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Converge Technology Solutions (CTS) Competitors

Converge Technology Solutions logo
C$5.99 0.00 (0.00%)
As of 11:42 AM Eastern

CTS vs. MSI, MX, MNW, ICG, PL, VLN, VCM, 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 Morneau Shepell (MSI), Methanex (MX), Mitel Networks (MNW), Integra Gold (ICG), Pinnacle Renewable Energy (PL), Velan (VLN), Vecima Networks (VCM), 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 Morneau Shepell (TSE:MSI) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, community ranking, risk, analyst recommendations, media sentiment, dividends, profitability, valuation and earnings.

Converge Technology Solutions presently has a consensus target price of C$16.63, suggesting a potential upside of 177.55%. Given Converge Technology Solutions' stronger consensus rating and higher probable upside, research analysts clearly believe Converge Technology Solutions is more favorable than Morneau Shepell.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Converge Technology Solutions
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
2 Strong Buy rating(s)
2.33
Morneau Shepell
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Morneau Shepell has lower revenue, but higher earnings 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Converge Technology SolutionsC$2.48B0.46-C$157.26M-C$0.83-7.18
Morneau ShepellC$993.25M0.00C$26.55MC$0.39N/A

In the previous week, Converge Technology Solutions had 2 more articles in the media than Morneau Shepell. MarketBeat recorded 2 mentions for Converge Technology Solutions and 0 mentions for Morneau Shepell. Converge Technology Solutions' average media sentiment score of 0.46 beat Morneau Shepell's score of 0.00 indicating that Converge Technology Solutions is being referred to more favorably in the media.

Company Overall Sentiment
Converge Technology Solutions Neutral
Morneau Shepell Neutral

33.3% of Converge Technology Solutions shares are held by institutional investors. 6.0% of Converge Technology Solutions shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Morneau Shepell received 196 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 38.10% of users gave Converge Technology Solutions an outperform vote.

CompanyUnderperformOutperform
Converge Technology SolutionsOutperform Votes
48
38.10%
Underperform Votes
78
61.90%
Morneau ShepellOutperform Votes
244
65.07%
Underperform Votes
131
34.93%

Morneau Shepell has a net margin of 0.00% compared to Converge Technology Solutions' net margin of -6.35%. Morneau Shepell's return on equity of 0.00% beat Converge Technology Solutions' return on equity.

Company Net Margins Return on Equity Return on Assets
Converge Technology Solutions-6.35% -34.40% 1.62%
Morneau Shepell N/A N/A N/A

Converge Technology Solutions pays an annual dividend of C$0.06 per share and has a dividend yield of 1.0%. Morneau Shepell pays an annual dividend of C$0.78 per share. Converge Technology Solutions pays out -7.2% of its earnings in the form of a dividend. 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Converge Technology Solutions beats Morneau Shepell on 11 of the 18 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.
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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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CTS vs. The Competition

MetricConverge Technology SolutionsInformation Technology Services IndustryComputer SectorTSE Exchange
Market CapC$1.13BC$2.23BC$21.50BC$5.48B
Dividend Yield1.02%3.61%3.01%6.84%
P/E Ratio-7.184.3539.4030.33
Price / Sales0.46136.682,253.73545.49
Price / Cash5.6320.5534.6382.93
Price / Book3.253.465.673.53
Net Income-C$157.26MC$105.97MC$735.36MC$299.64M
7 Day Performance0.17%2.18%1.47%4.87%
1 Month Performance9.71%-0.39%-7.37%-3.65%
1 Year Performance12.59%10.80%52,820.08%10.85%

Converge Technology Solutions Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CTS
Converge Technology Solutions
2.858 of 5 stars
C$5.99
flat
C$16.63
+177.5%
+11.1%C$1.13BC$2.48B-7.184,210
MSI
Morneau Shepell
N/AN/AN/AN/AC$2.22BC$993.25M83.5520,000
MX
Methanex
N/AC$39.05
-4.5%
N/A-43.3%C$1.86BC$2.60B12.27900Analyst Revision
News Coverage
Gap Down
High Trading Volume
MNW
Mitel Networks
N/AN/AN/AN/AC$1.82BC$1.30B-128.523,300High Trading Volume
ICG
Integra Gold
N/AC$0.85
+∞
N/A+0.0%C$413.33MN/A0.00147,000Gap Up
PL
Pinnacle Renewable Energy
N/AN/AN/AN/AC$376.63MC$490.50M-74.77800
VLN
Velan
N/AC$14.74
-1.7%
N/A+162.1%C$216.76MC$250.33M-3.40310
VCM
Vecima Networks
2.9332 of 5 stars
C$9.00
-2.2%
C$19.33
+114.8%
-57.2%C$215.99MC$307.47M10.91591News Coverage
Negative News
ESP
Brompton Energy Split
N/AC$4.39
+1.6%
N/A-12.3%C$155.69MC$26.82M-63.62150Positive News
Gap Down
High Trading Volume
TII
Terra Firma Capital
N/AC$7.25
-0.5%
N/A+0.0%C$40.46MC$5.09M22.6633,000
MXL
MX Gold
N/AC$0.11
+∞
N/A+0.0%C$31.40MN/A0.001,840Gap Up
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This page (TSE:CTS) was last updated on 4/17/2025 by MarketBeat.com Staff
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