NASDAQ:CVON - ConvergeOne Stock Price, News, & Analysis

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$12.44 0.00 (0.00 %)
(As of 01/4/2019)
Previous Close$12.44
Today's Range$12.44 - $12.44
52-Week Range$7.95 - $12.75
Volume11,592 shs
Average Volume268,528 shs
Market Capitalization$950.42 million
P/E Ratio32.74
Dividend Yield0.64%
Beta0.45
ConvergeOne Holdings, Inc. provides collaboration and technology solutions for large and medium enterprises in the United States. The company offers unified communications solutions, including communications applications, such as voice, email, presence, chat/text, and video technologies; voice and text messaging solutions; mobility and bring your own device solutions for business continuity with the seamless connection of mobile, landline, cellular, and Wi-Fi enabled devices; conferencing solutions, as well as streaming and recording, and security services; and software integration services. It also provides customer engagement solutions comprising omni-channel, self-service interactive voice recognition and advanced routing, social media, remote agent, end-to-end business intelligence and analytics, workforce optimization, and integration software and cloud connector solutions; and enterprise networking technology solutions, such as mobile device management, routing and switching technology, wireless, and location service applications. In addition, the company offers data center solutions, including design, procurement, implementation, management, and optimization of data center infrastructure assets, as well as server migration and consolidation services; storage management and data management solutions; and virtualization solutions. Further, it provides cloud solutions in private, C1 Cloud, hybrid, and public cloud environments; end-to-end network and data security solutions; and disaster recovery services and solutions, such as business continuity assessment and planning, network availability and data continuity, and recovery and crisis management, as well as FireStorm POV, an security assessment tool. ConvergeOne Holdings, Inc. is headquartered in Eagan, Minnesota.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:CVON
CUSIPN/A
CIKN/A
Phone888-321-6227

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$918.93 million
Cash Flow$0.7387 per share
Book Value$0.11 per share

Profitability

Net Income$290,000.00

Miscellaneous

EmployeesN/A
Market Cap$950.42 million
Next Earnings DateN/A
OptionableNot Optionable

ConvergeOne (NASDAQ:CVON) Frequently Asked Questions

What is ConvergeOne's stock symbol?

ConvergeOne trades on the NASDAQ under the ticker symbol "CVON."

How often does ConvergeOne pay dividends? What is the dividend yield for ConvergeOne?

ConvergeOne announced a quarterly dividend on Monday, November 5th. Stockholders of record on Wednesday, November 21st will be given a dividend of $0.02 per share on Tuesday, December 11th. This represents a $0.08 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend is Tuesday, November 20th. View ConvergeOne's Dividend History.

How were ConvergeOne's earnings last quarter?

ConvergeOne Holdings Inc (NASDAQ:CVON) released its quarterly earnings data on Tuesday, October, 30th. The company reported $0.31 EPS for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.09. The company earned $404.75 million during the quarter, compared to analysts' expectations of $392.71 million. ConvergeOne had a negative return on equity of 76.41% and a net margin of 1.60%. View ConvergeOne's Earnings History.

What price target have analysts set for CVON?

6 Wall Street analysts have issued 1-year price targets for ConvergeOne's stock. Their predictions range from $11.00 to $11.00. On average, they expect ConvergeOne's stock price to reach $11.00 in the next twelve months. This suggests that the stock has a possible downside of 11.6%. View Analyst Price Targets for ConvergeOne.

What is the consensus analysts' recommendation for ConvergeOne?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConvergeOne in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ConvergeOne.

Has ConvergeOne been receiving favorable news coverage?

Press coverage about CVON stock has trended somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ConvergeOne earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of ConvergeOne's key competitors?

What other stocks do shareholders of ConvergeOne own?

Who are ConvergeOne's key executives?

ConvergeOne's management team includes the folowing people:
  • Mr. John A. McKenna Jr., Pres, CEO & Chairman (Age 50)
  • Mr. Jeffrey E. Nachbor, Chief Financial Officer (Age 53)
  • Mr. John F. Lyons, Pres of Field Organization (Age 64)
  • Mr. Mark Langanki, Chief Technology Officer
  • Mr. Erik Cline, VP of Sales

Who are ConvergeOne's major shareholders?

ConvergeOne's stock is owned by many different of retail and institutional investors. Top institutional investors include Owl Creek Asset Management L.P. (4.98%), BlackRock Inc. (1.73%), Alpine Associates Management Inc. (1.55%), Water Island Capital LLC (0.81%), Geode Capital Management LLC (0.39%) and Geode Capital Management LLC (0.39%). Company insiders that own ConvergeOne stock include David Boris and Richard Katzman. View Institutional Ownership Trends for ConvergeOne.

Which institutional investors are selling ConvergeOne stock?

CVON stock was sold by a variety of institutional investors in the last quarter, including Owl Creek Asset Management L.P. and Barclays PLC. View Insider Buying and Selling for ConvergeOne.

Which institutional investors are buying ConvergeOne stock?

CVON stock was acquired by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Water Island Capital LLC, Millennium Management LLC, Gabelli Funds LLC, Kassirer Asset Management Corp, GABELLI & Co INVESTMENT ADVISERS INC., Citigroup Inc. and SG Americas Securities LLC. View Insider Buying and Selling for ConvergeOne.

How do I buy shares of ConvergeOne?

Shares of CVON can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ConvergeOne's stock price today?

One share of CVON stock can currently be purchased for approximately $12.44.

How big of a company is ConvergeOne?

ConvergeOne has a market capitalization of $950.42 million and generates $918.93 million in revenue each year. The company earns $290,000.00 in net income (profit) each year or $0.38 on an earnings per share basis.

What is ConvergeOne's official website?

The official website for ConvergeOne is http://www.convergeone.com.

How can I contact ConvergeOne?

ConvergeOne's mailing address is 3344 Highway 149, Eagan MN, 55121. The company can be reached via phone at 888-321-6227.


MarketBeat Community Rating for ConvergeOne (NASDAQ CVON)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  104 (Vote Outperform)
Underperform Votes:  111 (Vote Underperform)
Total Votes:  215
MarketBeat's community ratings are surveys of what our community members think about ConvergeOne and other stocks. Vote "Outperform" if you believe CVON will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVON will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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