TSE:CTS Converge Technology Solutions (CTS) Stock Price, News & Analysis → Automatic Income (from home) (From Awesomely, LLC) (Ad) Free cts Stock Alerts C$5.38 +0.10 (+1.89%) (As of 05/3/2024 ET) Add Compare Share Share Today's RangeC$5.28▼C$5.3950-Day RangeC$4.66▼C$6.0052-Week RangeC$2.24▼C$6.06Volume596,741 shsAverage Volume473,571 shsMarket CapitalizationC$1.09 billionP/E RatioN/ADividend Yield0.74%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/Downside20.3% UpsideC$6.47 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.2.07 out of 5 stars 3.3 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. 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 0.75%, 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CTS. Previous Next 2.1 News and Social Media Coverage News SentimentConverge Technology Solutions has a news sentiment score of 0.84. 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 0.42 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Converge Technology Solutions this week, compared to 1 article on an average week. 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 36.33% of the stock of Converge Technology Solutions is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Converge Technology Solutions is -538.00, 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 -538.00, 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 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-up before it’s too late. It’s urgent because it’s what we consider “The #1 Crypto for the AI World.”Learn more about it by watching THIS NOW. 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 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 yearsMay 4, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. March 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.February 20, 2024 | morningstar.comConverge Technology Solutions CorpMay 4, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. February 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 RecoverOctober 20, 2023 | markets.businessinsider.comConverge Technology Solutions Corp (CTS) Gets a Buy Rating from Echelon Wealth PartnersSee 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 Payable3/26/2024Today5/03/2024Next 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+20.3%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.01) Trailing P/E RatioN/A Forward P/E Ratio8.96 P/E Growth0.14Net IncomeC$-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 / Sales0.40 Cash FlowC$0.96 per share Price / Cash Flow5.63 Book ValueC$2.87 per share Price / Book1.87Miscellaneous Outstanding Shares203,410,000Free FloatN/AMarket CapC$1.09 billion OptionableNot Optionable Beta1.91 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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:ETHammond Power SolutionsTSE:HPS.ADye & DurhamTSE:DNDView 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 equities research analysts have issued twelve-month price objectives for Converge Technology Solutions' stock. Their CTS share price targets range from C$5.00 to C$9.00. On average, they predict the company's share price to reach C$6.47 in the next year. This suggests a possible upside of 20.3% 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 on January 1st, 2024. Since then, CTS shares have increased by 30.0% and is now trading at C$5.38. 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) issued its quarterly 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 firm earned $651.09 million during the quarter, compared to analysts' expectations 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. Shareholders of record on Tuesday, March 12th will be given a dividend of 0.01 per share on Tuesday, March 26th. This represents a $0.04 annualized dividend and a yield of 0.74%. 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 5/4/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchAutomatic Income (from home)Awesomely, LLCClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsCould Your Accounts Be Frozen?Allegiance GoldFW: 234x GainWeiss RatingsStock-Picking AI Predicts #1 Stock of 2024Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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