S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
TSE:CTS

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

C$5.10
+0.02 (+0.39%)
(As of 03/1/2024 ET)
Today's Range
C$5.02
C$5.15
50-Day Range
C$3.73
C$5.10
52-Week Range
C$2.24
C$5.15
Volume
347,440 shs
Average Volume
388,714 shs
Market Capitalization
C$1.04 billion
P/E Ratio
N/A
Dividend Yield
0.78%
Price Target
C$5.63

Converge Technology Solutions MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
10.4% Upside
C$5.63 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$8,700 Bought Last Quarter
Proj. Earnings Growth
N/A

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.

1.04 out of 5 stars


CTS stock logo

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, 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 Gatineau, Canada.

CTS Stock Price History

CTS Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Converge Technology Solutions (TSE:CTS) Stock Price Up 1.1%
Converge Technology Solutions Corp.
Converge Technology Solutions Corp
Converge Technology Solutions Corp (CTS)
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Converge Provides Q4-2023 Cash Flow Update
Canadian Market Pares Early Gains In Cautious Trade
See More Headlines
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Company Calendar

Ex-Dividend for 12/28 Dividend
12/12/2023
Dividend Payable
12/28/2023
Today
3/03/2024
Next Earnings (Confirmed)
3/06/2024

Industry, Sector and Symbol

Industry
Information Technology Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$5.63
High Stock Price Target
C$7.00
Low Stock Price Target
C$4.25
Potential Upside/Downside
+10.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
C$-10,850,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.70 billion
Cash Flow
C$0.91 per share
Book Value
C$2.86 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.04 billion
Optionable
Not Optionable
Beta
1.91
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Key Executives

  • Mr. Shaun Peter Maine
    Group CEO & Director
  • Mr. Greg Berard
    Global CEO & President
  • Ms. Julianne Belaga
    Chief Legal Officer
  • Mr. John G. Teltsch Jr.
    Chief Revenue Officer
  • Mr. Avjitpal Kamboj
    Chief Financial Officer
  • Mr. Cory Reid
    COO & Chief Information Officer
  • Ms. Karie Timion
    Vice President of Marketing
  • Ms. Rhonda Hanes
    Vice President of People Operations
  • Mr. David Luftig
    Executive Vice President of Strategy & Solutions
  • Ms. Emily Martin
    Executive Vice President of Hybrid Platforms














CTS Stock Analysis - Frequently Asked Questions

Should I buy or sell Converge Technology Solutions stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Converge Technology Solutions in the last twelve months. There are currently 2 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?

6 equities research analysts have issued twelve-month target prices for Converge Technology Solutions' shares. Their CTS share price targets range from C$4.25 to C$7.00. On average, they anticipate the company's stock price to reach C$5.63 in the next year. This suggests a possible upside of 10.4% 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 beginning of the year. Since then, CTS stock has increased by 23.2% and is now trading at C$5.10.
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 Wednesday, March 6th 2024.
View our CTS earnings forecast
.

How often does Converge Technology Solutions pay dividends? What is the dividend yield for Converge Technology Solutions?

Converge Technology Solutions announced a quarterly dividend on Tuesday, December 12th. Investors of record on Thursday, December 28th will be paid a dividend of 0.01 per share on Thursday, December 28th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Tuesday, December 12th.
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 0.88%.
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 3/3/2024 by MarketBeat.com Staff