CTS vs. MX, MSI, MNW, ICG, PL, VCM, VLN, ESP, TII, and MXL
Should you be buying Converge Technology Solutions stock or one of its competitors? The main competitors of Converge Technology Solutions include Methanex (MX), Morneau Shepell (MSI), Mitel Networks (MNW), Integra Gold (ICG), Pinnacle Renewable Energy (PL), Vecima Networks (VCM), Velan (VLN), Brompton Energy Split (ESP), Terra Firma Capital (TII), and MX Gold (MXL). These companies are all part of the "electronic equipment" industry.
Converge Technology Solutions vs.
Converge Technology Solutions (TSE:CTS) and Methanex (TSE:MX) are both computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, media sentiment, community ranking, analyst recommendations, risk, profitability and earnings.
In the previous week, Methanex had 5 more articles in the media than Converge Technology Solutions. MarketBeat recorded 5 mentions for Methanex and 0 mentions for Converge Technology Solutions. Methanex's average media sentiment score of 0.91 beat Converge Technology Solutions' score of 0.36 indicating that Methanex is being referred to more favorably in the news media.
33.3% of Converge Technology Solutions shares are owned by institutional investors. Comparatively, 82.9% of Methanex shares are owned by institutional investors. 6.0% of Converge Technology Solutions shares are owned by insiders. Comparatively, 0.4% of Methanex shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Methanex has higher revenue and earnings than Converge Technology Solutions. Converge Technology Solutions is trading at a lower price-to-earnings ratio than Methanex, indicating that it is currently the more affordable of the two stocks.
Methanex has a net margin of 4.13% compared to Converge Technology Solutions' net margin of -6.35%. Methanex's return on equity of 7.70% beat Converge Technology Solutions' return on equity.
Converge Technology Solutions pays an annual dividend of C$0.06 per share and has a dividend yield of 1.1%. Methanex pays an annual dividend of C$1.00 per share and has a dividend yield of 1.9%. Converge Technology Solutions pays out -7.2% of its earnings in the form of a dividend. Methanex pays out 31.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Converge Technology Solutions has a beta of 1.81, suggesting that its share price is 81% more volatile than the S&P 500. Comparatively, Methanex has a beta of 1.79, suggesting that its share price is 79% more volatile than the S&P 500.
Converge Technology Solutions presently has a consensus price target of C$28.83, indicating a potential upside of 429.05%. Given Converge Technology Solutions' higher probable upside, equities analysts plainly believe Converge Technology Solutions is more favorable than Methanex.
Methanex received 390 more outperform votes than Converge Technology Solutions when rated by MarketBeat users. Likewise, 59.11% of users gave Methanex an outperform vote while only 39.34% of users gave Converge Technology Solutions an outperform vote.
Summary
Methanex beats Converge Technology Solutions on 15 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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 3/27/2025 by MarketBeat.com Staff
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