Logo image of CTS.CA

Converge Technology Solutions Corp (CTS.CA) Stock Price, Quote, News and Overview

TSX:CTS - Toronto Stock Exchange - CA21250C1068 - Common Stock - Currency: CAD

5.99  0 (0%)

CTS.CA Quote, Performance and Key Statistics

Converge Technology Solutions Corp

TSX:CTS (4/23/2025, 7:00:00 PM)

5.99

0 (0%)

Sector
GICS SectorInformation Technology
GICS IndustryIT Services
GICS IndustryGroupSoftware & Services
GICS SubIndustryIT Consulting & Other Services
Statistics
52 Week High6.06
52 Week Low2.9
Market Cap1.13B
Shares188.61M
Float177.32M
Yearly Dividend0.05
Dividend Yield1%
PE9.22
Fwd PE9.6
Earnings (Next)05-13 2025-05-13
IPO04-30 2018-04-30


CTS.CA short term performance overview.The bars show the price performance of CTS.CA in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 20 40 60 80

CTS.CA long term performance overview.The bars show the price performance of CTS.CA in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 20 -20 40 60 80

The current stock price of CTS.CA is 5.99 CAD. In the past month the price increased by 9.71%. In the past year, price increased by 8.91%.

Converge Technology Solutions Corp / CTS Daily stock chart

CTS.CA Competitors/Peers

The largest stocks on the Canadian markets in the "IT Consulting & Other Services" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
GIB-A.CA CGI INC 18.82 33.21B
ALYA.CA ALITHYA GROUP INC-CLASS A 85.5 157.37M
PVT.CA PIVOTREE INC N/A 29.05M
GNFI.CA GENIFI INC N/A 1.44M

About CTS.CA

Company Profile

CTS logo image Converge Technology Solutions Corp. engages in the provision of hybrid Information Technology solutions. The company is headquartered in Toronto, Ontario. The company went IPO on 2018-04-30. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The company supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.

Company Info

Converge Technology Solutions Corp

161 Bay St Suite 2325

TORONTO ONTARIO M5J2S1 CA

CEO: Shaun Maine

Employees: 2700

Company Website: https://convergetp.com/

Investor Relations: http://convergetp.com/investor-relations/

Phone: 14163603995

Converge Technology Solutions Corp / CTS.CA FAQ

What is the stock price of Converge Technology Solutions Corp today?

The current stock price of CTS.CA is 5.99 CAD.


What is the ticker symbol for Converge Technology Solutions Corp stock?

The exchange symbol of Converge Technology Solutions Corp is CTS and it is listed on the Toronto Stock Exchange exchange.


On which exchange is CTS.CA stock listed?

CTS.CA stock is listed on the Toronto Stock Exchange exchange.


What is the price forecast or stock price prediction for Converge Technology Solutions Corp stock?

12 analysts have analysed CTS.CA and the average price target is 5.61 CAD. This implies a price decrease of -6.34% is expected in the next year compared to the current price of 5.99. Check the Converge Technology Solutions Corp stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is Converge Technology Solutions Corp worth?

Converge Technology Solutions Corp (CTS.CA) has a market capitalization of 1.13B CAD. This makes CTS.CA a Small Cap stock.


How many employees does Converge Technology Solutions Corp have?

Converge Technology Solutions Corp (CTS.CA) currently has 2700 employees.


What are the support and resistance levels for Converge Technology Solutions Corp (CTS.CA) stock?

Converge Technology Solutions Corp (CTS.CA) has a support level at 5.45 and a resistance level at 6. Check the full technical report for a detailed analysis of CTS.CA support and resistance levels.


Is Converge Technology Solutions Corp (CTS.CA) expected to grow?

The Revenue of Converge Technology Solutions Corp (CTS.CA) is expected to grow by 1.08% in the next year. Check the estimates tab for more information on the CTS.CA EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy Converge Technology Solutions Corp (CTS.CA) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does Converge Technology Solutions Corp (CTS.CA) stock pay dividends?

Converge Technology Solutions Corp (CTS.CA) has a dividend yield of 1%. The yearly dividend amount is currently 0.05. Check the full fundamental report for a detailed analysis of CTS.CA dividend history, reliability and sustainability.


When does Converge Technology Solutions Corp (CTS.CA) report earnings?

Converge Technology Solutions Corp (CTS.CA) will report earnings on 2025-05-13.


What is the Price/Earnings (PE) ratio of Converge Technology Solutions Corp (CTS.CA)?

The PE ratio for Converge Technology Solutions Corp (CTS.CA) is 9.22. This is based on the reported non-GAAP earnings per share of 0.65 and the current share price of 5.99 CAD. Check the full fundamental report for a full analysis of the valuation metrics for CTS.CA.


CTS.CA Technical Analysis

ChartMill assigns a technical rating of 9 / 10 to CTS.CA. When comparing the yearly performance of all stocks, CTS.CA is one of the better performing stocks in the market, outperforming 89.62% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

CTS.CA Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to CTS.CA. Both the profitability and the financial health of CTS.CA get a neutral evaluation. Nothing too spectacular is happening here.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

CTS.CA Financial Highlights

Over the last trailing twelve months CTS.CA reported a non-GAAP Earnings per Share(EPS) of 0.65. The EPS increased by 22.64% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -8.13%
ROE -49.54%
Debt/Equity 0.8
Chartmill High Growth Momentum
EPS Q2Q%21.05%
Sales Q2Q%4.56%
EPS 1Y (TTM)22.64%
Revenue 1Y (TTM)-4.18%

CTS.CA Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 73% to CTS.CA. The Buy consensus is the average rating of analysts ratings from 12 analysts.

For the next year, analysts expect an EPS growth of -3.97% and a revenue growth 1.08% for CTS.CA


Ownership
Inst Owners32.73%
Ins Owners5.89%
Short Float %N/A
Short RatioN/A
Analysts
Analysts73.33
Price Target5.61 (-6.34%)
EPS Next Y-3.97%
Revenue Next Year1.08%