CTS vs. SFTC, ET, HPS.A, DND, TIXT, CMG, TCS, ENGH, CPLF, and VCM
Should you be buying Converge Technology Solutions stock or one of its competitors? The main competitors of Converge Technology Solutions include Softchoice (SFTC), Evertz Technologies (ET), Hammond Power Solutions (HPS.A), Dye & Durham (DND), TELUS International (Cda) (TIXT), Computer Modelling Group (CMG), Tecsys (TCS), Enghouse Systems (ENGH), Copperleaf Technologies (CPLF), and Vecima Networks (VCM). These companies are all part of the "computer and technology" sector.
Converge Technology Solutions (TSE:CTS) and Softchoice (TSE:SFTC) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, risk, profitability, media sentiment, valuation, community ranking and institutional ownership.
Converge Technology Solutions received 38 more outperform votes than Softchoice when rated by MarketBeat users. Likewise, 44.79% of users gave Converge Technology Solutions an outperform vote while only 26.32% of users gave Softchoice an outperform vote.
Softchoice has a net margin of 5.64% compared to Converge Technology Solutions' net margin of -0.05%. Softchoice's return on equity of 93.93% beat Converge Technology Solutions' return on equity.
Converge Technology Solutions has a beta of 1.91, suggesting that its share price is 91% more volatile than the S&P 500. Comparatively, Softchoice has a beta of -0.17, suggesting that its share price is 117% less volatile than the S&P 500.
Converge Technology Solutions presently has a consensus target price of C$6.63, suggesting a potential upside of 30.93%. Softchoice has a consensus target price of C$21.83, suggesting a potential upside of ∞. Given Softchoice's higher possible upside, analysts clearly believe Softchoice is more favorable than Converge Technology Solutions.
Converge Technology Solutions pays an annual dividend of C$0.04 per share and has a dividend yield of 0.8%. Softchoice pays an annual dividend of C$0.52 per share. Converge Technology Solutions pays out -400.0% of its earnings in the form of a dividend. Softchoice pays out 48.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Converge Technology Solutions is clearly the better dividend stock, given its higher yield and lower payout ratio.
Softchoice has lower revenue, but higher earnings than Converge Technology Solutions. Converge Technology Solutions is trading at a lower price-to-earnings ratio than Softchoice, indicating that it is currently the more affordable of the two stocks.
In the previous week, Converge Technology Solutions had 6 more articles in the media than Softchoice. MarketBeat recorded 13 mentions for Converge Technology Solutions and 7 mentions for Softchoice. Converge Technology Solutions' average media sentiment score of 0.66 beat Softchoice's score of -0.74 indicating that Converge Technology Solutions is being referred to more favorably in the media.
36.4% of Converge Technology Solutions shares are held by institutional investors. Comparatively, 72.6% of Softchoice shares are held by institutional investors. 5.8% of Converge Technology Solutions shares are held by company insiders. Comparatively, 1.3% of Softchoice shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Converge Technology Solutions beats Softchoice on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CTS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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