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Converge Technology Solutions OTCPK:CTSD.F Stock Report

Last Price

US$2.30

Market Cap

US$439.3m

7D

-4.2%

1Y

-27.0%

Updated

22 Dec, 2024

Data

Company Financials +

Converge Technology Solutions Corp.

OTCPK:CTSD.F Stock Report

Market Cap: US$439.3m

My Notes

Capture your thoughts, links and company narrative

Converge Technology Solutions Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Converge Technology Solutions
Historical stock prices
Current Share PriceCA$2.30
52 Week HighCA$4.44
52 Week LowCA$2.09
Beta1.79
1 Month Change-5.74%
3 Month Change-27.90%
1 Year Change-26.98%
3 Year Change-72.65%
5 Year Change130.00%
Change since IPO188.15%

Recent News & Updates

Recent updates

Shareholder Returns

CTSD.FUS ITUS Market
7D-4.2%-1.7%-2.4%
1Y-27.0%12.6%23.3%

Return vs Industry: CTSD.F underperformed the US IT industry which returned 12.6% over the past year.

Return vs Market: CTSD.F underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is CTSD.F's price volatile compared to industry and market?
CTSD.F volatility
CTSD.F Average Weekly Movement9.4%
IT Industry Average Movement8.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: CTSD.F has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CTSD.F's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20162,700Greg Berardwww.convergetp.com

Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, artificial intelligence, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The company also offers managed and talent services, and hardware and software products and solutions.

Converge Technology Solutions Corp. Fundamentals Summary

How do Converge Technology Solutions's earnings and revenue compare to its market cap?
CTSD.F fundamental statistics
Market capUS$439.32m
Earnings (TTM)-US$113.20m
Revenue (TTM)US$1.78b

0.2x

P/S Ratio

-3.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CTSD.F income statement (TTM)
RevenueCA$2.56b
Cost of RevenueCA$1.87b
Gross ProfitCA$694.34m
Other ExpensesCA$857.02m
Earnings-CA$162.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.84
Gross Margin27.10%
Net Profit Margin-6.35%
Debt/Equity Ratio85.8%

How did CTSD.F perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

-6%

Payout Ratio

Does CTSD.F pay a reliable dividends?

See CTSD.F dividend history and benchmarks
When do you need to buy CTSD.F by to receive an upcoming dividend?
Converge Technology Solutions dividend dates
Ex Dividend DateDec 10 2024
Dividend Pay DateDec 27 2024
Days until Ex dividend12 days
Days until Dividend pay date5 days

Does CTSD.F pay a reliable dividends?

See CTSD.F dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Converge Technology Solutions Corp. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin MayBerenberg
Deepak KaushalBMO Capital Markets Equity Research
Robert YoungCanaccord Genuity