TSE:CTS Converge Technology Solutions (CTS) Stock Price, News & Analysis C$4.27 +0.10 (+2.40%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$4.19▼C$4.2950-Day RangeC$4.07▼C$5.2552-Week RangeC$2.24▼C$6.06Volume318,405 shsAverage Volume489,398 shsMarket CapitalizationC$853.44 millionP/E RatioN/ADividend Yield1.41%Price TargetC$6.63 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Converge Technology Solutions alerts: Email Address Converge Technology Solutions MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside55.2% UpsideC$6.63 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 4 Articles This WeekInsider TradingSelling SharesC$250,446 Sold 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.2.47 out of 5 stars 3.4 Analyst's Opinion Consensus RatingConverge Technology Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageConverge Technology Solutions has only been the subject of 1 research reports in the past 90 days.Read more about Converge Technology Solutions' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CTS. Previous Next 0.8 Dividend Strength Dividend YieldConverge Technology Solutions pays a meaningful dividend of 1.21%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthConverge Technology Solutions does not have a long track record of dividend growth.Read more about Converge Technology Solutions' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CTS. Previous Next 2.0 News and Social Media Coverage News SentimentConverge Technology Solutions has a news sentiment score of 0.53. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Converge Technology Solutions this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for CTS on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Converge Technology Solutions insiders have sold 456.81% more of their company's stock than they have bought. Specifically, they have bought C$44,979.00 in company stock and sold C$250,446.00 in company stock.Percentage Held by InsidersOnly 5.45% of the stock of Converge Technology Solutions is held by insiders.Percentage Held by InstitutionsOnly 36.96% of the stock of Converge Technology Solutions is held by institutions.Read more about Converge Technology Solutions' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Converge Technology Solutions is -427.00, 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 -427.00, 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 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Converge Technology Solutions' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here 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 HeadlinesJune 26, 2024 | insidertrades.comInsider Selling: Converge Technology Solutions Corp. (TSE:CTS) Senior Officer Sells 30,600 Shares of StockJuly 23 at 3:36 AM | americanbankingnews.comConverge Technology Solutions Corp. (TSE:CTS) Receives Average Recommendation of "Moderate Buy" from BrokeragesJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 23 at 1:42 AM | msn.comSky Cable gets boost from Converge tieupJuly 22, 2024 | msn.comSky Cable, Converge team up for faster internetJuly 19, 2024 | markets.businessinsider.comCanadian Market Notably Lower As Technology, Materials Shares Decline SharplyJuly 19, 2024 | morningstar.comConverge Technology Solutions Corp CTSMay 10, 2024 | finance.yahoo.comConverge Technology Solutions First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 9, 2024 | finanznachrichten.deConverge Technology Solutions Corp.: Converge Reports First Quarter 2024 ResultsApril 26, 2024 | finance.yahoo.comConverge Technology Solutions (TSE:CTS) shareholders have earned a 39% CAGR over the last five yearsMarch 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 CorpFebruary 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 CallSee 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 Earnings5/09/2024Ex-Dividend for 6/6 Dividend5/22/2024Dividend Payable6/06/2024Today7/26/2024Next Earnings (Estimated)8/14/2024Get 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$6.63 High Stock Price TargetC$9.00 Low Stock Price TargetC$5.00 Potential Upside/Downside+55.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.01) Trailing P/E RatioN/A Forward P/E Ratio7.89 P/E Growth0.14Net IncomeC$-1,400,000.00 Net Margins-0.05% Pretax MarginN/A Return on Equity-1.08% Return on Assets1.38% Debt Debt-to-Equity Ratio58.49 Current Ratio0.93 Quick Ratio0.68 Sales & Book Value Annual SalesC$2.66 billion Price / Sales0.32 Cash FlowC$0.76 per share Price / Cash Flow5.63 Book ValueC$2.79 per share Price / Book1.53Miscellaneous Outstanding Shares199,870,000Free FloatN/AMarket CapC$853.44 million OptionableNot Optionable Beta1.93 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.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:SFTCAlithya GroupTSE:ALYAPivot Technology SolutionsTSE:PTGQuisitive Technology SolutionsCVE:QUISView All CompetitorsInsidersAvjit KambojSold 30,600 sharesTotal: C$134,946.00 ($4.41/share)Avjit KambojSold 25,000 sharesTotal: C$115,500.00 ($4.62/share)Greg BerardBought 8,197 shares on 6/4/2024Total: C$38,361.96 ($4.68/share)Cory ReidBought 1,399 shares on 5/31/2024Total: C$6,617.27 ($4.73/share)Cory ReidBought 2,315 shares on 3/22/2024Total: C$13,218.65 ($5.71/share)View All Insider Transactions CTS Stock Analysis - Frequently Asked Questions How have CTS shares performed this year? Converge Technology Solutions' stock was trading at C$4.14 at the beginning of the year. Since then, CTS stock has increased by 3.1% and is now trading at C$4.27. View the best growth stocks for 2024 here. How were Converge Technology Solutions' earnings last quarter? Converge Technology Solutions Corp. (TSE:CTS) posted its quarterly earnings results on Thursday, May, 9th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.11. The company earned $628.77 million during the quarter, compared to analysts' expectations of $661.10 million. Converge Technology Solutions had a negative net margin of 0.05% and a negative trailing twelve-month return on equity of 1.08%. 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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