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
Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
Phone716-882-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$301.21 million
Profitability
Miscellaneous
Employees3,200
OptionableOptionable
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 of Directors has approved a share buyback plan on Friday, February 16th 2018, which allows the company to repurchase 1,000% of shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through a dutch auction. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.
How were Computer Task Group's earnings last quarter?
Computer Task Group, Inc. (NASDAQ:CTG) announced its earnings results on Thursday, October, 18th. The information technology services provider reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. The information technology services provider earned $90.26 million during the quarter, compared to analyst estimates of $88.62 million. Computer Task Group had a return on equity of 5.13% and a net margin of 0.62%. 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 analysts have issued 1 year target prices for Computer Task Group's stock. Their forecasts range from $9.00 to $10.00. On average, they anticipate Computer Task Group's stock price to reach $9.50 in the next year. This suggests a possible upside of 127.3% 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. Barrington Research analysts commented, "We expect the company to provide its initial financial guidance for 2019 when it reports earnings in coming weeks." (1/4/2019)
- 2. 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 " (12/18/2018)
Has Computer Task Group been receiving favorable news coverage?
Headlines about CTG stock have been trending positive on Monday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Computer Task Group earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave media coverage about the information technology services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
Who are some of Computer Task Group's key competitors?
Some companies that are related to Computer Task Group include Bright Mountain Media (BMTM), RealNetworks (RNWK), Perion Network (PERI), MIND C.T.I. (MNDO), Innovative Solutions & Support (ISSC), Modsys International (MDSYF), Evolving Systems (EVOL), TSR (TSRI), Inpixon (INPX), Cicero (CICN), Callidus Software (CALD), Luokung Technology (KONE) and Syntel (SYNT).
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 64)
- Mr. John M. Laubacker, Exec. VP, CFO & Treasurer (Age 52)
- Mr. Peter P. Radetich, Sr. VP, Gen. Counsel & Sec. (Age 64)
- Mr. Filip J. L. Gydé, Exec. VP, GM & Pres of CTG Europe (Age 58)
- Ms. Laura Momplet, Chief Operations Officer and Chief Clinical Officer
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 $4.18.
How big of a company is Computer Task Group?
Computer Task Group has a market capitalization of $59.69 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.
What is Computer Task Group's official website?
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.
