Added to YB: 2024-12-13
Pitch date: 2024-12-13
CTS.TO [bullish]
Converge Technology Solutions Corp.
+61.31%
current return
Author Info
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Company Info
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada.
Market Cap
CAD 1.0B
Pitch Price
CAD 3.36
Price Target
6.74 (+24%)
Dividend
1.11%
Sector
IT Services
Category
value
Show full summary:
Converge Technology Solutions (CTS.TO): Re-Rating Potential in a Consolidating IT Market
CTS.TO: Revenue growth acceleration, margin expansion (6->8% EBITDA), multiple expansion potential. LSD-MSD topline growth. M&A paused for integration & cash conversion. High FCF yield & buyback. Attractive roll-up space. 100% upside potential. Good setup for re-rating.
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