Converge Technology Solutions Corp reported an EPS of C$0.12 in its last earnings report, expectations of C$0.12. Following the earnings report the stock price went down -8.833%.

245 Followers

CTS Stock Chart & Stats

Advanced Chart >

Day’s RangeC$0 - C$0

52-Week RangeC$2.38 - C$7.13

Previous CloseC$2.79

Volume323.60K

Average Volume (3M)622.02K

Market Cap

C$571.73M

Enterprise ValueN/A

Total Cash (Recent Filing)C$78.44M

Total Debt (Recent Filing)C$430.31M

Price to Earnings (P/E)51.3

Beta1.78

Next Earnings

Nov 08, 2023

EPS Estimate

C$0.11

Last Dividend Ex-Date

Sep 07, 2023

Dividend Yield

0.01 (0.48%)

Share Statistics

EPS (TTM)0.05

Shares Outstanding204,922,884

10 Day Avg. Volume418,901

30 Day Avg. Volume622,021

Standard Deviation0.19

R-Squared0.19

Alpha0.03

Financial Highlights & Ratios

Price to Book (P/B)-1.45

Price to Sales (P/S)0.85

Price to Cash Flow (P/CF)-14.80

P/FCF Ratio0.00

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

C$5.48

Price Target Upside95.71% Upside

Rating ConsensusStrong Buy

Number of Analyst Covering4

Converge Technology Solutions Corp News

Press ReleasesConverge Technology Solutions Reports Second Quarter 2023 Financial Results

2M ago

Press ReleasesConverge Technology Solutions Reports Second Quarter 2023 Financial Results

2M ago

Press ReleasesConverge to Host Second Quarter Fiscal 2023 Conference Call

2M ago

Press ReleasesConverge to Host Second Quarter Fiscal 2023 Conference Call

2M ago

CTS

Press ReleasesConverge Technology Solutions Reports Strong Q1 2023 Results and Declares Quarterly Cash Dividend

5M ago

Press ReleasesConverge Technology Solutions Reports Strong Q1 2023 Results and Declares Quarterly Cash Dividend

5M ago

CTS

Press ReleasesConverge Technology Solutions Corp. Appoints Avjit Kamboj to Chief Financial Officer

5M ago

CTS

Press ReleasesConverge Announces First Quarter 2023 Financial Results Conference Call Date

5M ago

See More TSE:CTS News >

Financials

Annual

Income Statement >

CTS FAQ

What was Converge Technology Solutions Corp’s price range in the past 12 months?

Converge Technology Solutions Corp lowest stock price was C$2.38 and its highest was C$7.13 in the past 12 months.

What is Converge Technology Solutions Corp’s market cap?

Currently, no data Available

When is Converge Technology Solutions Corp’s upcoming earnings report date?

Converge Technology Solutions Corp’s upcoming earnings report date is Nov 08, 2023 which is in 41 days.

How were Converge Technology Solutions Corp’s earnings last quarter?

Converge Technology Solutions Corp released its earnings results on Aug 09, 2023. The company reported C$0.12 earnings per share for the quarter, the consensus estimate of C$0.12 by C$0.

Is Converge Technology Solutions Corp overvalued?

According to Wall Street analysts Converge Technology Solutions Corp’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Converge Technology Solutions Corp pay dividends?

Converge Technology Solutions Corp pays a Notavailable dividend of <C$0.01 which represents an annual dividend yield of 0.36%. See more information on Converge Technology Solutions Corp dividends here

What is Converge Technology Solutions Corp’s EPS estimate?

Converge Technology Solutions Corp’s EPS estimate is C$0.11.

How many shares outstanding does Converge Technology Solutions Corp have?

Converge Technology Solutions Corp has 204,922,880 shares outstanding.

What happened to Converge Technology Solutions Corp’s price movement after its last earnings report?

Converge Technology Solutions Corp reported an EPS of C$0.12 in its last earnings report, expectations of C$0.12. Following the earnings report the stock price went down -8.833%.

Which hedge fund is a major shareholder of Converge Technology Solutions Corp?

Currently, no hedge funds are holding shares in TSE:CTS

---

Converge Technology Solutions Corp Stock Smart Score

Neutral

Fundamentals

Return on Equity

1.91%

Trailing 12-Months

Asset Growth

21.01%

Trailing 12-Months

The Converge Technology Solutions Corp stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Learn more about TipRanks Smart Score

Go to Top Smart score Stocks >

Company Description

Converge Technology Solutions Corp

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face. It has two reportable segments: the United States and Canada. The majority of its revenue is generated from product sales in the United States.

---