Stock CTS CONVERGE TECHNOLOGY SOLUTIONS CORP.
Add to a list
To use this feature you must be a member
Log inSign up

Company Converge Technology Solutions Corp.

Equities

CTS

CA21250C1068

IT Services & Consulting

Market Closed - Toronto S.E.
Other stock markets
 01:30:00 02/05/2024 am IST 		5-day change 1st Jan Change
5.26 CAD -1.68% Intraday chart for Converge Technology Solutions Corp. -7.23% +27.05%
18/04 Converge Technology Solutions Reports GenAI Focused Partnership With Forum Systems MT
18/04 Converge Technology Solutions Corp. Announces GenAI Focused Partnership with Forum Systems, Inc CI

Business Summary

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.

Number of employees: 2,700

Sales per Business

CAD in Million2022Weight2023Weight Delta
Converge
99.3 %
- - 2,686 99.3 % -
Portage Software-as-a-Solution Solution
0.7 %
- - 19 0.7 % -

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
70.2 %
1,445 66.8 % 1,899 70.2 % +31.39%
Europe
19.3 %
340 15.7 % 522 19.3 % +53.26%
Canada
10.5 %
379 17.5 % 285 10.5 % -24.87%

Managers

Managers TitleAgeSince
Shaun Maine CEO
 Chief Executive Officer - 01/17/01
Avjit Kamboj DFI
 Director of Finance/CFO - 10/23/10
Greg Berard PSD
 President - 23/19/23
Cory Reid COO
 Chief Operating Officer - 01/18/01
John Teltsch PRN
 Corporate Officer/Principal - 15/22/15
Julianne Belaga LAW
 General Counsel - 23/21/23
Karie Timion SAM
 Sales & Marketing - -
Rhonda Hanes HRO
 Human Resources Officer - -
Donald Lawrence Cuthbertson PRN
 Corporate Officer/Principal - 01/17/01

Members of the board

Members of the board TitleAgeSince
Thomas Paul Erich Volk CHM
 Chairman 65 20/21/20
Ralph Garcea BRD
 Director/Board Member 56 13/19/13
Toni Rinow BRD
 Director/Board Member 58 23/22/23
Wendy Bahr BRD
 Director/Board Member - 05/12
Shaun Maine CEO
 Chief Executive Officer - 01/17/01
Brian Arthur Phillips BRD
 Director/Board Member - 07/18/07
Nathan Chan BRD
 Director/Board Member - 07/18/07
Darlene Kelly BRD
 Director/Board Member - 23/21/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 203,410,984 191,559,045 ( 94.17 %) 0 94.17 %

Shareholders

NameEquities%Valuation
Mawer Investment Management Ltd.
14.02 %
28,511,281 14.02 % 123 M $
Shaun Maine
4.160 %
8,462,824 4.160 % 37 M $
Slater Investments Ltd.
2.524 %
5,133,599 2.524 % 22 M $
Aguja Capital GmbH
0.9897 %
2,013,121 0.9897 % 9 M $
Valentum Asset Management SGIIC SA
0.6886 %
1,400,651 0.6886 % 6 M $
Thomas Paul Erich Volk
0.6342 %
1,290,000 0.6342 % 6 M $
Donald Lawrence Cuthbertson
0.3996 %
812,770 0.3996 % 4 M $
Franklin Bissett Investment Management
0.3136 %
637,936 0.3136 % 3 M $
ATB Investment Management, Inc.
0.2754 %
560,142 0.2754 % 2 M $
Canaccord Genuity Corp. (Investment Management)
0.2458 %
500,000 0.2458 % 2 M $

Company contact information

Converge Technology Solutions Corp.

161 Bay Street Suite 2325

M5J 2T6, Toronto

+

http://www.convergetp.com
address Converge Technology Solutions Corp.(CTS)

Sector

Technology
Software & IT Services
Software & IT Services
IT Services & Consulting
Other IT Services & Consulting

Sales per Business

Sales per region

Ratings for Converge Technology Solutions Corp.

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
5.26 CAD
Average target price
6.773 CAD
Spread / Average Target
+28.76%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other IT Services & Consulting

1st Jan change Capi.
CONVERGE TECHNOLOGY SOLUTIONS CORP. Stock Converge Technology Solutions Corp.
+27.05% 787M
ACCENTURE PLC Stock Accenture plc
-14.89% 189B
TATA CONSULTANCY SERVICES LTD. Stock Tata Consultancy Services Ltd.
+0.72% 166B
IBM Stock IBM
+0.46% 152B
AUTOMATIC DATA PROCESSING, INC. Stock Automatic Data Processing, Inc.
+6.16% 99.37B
RELX PLC Stock RELX PLC
+6.11% 77.36B
CROWDSTRIKE HOLDINGS, INC. Stock CrowdStrike Holdings, Inc.
+15.71% 70.76B
INFOSYS LIMITED Stock Infosys Limited
-7.93% 70.46B
SNOWFLAKE INC. Stock Snowflake Inc.
-21.54% 51.83B
HCL TECHNOLOGIES LIMITED Stock HCL Technologies Limited
-6.79% 44.34B
Other IT Services & Consulting
  1. Stock Market
  2. Equities
  3. CTS Stock
  4. Company Converge Technology Solutions Corp.