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Converge Technology Solutions (TSE:CTS)
:CTS
RESEARCH TOOLSreports
CTS Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$2.90 - C$6.06
Previous CloseN/A
Volume313.87K
Average Volume (3M)1.62M
Market Cap
C$1.13B
Enterprise ValueC$1.03B
Total Cash (Recent Filing)C$158.62M
Total Debt (Recent Filing)C$288.82M
Price to Earnings (P/E)―
Beta0.78
Next Earnings
May 13, 2025EPS Estimate
0.14Last Dividend Ex-Date
Dec 10, 2024Dividend Yield0.92%
Share Statistics
EPS (TTM)-0.89
Shares Outstanding188,607,090
10 Day Avg. Volume2,479,730
30 Day Avg. Volume1,615,032
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.41
Price to Cash Flow (P/CF)4.60
P/FCF Ratio4.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$5.81Price Target Upside-3.01% Downside
Rating ConsensusHold
Number of Analyst Covering8
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Converge Technology Solutions Corp News
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Options Prices
Currently, No data available
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Ownership Overview
5.11% Insiders
6.37%
Mutual Funds
0.09% Other Institutional Investors
86.71% Public Companies and
Individual Investors
CTS FAQ
What was Converge Technology Solutions’s price range in the past 12 months?
Converge Technology Solutions lowest stock price was C$2.90 and its highest was C$6.06 in the past 12 months.
What is Converge Technology Solutions’s market cap?
Converge Technology Solutions’s market cap is C$1.13B.
When is Converge Technology Solutions’s upcoming earnings report date?
Converge Technology Solutions’s upcoming earnings report date is May 13, 2025 which is in 27 days.
How were Converge Technology Solutions’s earnings last quarter?
Converge Technology Solutions released its earnings results on Mar 05, 2025. The company reported C$0.23 earnings per share for the quarter, beating the consensus estimate of C$0.15 by C$0.08.
Is Converge Technology Solutions overvalued?
According to Wall Street analysts Converge Technology Solutions’s price is currently Overvalued.
Does Converge Technology Solutions pay dividends?
Converge Technology Solutions pays a Thriceyearly dividend of C$0.042 which represents an annual dividend yield of 0.92%. See more information on Converge Technology Solutions dividends here
What is Converge Technology Solutions’s EPS estimate?
Converge Technology Solutions’s EPS estimate is 0.14.
How many shares outstanding does Converge Technology Solutions have?
Converge Technology Solutions has 188,607,090 shares outstanding.
What happened to Converge Technology Solutions’s price movement after its last earnings report?
Converge Technology Solutions reported an EPS of C$0.23 in its last earnings report, beating expectations of C$0.15. Following the earnings report the stock price went down -0.183%.
Which hedge fund is a major shareholder of Converge Technology Solutions?
Currently, no hedge funds are holding shares in TSE:CTS
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Converge Technology Solutions Corp Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
C$5.81 (-3.01% Downside)
C$5.81 (-3.01% Downside)
Insider Transactions
Bought Shares
Worth C$11.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.22%
12-Months-Change
Fundamentals
Return on Equity
-37.61%
Trailing 12-Months
Asset Growth
1.53%
Trailing 12-Months
Company Description
Converge Technology Solutions
Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization. In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions. Further, the company provides hardware for education and public sectors. It serves corporate and government institutions. The company has operations in the United States and Canada. Converge Technology Solutions Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.
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CTS Stock 12 Month Forecast
Average Price Target
C$5.81
▼(-3.01% Downside)
Technical Analysis
Open Text
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Best Analysts Covering CTS
1 Year
1 Year Success Rate
7/18 ratings generated profit
1 Year Average Return
+8.95%
reiterated a buy rating 2 months ago
Copying Steven Li's trades and holding each position for 1 Year would result in 38.89% of your transactions generating a profit, with an average return of +8.95% per trade.
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