Converge Technology Solutions Corp CTSDF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Converge Technology Solutions Collaborates with Red Hat to Accelerate Customer Success with Professional Services
-
Converge Technology Solutions Announces PCI-DSS Certification for IBM Power for Google Cloud (IP4G) Platform
-
Converge Announces Renewal of Normal Course Issuer Bid
-
Converge Reports Second Quarter 2024 Results
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Converge Technology Solutions Announces Participation in the Canaccord Genuity 44th Annual Growth Conference
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Converge to Host Second Quarter Fiscal 2024 Conference Call
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Converge Technology Solutions Announces Deconsolidation of Portage CyberTech Inc.
Trading Information
- Previous Close Price
- $3.08
- Day Range
- $3.25–3.35
- 52-Week Range
- $1.66–4.44
- Bid/Ask
- $2.77 / $3.36
- Market Cap
- $653.94 Mil
- Volume/Avg
- 37,808 / 22,166
Key Statistics
- Price/Earnings (Normalized)
- 7.04
- Price/Sales
- 0.32
- Dividend Yield (Trailing)
- 1.20%
- Dividend Yield (Forward)
- 1.44%
- Total Yield
- 7.23%
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.
- Sector
- Technology
- Industry
- Information Technology Services
- Stock Style Box
- Small Value
- Total Number of Employees
- 2,700
- Website
- https://www.convergetp.com
Comparables
Valuation
|
Metric
|
CTSDF
|
GEN
|
ATA
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.04 | 13.24 | 26.50 |
Price/Book Value | 2.15 | 8.35 | 2.09 |
Price/Sales | 0.32 | 4.45 | 1.19 |
Price/Cash Flow | 8.60 | 54.51 | 23.70 |
Price/Earnings
CTSDF
GEN
ATA
Financial Strength
|
Metric
|
CTSDF
|
GEN
|
ATA
|
|---|---|---|---|
Quick Ratio | 0.91 | 0.25 | 1.24 |
Current Ratio | 1.00 | 0.30 | 1.29 |
Interest Coverage | −3.91 | 1.77 | 7.74 |
Quick Ratio
CTSDF
GEN
ATA
Profitability
|
Metric
|
CTSDF
|
GEN
|
ATA
|
|---|---|---|---|
Return on Assets (Normalized) | 1.83% | 8.10% | 4.53% |
Return on Equity (Normalized) | 7.23% | 56.94% | 8.77% |
Return on Invested Capital (Normalized) | 7.86% | 15.65% | 7.77% |
Return on Assets
CTSDF
GEN
ATA
Information Technology Services Industry Comparables
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United States