CTS vs. MSI, MNW, VCM, ICG, PL, ESP, VLN, TII, MXL, and TZS
Should you be buying Converge Technology Solutions stock or one of its competitors? The main competitors of Converge Technology Solutions include Morneau Shepell (MSI), Mitel Networks (MNW), Vecima Networks (VCM), Integra Gold (ICG), Pinnacle Renewable Energy (PL), Brompton Energy Split (ESP), Velan (VLN), Terra Firma Capital (TII), MX Gold (MXL), and Trez Capital Senior Mortgage Investment (TZS). These companies are all part of the "electronic equipment" industry.
Converge Technology Solutions vs.
Morneau Shepell (TSE:MSI) and Converge Technology Solutions (TSE:CTS) are both industrials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, profitability, dividends, institutional ownership, media sentiment, risk, community ranking and earnings.
Converge Technology Solutions has a consensus target price of C$5.86, indicating a potential upside of 77.55%. Given Converge Technology Solutions' stronger consensus rating and higher possible upside, analysts clearly believe Converge Technology Solutions is more favorable than Morneau Shepell.
Morneau Shepell received 199 more outperform votes than Converge Technology Solutions when rated by MarketBeat users. Likewise, 65.07% of users gave Morneau Shepell an outperform vote while only 41.28% of users gave Converge Technology Solutions an outperform vote.
In the previous week, Converge Technology Solutions had 25 more articles in the media than Morneau Shepell. MarketBeat recorded 25 mentions for Converge Technology Solutions and 0 mentions for Morneau Shepell. Converge Technology Solutions' average media sentiment score of 0.37 beat Morneau Shepell's score of 0.00 indicating that Converge Technology Solutions is being referred to more favorably in the news media.
Morneau Shepell pays an annual dividend of C$0.78 per share. Converge Technology Solutions pays an annual dividend of C$0.06 per share and has a dividend yield of 1.8%. Morneau Shepell pays out 202.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Converge Technology Solutions pays out -7.5% of its earnings in the form of a dividend. Converge Technology Solutions is clearly the better dividend stock, given its higher yield and lower payout ratio.
Morneau Shepell has higher earnings, but lower revenue than Converge Technology Solutions. Converge Technology Solutions is trading at a lower price-to-earnings ratio than Morneau Shepell, indicating that it is currently the more affordable of the two stocks.
33.3% of Converge Technology Solutions shares are owned by institutional investors. 6.0% of Converge Technology Solutions shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Morneau Shepell has a net margin of 0.00% compared to Converge Technology Solutions' net margin of -6.10%. Morneau Shepell's return on equity of 0.00% beat Converge Technology Solutions' return on equity.
Summary
Converge Technology Solutions beats Morneau Shepell on 12 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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Media Sentiment Over Time
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (TSE:CTS) was last updated on 11/21/2024 by MarketBeat.com Staff
