Converge Technology Solutions Corp. (TSE:CTS – Free Report) – Cormark equity analysts report on Converge Technology Solutions' 2025 earnings per share in a research note issued to investors on Thursday, March 7th. announced their predictions. Cormark analyst G. Fairweather expects the company to report full-year earnings per share of $0.74. Converge Technology Solutions' current consensus estimate for full-year earnings is $0.58 per share.

Several other research analysts also weigh in on CTS. CIBC raised their target price on shares of Converge Technology Solutions from CA$4.50 to CA$5.00 and gave the stock a “neutral” rating in a report on Thursday. Echelon Wealth Partners raised their target price on shares of Converge Technology Solutions from CA$5.80 to CA$6.25 and gave the company a “sector perform” rating in a research note on Thursday. Raymond James upped their target price on Converge Technology Solutions from CA$5.50 to CA$6.50 and gave the stock an “outperform” rating in a research note on Thursday. TD Securities raised their target price on Converge Technology Solutions from CA$4.25 to CA$6.00 and gave the company a “hold” rating in a research report on Thursday. Finally, Eight Capital raised their price objective on Converge Technology Solutions from CA$7.00 to CA$9.00 and gave the stock a “buy” rating in a report on Thursday. Three investment analysts have rated the stock as a “hold” and five have rated it a “buy.” According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$6.43.

Check out the latest report on CTS.

Converge Technology Solutions Stock Price Performance

TSE CTS opened at C$5.42 on Monday. The company's current ratio is 1.09x, quick ratio is 0.68x, and debt-to-equity ratio is 75.63x. The company has a market capitalization of CA$1.11 billion, a P/E ratio of -108.40, a price-to-earnings ratio of 0.14x, and a beta of 1.91x. His 50 day moving average price for this company is CA$4.43 and his 200 day moving average price is CA$3.70. Converge Technology Solutions' stock price has hit a 12-month low of C$2.24 and a 12-month high of C$5.44.

Converge Technology Solutions announces dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 26th. Investors of record on Tuesday, March 26th will be given a dividend of $0.01 per share. This equates to an annualized dividend of $0.04 and a yield of 0.74%. The ex-dividend date of this dividend is March 11th (Monday). Converge Technology Solutions' dividend payout ratio (DPR) is currently -80.00%.

Converge Technology Solutions Company Profile

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Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. The company's solutions approach provides advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace products to clients across a variety of industries.

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Converge Technology Solutions (TSE: CTS) performance trends and forecasts



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