CTS vs. SFTC, DND, ET, TIXT, HPS.A, CMG, ENGH, TCS, VCM, and CVO
Should you be buying Converge Technology Solutions stock or one of its competitors? The main competitors of Converge Technology Solutions include Softchoice (SFTC), Dye & Durham (DND), Evertz Technologies (ET), TELUS International (Cda) (TIXT), Hammond Power Solutions (HPS.A), Computer Modelling Group (CMG), Enghouse Systems (ENGH), Tecsys (TCS), Vecima Networks (VCM), and Coveo Solutions (CVO). These companies are all part of the "computer and technology" sector.
Softchoice (TSE:SFTC) and Converge Technology Solutions (TSE:CTS) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, media sentiment, valuation, risk, profitability, analyst recommendations, community ranking, earnings and institutional ownership.
In the previous week, Softchoice and Softchoice both had 2 articles in the media. Softchoice's average media sentiment score of 1.03 beat Converge Technology Solutions' score of -0.21 indicating that Converge Technology Solutions is being referred to more favorably in the news media.
Softchoice pays an annual dividend of C$0.52 per share and has a dividend yield of 3.1%. Converge Technology Solutions pays an annual dividend of C$0.04 per share and has a dividend yield of 0.7%. Softchoice pays out 49.1% of its earnings in the form of a dividend. Converge Technology Solutions pays out -400.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Converge Technology Solutions received 38 more outperform votes than Softchoice when rated by MarketBeat users. Likewise, 45.74% of users gave Converge Technology Solutions an outperform vote while only 29.41% of users gave Softchoice an outperform vote.
Softchoice has a beta of -0.18, suggesting that its stock price is 118% less volatile than the S&P 500. Comparatively, Converge Technology Solutions has a beta of 1.91, suggesting that its stock price is 91% more volatile than the S&P 500.
Softchoice has higher earnings, but lower revenue than Converge Technology Solutions. Converge Technology Solutions is trading at a lower price-to-earnings ratio than Softchoice, indicating that it is currently the more affordable of the two stocks.
Softchoice currently has a consensus price target of C$22.75, suggesting a potential upside of 33.51%. Converge Technology Solutions has a consensus price target of C$6.47, suggesting a potential upside of 20.08%. Given Converge Technology Solutions' higher probable upside, equities analysts plainly believe Softchoice is more favorable than Converge Technology Solutions.
Softchoice has a net margin of 5.64% compared to Softchoice's net margin of -0.05%. Converge Technology Solutions' return on equity of 93.93% beat Softchoice's return on equity.
73.6% of Softchoice shares are held by institutional investors. Comparatively, 36.3% of Converge Technology Solutions shares are held by institutional investors. 1.3% of Softchoice shares are held by insiders. Comparatively, 5.8% of Converge Technology Solutions shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Summary
Softchoice beats Converge Technology Solutions on 10 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CTS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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