Converge Technology Solutions Corp (CTS.CA) Forecast, Price Target & Analyst Ratings

TSX:CTS • CA21250C1068

Current stock price

5.99 CAD
0 (0%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Converge Technology Solutions Corp (CTS.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$5.92
-1.24% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 7, 2025
Period
Q1 / 2025
EPS Estimate
CA$0.13
Revenue Estimate
622.41M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
73.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$5.92
Upside
-1.24%
From current price of CA$5.99 to mean target of CA$5.92, Based on 12 analyst forecasts
Low
CA$5.56
Median
CA$6.12
High
CA$6.30

Price Target Revisions

1 Month
5.45%
3 Months
17.60%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for CTS.CA. The average price target is 5.92 CAD. This implies a price decrease of -1.24% is expected in the next year compared to the current price of 5.99.
The average price target has been revised upward by 17.6% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CTS Current Analyst RatingCTS Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

CTS Historical Analyst RatingsCTS Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
73.33%
CTS.CA was analyzed by 12 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about CTS.CA.
In the previous month the buy percentage consensus was at a similar level.
CTS.CA was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-12-13Scotiabank CapitalMaintains Outperform
2022-12-12CIBC Capital MarketsDowngrade Neutral
2022-12-05Berenberg Capital MarketsDowngrade Buy
2022-12-05STA ResearchUpgrade Buy
2022-12-02Berenberg Capital MarketsDowngrade
2022-11-23CIBC Capital MarketsMaintains Neutral
2022-11-23Scotiabank CapitalMaintains Outperform
2022-11-23STA ResearchDowngrade Buy
2022-11-11BMO FinancialDowngrade
2022-11-11Scotiabank CapitalDowngrade Outperform
2022-11-10Canaccord CapitalDowngrade
2022-11-10TD ResearchUpgrade Buy
2022-11-10CIBC Capital MarketsDowngrade Neutral
2022-11-10Eight CapitalDowngrade
2022-11-10Cormark SecuritiesDowngrade
2022-11-09Scotiabank CapitalMaintains Outperform
2022-11-01National Bank of Canada FinancialDowngrade Outperform
2022-11-01STA ResearchMaintains Buy
2022-10-28Raymond James CapitalDowngrade
2022-10-28Scotiabank CapitalDowngrade Outperform
2022-09-21Scotiabank CapitalMaintains Outperform
2022-08-11CIBC Capital MarketsUpgrade Neutral
2022-08-10Raymond James CapitalDowngrade Outperform
2022-08-04Eight CapitalDowngrade Buy
2022-08-03Scotiabank CapitalUpgrade Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 7, 2025
Period
Q1 / 2025
EPS Estimate
CA$0.13
Revenue Estimate
622.41M
Revenue Q2Q
-1.01%
EPS Q2Q
19.36%
Number of Analysts
7

Next Earnings Revisions

Revenue (1 Month)
-0.08%
Revenue (3 Months)
0.42%
EPS (1 Month)
-10.96%
EPS (3 Months)
-11.37%

Next Earnings Summary

CTS.CA is expected to report earnings on 5/7/2025. The consensus EPS estimate for the next earnings is 0.13 CAD and the consensus revenue estimate is 622.41M CAD.
The next earnings revenue estimate has been revised upward by 0.42% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2025 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2022 2023 2024 2025 2026 2027
Revenue
YoY % growth
CTS.CA revenue by date.CTS.CA revenue by date.
2.165B
41.68%		2.705B
24.97%		2.592B
-4.18%		2.639B
1.81%		2.77B
4.96%		2.781B
0.40%
EBITDA
YoY % growth
CTS.CA ebitda by date.CTS.CA ebitda by date.
136.47M
48.84%		166.602M
22.08%		161.457M
-3.09%		174.97M
8.37%		193.01M
10.31%		195.71M
1.40%
EBIT
YoY % growth
CTS.CA ebit by date.CTS.CA ebit by date.
56.4M
8.25%		46.619M
-17.34%		61.001M
30.85%		92.115M
51.01%		88.577M
-3.84%		N/A
Operating Margin
CTS.CA operating margin by date.CTS.CA operating margin by date.
2.61%1.72%2.35%3.49%3.20%N/A
EPS
YoY % growth
CTS.CA eps by date.CTS.CA eps by date.
0.50
400.00%		0.53
6.00%		0.65
22.64%		0.62
-3.97%		0.69
11.11%		0.83
19.85%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		0.13
19.36%		0.14
-23.81%		0.16
34.67%		0.17
-27.54%		0.16
23.08%		0.16
11.63%		0.160.20
21.21%
Revenue
Q2Q % growth		622.41M
-1.01%		657.47M
0.86%		658.51M
4.41%		680.08M
-0.10%		633.47M
1.78%		705.89M
7.36%		697M
5.85%		739.93M
8.80%
EBITDA
Q2Q % growth		37.401M
-9.74%		44.518M
-37.31%		41.387M
-50.36%		48.526M
-60.73%		36.562M
-2.24%		55.348M
24.33%		47.066M
13.72%		57.974M
19.47%
EBIT
Q2Q % growth		16.923M
17.57%		21.129M
24.34%		24.481M
277.04%		N/AN/AN/AN/AN/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CTS.CA Yearly Revenue VS EstimatesCTS.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B 2.5B
CTS.CA Yearly EPS VS EstimatesCTS.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 0.4 0.6 0.8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
8.54%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.44%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
59.08%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Converge Technology Solutions Corp / CTS.CA Forecast FAQ

What is the average price target for Converge Technology Solutions Corp (CTS.CA) stock?

12 analysts have analysed CTS.CA and the average price target is 5.92 CAD. This implies a price decrease of -1.24% is expected in the next year compared to the current price of 5.99.

Can you provide the upcoming earnings date for Converge Technology Solutions Corp?

Converge Technology Solutions Corp (CTS.CA) will report earnings on 2025-05-07.

What are the consensus estimates for Converge Technology Solutions Corp (CTS.CA) next earnings?

The consensus EPS estimate for the next earnings of Converge Technology Solutions Corp (CTS.CA) is 0.13 CAD and the consensus revenue estimate is 622.41M CAD.

Can you provide the expected long term growth rate for Converge Technology Solutions Corp stock?

The expected long term growth rate for Converge Technology Solutions Corp (CTS.CA) is 2.44%.