TSX:CTS - Toronto Stock Exchange - CA21250C1068 - Common Stock - Currency: CAD
Converge Technology Solutions Corp
TSX:CTS (4/23/2025, 7:00:00 PM)
5.99
0 (0%)
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%.
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 |
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.
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
The current stock price of CTS.CA is 5.99 CAD.
The exchange symbol of Converge Technology Solutions Corp is CTS and it is listed on the Toronto Stock Exchange exchange.
CTS.CA stock is listed on the Toronto Stock Exchange exchange.
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.
Converge Technology Solutions Corp (CTS.CA) has a market capitalization of 1.13B CAD. This makes CTS.CA a Small Cap stock.
Converge Technology Solutions Corp (CTS.CA) currently has 2700 employees.
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.
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.
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:
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.
Converge Technology Solutions Corp (CTS.CA) will report earnings on 2025-05-13.
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.
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 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.
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 Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | N/A | ||
ROA | -8.13% | ||
ROE | -49.54% | ||
Debt/Equity | 0.8 |
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