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Converge Technology Solutions (CTS) Competitors

Converge Technology Solutions logo
C$3.71 +0.31 (+9.12%)
As of 01/3/2025 05:23 PM Eastern

CTS vs. MSI, MNW, ICG, PL, VCM, 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), Integra Gold (ICG), Pinnacle Renewable Energy (PL), Vecima Networks (VCM), 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.

Converge Technology Solutions (TSE:CTS) and Morneau Shepell (TSE:MSI) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, community ranking, earnings, analyst recommendations, valuation, risk, media sentiment and dividends.

In the previous week, Converge Technology Solutions had 3 more articles in the media than Morneau Shepell. MarketBeat recorded 3 mentions for Converge Technology Solutions and 0 mentions for Morneau Shepell. Converge Technology Solutions' average media sentiment score of 1.01 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 Positive
Morneau Shepell Neutral

Converge Technology Solutions presently has a consensus target price of C$5.93, indicating a potential upside of 59.89%. Given Converge Technology Solutions' stronger consensus rating and higher possible upside, research analysts plainly 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
0 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.58
Morneau Shepell
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

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.

Company Net Margins Return on Equity Return on Assets
Converge Technology Solutions-6.10% -33.46% 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 1.6%. Morneau Shepell pays an annual dividend of C$0.78 per share. Converge Technology Solutions pays out -7.5% 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.

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$2.64B0.27-C$161.17M-C$0.80-4.64
Morneau ShepellC$993.25M0.00C$26.55MC$0.39N/A

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 endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Morneau Shepell received 198 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 41.82% of users gave Converge Technology Solutions an outperform vote.

CompanyUnderperformOutperform
Converge Technology SolutionsOutperform Votes
46
41.82%
Underperform Votes
64
58.18%
Morneau ShepellOutperform Votes
244
65.07%
Underperform Votes
131
34.93%

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

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$724.19MC$2.93BC$26.31BC$6.20B
Dividend Yield1.30%3.69%2.77%5.40%
P/E Ratio-4.64199.82241.0225.45
Price / Sales0.27251.823,221.981,425.90
Price / Cash5.6320.8735.9182.88
Price / Book1.893.238.463.15
Net Income-C$161.17MC$104.01MC$683.45MC$296.55M
7 Day Performance13.11%3.36%2.73%2.49%
1 Month Performance11.08%4.46%9.69%-0.67%
1 Year Performance-9.51%20.54%29.56%37.85%

Converge Technology Solutions Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CTS
Converge Technology Solutions
3.5237 of 5 stars
C$3.71
+9.1%
C$5.93
+59.9%
-9.1%C$724.19MC$2.64B-4.644,210Analyst Forecast
News Coverage
MSI
Morneau Shepell
N/AN/AN/AN/AC$2.22BC$993.25M83.5520,000
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
VCM
Vecima Networks
2.4706 of 5 stars
C$15.01
-1.9%
C$25.50
+69.9%
-5.8%C$364.89MC$291.05M18.76591News Coverage
ESP
Brompton Energy Split
N/AC$5.46
+1.7%
N/A+71.7%C$193.64MC$26.82M-79.13150Gap Up
VLN
Velan
N/AC$10.50
-1.4%
N/A+104.9%C$63.21MC$374.99M-13.13310High Trading Volume
TII
Terra Firma Capital
N/AC$7.25
-0.5%
N/A+0.0%C$40.46MC$5.09M22.6633,000News Coverage
MXL
MX Gold
N/AC$0.11
+∞
N/A+0.0%C$31.40MN/A0.001,840Gap Up
TZS
Trez Capital Senior Mortgage Investment
N/AN/AN/AN/AC$14.64MC$1.16M3.62N/A

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This page (TSE:CTS) was last updated on 1/5/2025 by MarketBeat.com Staff
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