Price to Sales (P/S)0.26
Price to Cash Flow (P/CF)3.40
P/FCF Ratio3.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$4.75Price Target Upside42.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Converge Technology Solutions Corp News
PremiumCompany Announcements
Converge Technology Solutions Reports Q3 2024 Outcomes
PremiumPre-Earnings
Is CTS a Buy, Before Earnings?
PremiumCompany Announcements
Converge Reports Decline Amid Challenging ConditionsPremiumCompany Announcements
Converge Technology’s Q3 Results Conference Call
PremiumCompany Announcements
Converge Technology Solutions Reports Solid Q2 Growth
PremiumCompany Announcements
Converge Announces Q2 2024 Results Conference CallOptions Prices
Currently, No data available
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Ownership Overview
4.92% Insiders
6.29% Mutual Funds
0.09% Other Institutional Investors
87.10% Public Companies and
Individual Investors
CTS FAQ
What was Converge Technology Solutions Corp’s price range in the past 12 months?
Converge Technology Solutions Corp lowest stock price was C$2.90 and its highest was C$6.06 in the past 12 months.
What is Converge Technology Solutions Corp’s market cap?
Currently, no data Available
When is Converge Technology Solutions Corp’s upcoming earnings report date?
Converge Technology Solutions Corp’s upcoming earnings report date is Mar 05, 2025 which is in 99 days.
How were Converge Technology Solutions Corp’s earnings last quarter?
Converge Technology Solutions Corp released its earnings results on Nov 12, 2024. The company reported C$0.12 earnings per share for the quarter, beating the consensus estimate of C$0.096 by C$0.024.
Is Converge Technology Solutions Corp overvalued?
According to Wall Street analysts Converge Technology Solutions Corp’s price is currently Undervalued.
Does Converge Technology Solutions Corp pay dividends?
Converge Technology Solutions Corp pays a Thriceyearly dividend of C$0.01 which represents an annual dividend yield of 1.46%. See more information on Converge Technology Solutions Corp dividends here
What is Converge Technology Solutions Corp’s EPS estimate?
Converge Technology Solutions Corp’s EPS estimate is C$0.13.
How many shares outstanding does Converge Technology Solutions Corp have?
Converge Technology Solutions Corp has 193,066,390 shares outstanding.
What happened to Converge Technology Solutions Corp’s price movement after its last earnings report?
Converge Technology Solutions Corp reported an EPS of C$0.12 in its last earnings report, beating expectations of C$0.096. Following the earnings report the stock price went up 5.949%.
Which hedge fund is a major shareholder of Converge Technology Solutions Corp?
Currently, no hedge funds are holding shares in TSE:CTS
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Converge Technology Solutions Corp Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$4.75 (42.64% Upside)
C$4.75 (42.64% Upside)
Insider Transactions
Bought Shares
Worth C$103.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-19.10%
12-Months-Change
Fundamentals
Return on Equity
-34.44%
Trailing 12-Months
Asset Growth
-6.66%
Trailing 12-Months
Company Description
Converge Technology Solutions Corp
Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face. It has two reportable segments: the United States and Canada. The majority of its revenue is generated from product sales in the United States.
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CTS Stock 12 Month Forecast
Average Price Target
C$4.75
▲(42.64% Upside)
Technical Analysis
Best Analysts Covering CTS
1 Year
1 Year Success Rate
13/31 ratings generated profit
1 Year Average Return
+59.57%
assigned a buy rating 7 months ago
Copying Rob Goff's trades and holding each position for 1 Year would result in 41.94% of your transactions generating a profit, with an average return of +59.57% per trade.
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