Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India. Its IT solutions include the implementation and optimization of packaged software applications; development and deployment of customized software and solutions designed to fit the needs of a specific client or market; and design and distribution of complex technology components, as well as offers consulting services. The company's IT and other staffing services include recruiting, retaining, and managing IT and other talent primarily for technology service providers and other companies with multiple locations. It serves technology service and healthcare providers, and health insurers, as well as manufacturing, life sciences, energy, and financial services companies. Computer Task Group, Incorporated was founded in 1966 and is headquartered in Buffalo, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:CTG
CUSIPN/A
Phone716-882-8000
Debt
Debt-to-Equity Ratio0.09
Current Ratio2.41
Quick Ratio2.41
Price-To-Earnings
Trailing P/E Ratio25.18
Forward P/E Ratio17.42
P/E Growth1.15
Sales & Book Value
Annual Sales$301.21 million
Price / Sales0.26
Cash Flow$0.3190 per share
Price / Cash16.93
Book Value$5.07 per share
Price / Book1.07
Profitability
EPS (Most Recent Fiscal Year)$0.22
Net Income$800,000.00
Net Margins0.30%
Return on Equity4.78%
Return on Assets2.76%
Miscellaneous
Employees3,200
Outstanding Shares14,470,000
Market Cap$77.13 million
Computer Task Group (NASDAQ:CTG) Frequently Asked Questions
What is Computer Task Group's stock symbol?
Computer Task Group trades on the NASDAQ under the ticker symbol "CTG."
How will Computer Task Group's stock buyback program work?
Computer Task Group announced that its board has initiated a share buyback program on Friday, February 16th 2018, which allows the company to buyback 1,000% of shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through a dutch auction. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.
How were Computer Task Group's earnings last quarter?
Computer Task Group, Inc. (NASDAQ:CTG) posted its quarterly earnings data on Thursday, July, 19th. The information technology services provider reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.00. The information technology services provider earned $92.67 million during the quarter, compared to analyst estimates of $88.06 million. Computer Task Group had a net margin of 0.30% and a return on equity of 4.78%. View Computer Task Group's Earnings History.
When is Computer Task Group's next earnings date?
What price target have analysts set for CTG?
2 brokers have issued 12 month price targets for Computer Task Group's stock. Their forecasts range from $9.00 to $9.00. On average, they anticipate Computer Task Group's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 66.1% from the stock's current price. View Analyst Price Targets for Computer Task Group.
What is the consensus analysts' recommendation for Computer Task Group?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Computer Task Group in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Computer Task Group.
What are Wall Street analysts saying about Computer Task Group stock?
Here are some recent quotes from research analysts about Computer Task Group stock:
- 1. According to Zacks Investment Research, "Computer Task Group, Incorporated provides information technology (IT) staffing, IT solutions, and application management outsourcing services in North America and Europe. The company's staffing services consist of recruiting, retaining, and managing IT talent for its clients. Its IT solutions include helping clients assess their business needs and identifying the IT solutions for these needs, as well as the delivery of services, including the selection and implementation of packaged software, and the design, construction, testing, and integration of new systems. It serves primarily technology service providers, financial services, healthcare, and life sciences market areas.Computer Task Group was founded in 1966 by Randolph A. Marks and G. David Bae. The company is headquartered in Buffalo, New York " (9/20/2018)
- 2. Barrington Research analysts commented, "We are reducing our 2018 and 2019 non-GAAP EPS forecasts to $0.33 and $0.40 from $0.36 and $0.45, respectively, to reflect higher business development spending and lower utilization rates." (7/23/2018)
Who are some of Computer Task Group's key competitors?
Some companies that are related to Computer Task Group include PDF Solutions (PDFS), RealNetworks (RNWK), Perion Network (PERI), MIND C.T.I. (MNDO), Innovative Solutions & Support (ISSC), Bright Mountain Media (BMTM), Modsys International (MDSYF), Evolving Systems (EVOL), TSR (TSRI), Luokung Technology (KONE), Inpixon (INPX) and Cicero (CICN).
Who are Computer Task Group's key executives?
Computer Task Group's management team includes the folowing people:
- Mr. Arthur W. Crumlish, Pres, CEO & Director (Age 63)
- Mr. John M. Laubacker, Exec. VP, CFO & Treasurer (Age 51)
- Mr. Peter P. Radetich, Sr. VP, Gen. Counsel & Sec. (Age 63)
- Mr. Filip J. L. Gydé, Exec. VP and GM & Pres of CTG Europe (Age 57)
- Ms. Laura Momplet, Chief Operations Officer and Chief Clinical Officer
Has Computer Task Group been receiving favorable news coverage?
Media stories about CTG stock have been trending somewhat positive on Friday, Accern reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Computer Task Group earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned news headlines about the information technology services provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Computer Task Group.
Who are Computer Task Group's major shareholders?
Computer Task Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Minerva Advisors LLC (7.42%), Renaissance Technologies LLC (6.80%), Dimensional Fund Advisors LP (6.61%), Royce & Associates LP (6.54%), Granahan Investment Management Inc. MA (2.09%) and Acadian Asset Management LLC (1.67%). Company insiders that own Computer Task Group stock include Filip J L Gyde, John M Laubacker and Peter P Radetich. View Institutional Ownership Trends for Computer Task Group.
Which major investors are selling Computer Task Group stock?
CTG stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Mork Capital Management LLC, Royce & Associates LP, Bank of New York Mellon Corp, Bank of New York Mellon Corp, GSA Capital Partners LLP and Minerva Advisors LLC. View Insider Buying and Selling for Computer Task Group.
Which major investors are buying Computer Task Group stock?
CTG stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Acadian Asset Management LLC, Cove Street Capital LLC, Granahan Investment Management Inc. MA and Algert Global LLC. View Insider Buying and Selling for Computer Task Group.
How do I buy shares of Computer Task Group?
Shares of CTG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Computer Task Group's stock price today?
One share of CTG stock can currently be purchased for approximately $5.42.
How big of a company is Computer Task Group?
Computer Task Group has a market capitalization of $77.13 million and generates $301.21 million in revenue each year. The information technology services provider earns $800,000.00 in net income (profit) each year or $0.22 on an earnings per share basis. Computer Task Group 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 information technology services provider can be reached via phone at 716-882-8000.
MarketBeat Community Rating for Computer Task Group (NASDAQ CTG)
MarketBeat's community ratings are surveys of what our community members think about Computer Task Group and other stocks. Vote "Outperform" if you believe CTG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTG will underperform the S&P 500 over the long term. You may vote once every thirty days.
