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19
CTS.TO Quote, Financials, Valuation and Earnings
Last price:
$3.26
Seasonality move
:
9.72%
Day range:
$3.15 - $3.28
52-week range:
$2.90 - $6.06
Dividend yield:
1.69%
P/E ratio:
--
P/S ratio:
0.26x
P/B ratio:
1.75x
Volume:
443.1K
Avg. volume:
555.6K
1-year change:
-20.29%
Market cap:
$629.4M
Revenue:
$2.7B
EPS (TTM):
-$0.82
Analysts' Opinion
-
Consensus RatingConverge Technology Solutions has received a consensus rating of Buy. The company's average rating is a Buy based on 5 Buy ratings, 4 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $5.04, Converge Technology Solutions has an estimated upside of 54.63% from its current price of $3.26.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $4.00 representing 100% downside risk from its current price of $3.26.
Fair Value
-
According to the consensus of 9 analysts, Converge Technology Solutions has 54.63% upside to fair value with a price target of $5.04 per share.
CTS.TO vs. S&P 500
-
Over the past 5 trading days, Converge Technology Solutions has underperformed the S&P 500 by -7.41% suggesting its relative strength compared to the major market average is weak at this time.
Share Buyback
-
Converge Technology Solutions does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Converge Technology Solutions revenues have been falling on a year-over-year basis for 3 quarters in a row. In the most recent quarter Converge Technology Solutions reported revenues of $630.7M.
Earnings Growth
-
Converge Technology Solutions has grown year-over-year earnings for 2 quarters straight. In the most recent quarter Converge Technology Solutions reported earnings per share of -$0.02.
Enterprise value:
757.3M
EV / Invested capital:
1.13x
Price / LTM sales:
0.26x
EV / EBIT:
49.87x
EV / Revenue:
0.30x
PEG ratio (5yr expected):
0.00x
EV / Free cash flow:
2.37x
Price / Operating cash flow:
2.05x
Enterprise value / EBITDA:
8.64x
Gross Profit (TTM):
$694.3M
Return On Assets:
-7.71%
Net Income Margin (TTM):
-6.35%
Return On Equity:
-31.85%
Return On Invested Capital:
-19.03%
Operating Margin:
1.03%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $1.8B | $2.7B | $2.6B | $710.1M | $630.7M | |
| Gross Profit | $497.7M | $690.3M | $694.3M | $174.1M | $158.3M | |
| Operating Income | $57.1M | $53.5M | $51.8M | $8.9M | $6.5M | |
| EBITDA | $122.4M | $127.1M | -$42M | $38.1M | $23.3M | |
| Diluted EPS | $0.17 | -$0.05 | -$0.82 | -$0.01 | -$0.02 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $290.7M | $675.4M | $999.6M | $1.1B | $1.1B | |
| Total Assets | $493.1M | $1.3B | $2B | $2.2B | $2B | |
| Current Liabilities | $396.5M | $523.6M | $1.2B | $1B | $1.1B | |
| Total Liabilities | $444.7M | $662.2M | $1.4B | $1.5B | $1.7B | |
| Total Equity | $48.3M | $607.9M | $639.7M | $612.1M | $359.5M | |
| Total Debt | $115.7M | $1.4M | $371.7M | $412.8M | $308.3M | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $31M | $145.5M | $326.9M | $95.9M | $49.1M | |
| Cash From Investing | -$409M | -$174.4M | -$36.6M | -$27.6M | $1.7M | |
| Cash From Financing | $349.8M | -$41.7M | -$217M | -$41.2M | -$44.6M | |
| Free Cash Flow | $9.5M | $135.3M | $319.5M | $98.1M | $51.3M | |
CTS.TO
Sector
Market Cap
$629.4M
$123.7M
Price % of 52-Week High
53.8%
68.33%
Dividend Yield
1.69%
0%
Shareholder Yield
10.05%
1%
1-Year Price Total Return
-20.29%
-6.88%
Beta (5-Year)
1.774
0.944
Dividend yield:
1.69%
Annualized payout:
$0.00
Payout ratio:
-6.13%
Growth streak:
0 years
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Technicals
8-day SMA
Sell
Level
$3.30
200-day SMA
Sell
Level
$4.48
Bollinger Bands (100)
Sell
Level
3.35 - 4.53
Chaikin Money Flow
Sell
Level
-6.6M
20-day SMA
Sell
Level
$3.34
Relative Strength Index (RSI14)
Sell
Level
43.01
ADX Line
Sell
Level
16.02
Williams %R
Neutral
Level
-73.8095
50-day SMA
Sell
Level
$3.47
MACD (12, 26)
Sell
Level
-0.06
25-day Aroon Oscillator
Sell
Level
-36
On Balance Volume
Sell
Level
-30.2M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (1.627)
Sell
CA Score
(Annual)
Level (-0.9944)
--
Beneish M-Score
(Annual)
Level (--)
Buy
Momentum Score
Level (6)
Buy
Ohlson Score
Level (-8.7528)
Buy
Piotroski F Score
(Annual)
Level (6)
Buy
Quality Ratio Score
Level (6)
Buy
Fundamental Score
Level (5)
Revenue Forecast
Earnings per Share Forecast
Company Profile
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.
Stock Forecast FAQ
In the current month, CTS.TO has received 5 Buy ratings 4 Hold ratings, and 0 Sell ratings. The CTS.TO average analyst price target in the past 3 months is $5.04.
-
Where Will Converge Technology Solutions Stock Be In 1 Year?
According to analysts, the consensus estimate is that Converge Technology Solutions share price will rise to $5.04 per share over the next 12 months.
-
What Do Analysts Say About Converge Technology Solutions?
Analysts are divided on their view about Converge Technology Solutions share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Converge Technology Solutions is a Sell and believe this share price will drop from its current level to $4.00.
-
What Is Converge Technology Solutions's Price Target?
The price target for Converge Technology Solutions over the next 1-year time period is forecast to be $5.04 according to 9 Wall Street analysts, 5 of them rate the stock a Buy, 0 rate the stock a Sell, and 4 analysts rate the stock a Hold.
-
Is CTS.TO A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Converge Technology Solutions is a Buy. 5 of 9 analysts rate the stock a Buy at this time.
-
How Can I Buy Shares Of CTS.TO?
You can purchase shares of Converge Technology Solutions via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Converge Technology Solutions shares.
-
What Is The Converge Technology Solutions Share Price Today?
Converge Technology Solutions was last trading at $3.26 per share. This represents the most recent stock quote for Converge Technology Solutions. Yesterday, Converge Technology Solutions closed at $3.26 per share.
-
How To Buy Converge Technology Solutions Stock Online?
In order to purchase Converge Technology Solutions stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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