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

Company Overview

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.

Key Stats

• Today's Range: N/A
• 50-Day Range: C$5.42 to C$6.05
• 52-Week Range: N/A
• Volume: 200,175 shs
• Average Volume: 1.55 million shs
• Market Capitalization: C$1.13 billion
• P/E Ratio: N/A
• Dividend Yield: 1.02%
• Price Target: C$16.63
• Consensus Rating: Hold

CTS Stock Analysis - Frequently Asked Questions

How were Converge Technology Solutions' earnings last quarter?

Converge Technology Solutions Corp. (TSE:CTS) announced its earnings results on Tuesday, November, 12th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.08 by $0.04. Converge Technology Solutions had a negative trailing twelve-month return on equity of 34.40% and a negative net margin of 6.35%.
Read the conference call transcript.

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.

What other stocks do shareholders of Converge Technology Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Converge Technology Solutions investors own include Meta Platforms (META), Toronto-Dominion Bank (TD), NVIDIA (NVDA), Lightspeed Commerce (LSPD), Air Canada (AC), Whitecap Resources (WCP) and TELUS (T).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 7/05/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Computer and Technology
• Industry: Information Technology Services
• Sub-Industry: Electronic Equipment
• Current Symbol: TSE:CTS
• CIK: N/A
• Web: www.convergetp.com
• Phone: 416 360 1495
• Fax: N/A
• Employees: 4,210
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$16.63
• High Stock Price Target: C$140.00
• Low Stock Price Target: C$4.00
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.83)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: 0.14
• Net Income: -C$157.26 million
• Net Margins: -6.35%
• Pretax Margin: N/A
• Return on Equity: -34.40%
• Return on Assets: 1.62%

Debt

• Debt-to-Equity Ratio: 85.78
• Current Ratio: 0.96
• Quick Ratio: 0.68

Sales & Book Value

• Annual Sales: C$2.48 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 5.63
• Book Value: C$1.84 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 188,607,000
• Free Float: N/A
• Market Cap: C$1.13 billion
• Optionable: Not Optionable
• Beta: 1.81