NASDAQ:CTG Computer Task Group (CTG) Stock Forecast, Price & News $7.20 +0.13 (+1.84%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$6.90▼$7.2550-Day Range$6.21▼$7.4752-Week Range$6.05▼$9.60Volume24,924 shsAverage Volume23,622 shsMarket Capitalization$114.46 millionP/E Ratio24.00Dividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Computer Task Group MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.17% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.25Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth28.81%From $0.59 to $0.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.63 out of 5 starsComputer And Technology Sector84th out of 609 stocksCustom Computer Programming Services Industry5th out of 26 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Computer Task Group. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.17% of the float of Computer Task Group has been sold short.Short Interest Ratio / Days to CoverComputer Task Group has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Computer Task Group has recently increased by 28.57%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldComputer Task Group does not currently pay a dividend.Dividend GrowthComputer Task Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Computer Task Group is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Computer Task Group will have a dividend payout ratio of 31.58% next year. This indicates that Computer Task Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CTG. Previous Next 1.5 News and Social Media Coverage News SentimentComputer Task Group has a news sentiment score of -0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Computer Task Group this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for CTG on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows1 people have added Computer Task Group to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Computer Task Group insiders have not sold or bought any company stock.Percentage Held by Insiders10.20% of the stock of Computer Task Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions50.65% of the stock of Computer Task Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Computer Task Group are expected to grow by 28.81% in the coming year, from $0.59 to $0.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Computer Task Group is 24.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Computer Task Group is 24.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 320.33.Price to Earnings Growth RatioComputer Task Group has a PEG Ratio of 0.60. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioComputer Task Group has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Computer Task Group (NASDAQ:CTG) StockComputer Task Group, Inc. engages in the provision of information technology solutions and staffing services. The firm's services encompass the information technology business solution life cycle, including phases for planning, developing, implementing, managing, and maintaining the information technology solution. It operates through the following segments: North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The North America and Europe IT Solutions and Services segments offer digital transformation solutions. The Non-Strategic Technology Services provides staffing services. The company was founded by Randolph A. Marks and G. David Baer on March 11, 1966 and is headquartered in Buffalo, NY.Read More Receive CTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Computer Task Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CTG Stock News HeadlinesMay 31, 2023 | americanbankingnews.comComputer Task Group (NASDAQ:CTG) Stock Price Crosses Below 200-Day Moving Average of $7.18May 29, 2023 | msn.comComputer Task Group: Headwinds And Tailwinds Cancel OutJune 3, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 24, 2023 | thestreet.comComputer Task Group IncorporatedMay 23, 2023 | msn.comUnusual Call Option Trade in Computer Task Group (CTG) Worth $27.50KMay 16, 2023 | americanbankingnews.comEquities Analysts Set Expectations for Computer Task Group, Incorporated's FY2024 Earnings (NASDAQ:CTG)May 10, 2023 | finance.yahoo.comQ1 2023 Computer Task Group Inc Earnings CallMay 9, 2023 | finance.yahoo.comComputer Task Group (CTG) Q1 Earnings and Revenues Lag EstimatesJune 3, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 9, 2023 | finanznachrichten.deComputer Task Group, Incorporated: CTG IT Solutions and Services Segments Gross Margin Improved to 28.9% in First Quarter 2023May 9, 2023 | msn.comComputer Task Group reports misses Q1 top and bottom consensus; updates FY23 outlookMay 9, 2023 | finance.yahoo.comCTG IT Solutions and Services Segments Gross Margin Improved to 28.9% in First Quarter 2023May 8, 2023 | americanbankingnews.comComputer Task Group (CTG) Scheduled to Post Earnings on TuesdayMay 6, 2023 | americanbankingnews.comComputer Task Group, Incorporated (NASDAQ:CTG) Expected to Post FY2023 Earnings of $0.61 Per ShareMay 1, 2023 | americanbankingnews.comComputer Task Group (NASDAQ:CTG) Downgraded by StockNews.comApril 25, 2023 | finance.yahoo.comCTG Announces First Quarter 2023 Financial Results Conference Call and WebcastApril 6, 2023 | americanbankingnews.comComputer Task Group (NASDAQ:CTG) Upgraded to Buy by StockNews.comMarch 17, 2023 | finance.yahoo.comComputer Task Group Full Year 2022 Earnings: EPS Misses ExpectationsMarch 14, 2023 | finance.yahoo.comCTG to Webcast Presentation at the Sidoti Spring 2023 Virtual Investor ConferenceMarch 7, 2023 | finance.yahoo.comShould You Investigate Computer Task Group, Incorporated (NASDAQ:CTG) At US$7.89?February 24, 2023 | finance.yahoo.comQ4 2022 Computer Task Group Inc Earnings CallFebruary 23, 2023 | msn.comComputer Task Group GAAP EPS of $0.14, revenue of $77.9MFebruary 23, 2023 | finance.yahoo.comCTG IT Solutions and Services Segments Deliver Gross Margin of 31.8% for Fourth Quarter 2022February 22, 2023 | msn.comEarnings Preview: Computer Task GroupFebruary 9, 2023 | finance.yahoo.comCTG Announces Fourth Quarter and Full Year 2022 Financial Results Conference Call and WebcastFebruary 1, 2023 | finance.yahoo.comCTG Achieves AWS Service Delivery Designation for Amazon ConnectJanuary 23, 2023 | nasdaq.comRoyce & Associates Lp Ups Stake in Computer Task Group, Inc. (CTG)See More Headlines CTG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CTG Company Calendar Last Earnings11/09/2021Today6/03/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Custom computer programming services Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:CTG Previous SymbolNASDAQ:CTGX CUSIPN/A CIK23111 Webwww.ctg.com Phone(716) 882-8000Fax716-887-7464Employees3,200Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.30 Trailing P/E Ratio24.00 Forward P/E Ratio12.20 P/E Growth0.6Net Income$6.61 million Net Margins1.49% Pretax Margin2.26% Return on Equity7.21% Return on Assets4.08% Debt Debt-to-Equity Ratio0.01 Current Ratio1.96 Quick Ratio1.96 Sales & Book Value Annual Sales$325.08 million Price / Sales0.35 Cash Flow$0.74 per share Price / Cash Flow9.67 Book Value$6.75 per share Price / Book1.07Miscellaneous Outstanding Shares15,900,000Free Float14,276,000Market Cap$114.48 million OptionableOptionable Beta0.89 Key ExecutivesFilip J. L. GydéPresident, Chief Executive Officer & DirectorJohn M. LaubackerChief Financial Officer, Treasurer & Executive VPThomas J. NiehausEVP & General Manager-North America OperationPeter P. RadetichSecretary, Senior Vice President & General CounselAmanda LeBlancChief Marketing Officer & Vice PresidentKey CompetitorsSynchronoss TechnologiesNASDAQ:SNCRSemantixNASDAQ:STIXMIND C.T.I.NASDAQ:MNDORumbleONNASDAQ:RMBLGeospace TechnologiesNASDAQ:GEOSView All CompetitorsInstitutional OwnershipAncora Advisors LLCBought 16,217 shares on 5/16/2023Ownership: 1.224%Dimensional Fund Advisors LPSold 6,648 shares on 5/12/2023Ownership: 6.307%Renaissance Technologies LLCSold 12,695 shares on 5/12/2023Ownership: 4.832%BlackRock Inc.Bought 2,499 shares on 5/12/2023Ownership: 1.679%O Shaughnessy Asset Management LLCBought 2,953 shares on 5/12/2023Ownership: 0.135%View All Institutional Transactions CTG Stock - Frequently Asked Questions How have CTG shares performed in 2023? Computer Task Group's stock was trading at $7.56 at the beginning of the year. Since then, CTG stock has decreased by 4.8% and is now trading at $7.20. View the best growth stocks for 2023 here. Are investors shorting Computer Task Group? Computer Task Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 20,700 shares, an increase of 28.6% from the April 30th total of 16,100 shares. Based on an average trading volume of 35,900 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are short sold. View Computer Task Group's Short Interest. When is Computer Task Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our CTG earnings forecast. How were Computer Task Group's earnings last quarter? Computer Task Group, Incorporated (NASDAQ:CTG) released its earnings results on Tuesday, November, 9th. The information technology services provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.11 by $0.02. The information technology services provider had revenue of $90.60 million for the quarter, compared to the consensus estimate of $91.19 million. Computer Task Group had a trailing twelve-month return on equity of 7.21% and a net margin of 1.49%. During the same quarter in the prior year, the business posted $0.18 EPS. What guidance has Computer Task Group issued on next quarter's earnings? Computer Task Group issued an update on its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of $0.56-$0.64 for the period, compared to the consensus earnings per share estimate of $0.61. The company issued revenue guidance of $310.00 million-$340.00 million, compared to the consensus revenue estimate of $319.30 million. What is Filip Gydé's approval rating as Computer Task Group's CEO? 68 employees have rated Computer Task Group Chief Executive Officer Filip Gydé on Glassdoor.com. Filip Gydé has an approval rating of 55% among the company's employees. This puts Filip Gydé in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 63.0% of employees surveyed would recommend working at Computer Task Group to a friend. What other stocks do shareholders of Computer Task Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Computer Task Group investors own include SeaChange International (SEAC), Actinium Pharmaceuticals (ATNM), Nokia Oyj (NOK), Pfizer (PFE), Smith Micro Software (SMSI), Zynerba Pharmaceuticals (ZYNE), Digital Turbine (APPS), Enphase Energy (ENPH), Alphabet (GOOG) and Inovio Pharmaceuticals (INO). What is Computer Task Group's stock symbol? Computer Task Group trades on the NASDAQ under the ticker symbol "CTG." Who are Computer Task Group's major shareholders? Computer Task Group's stock is owned by many different institutional and retail investors. Top institutional investors include Royce & Associates LP (10.72%), Dimensional Fund Advisors LP (6.31%), Renaissance Technologies LLC (4.83%), BlackRock Inc. (1.68%), Ancora Advisors LLC (1.22%) and PEAK6 Investments LLC (0.55%). Insiders that own company stock include Daniel J Sullivan, David H Klein, James R Helvey III, Owen J Sullivan, Raj Rajgopal and Valerie Rahmani. View institutional ownership trends. How do I buy shares of Computer Task Group? Shares of CTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Computer Task Group's stock price today? One share of CTG stock can currently be purchased for approximately $7.20. How much money does Computer Task Group make? Computer Task Group (NASDAQ:CTG) has a market capitalization of $114.48 million and generates $325.08 million in revenue each year. The information technology services provider earns $6.61 million in net income (profit) each year or $0.30 on an earnings per share basis. How many employees does Computer Task Group have? The company employs 3,200 workers across the globe. How can I contact Computer Task Group? Computer Task Group's mailing address is 800 DELAWARE AVE, BUFFALO NY, 14209. The official website for the company is www.ctg.com. The information technology services provider can be reached via phone at (716) 882-8000, via email at john.laubacker@ctg.com, or via fax at 716-887-7464. This page (NASDAQ:CTG) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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