NASDAQ:CTG - Computer Task Group Stock Price, News, & Analysis

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$4.27 -0.05 (-1.16 %)
(As of 12/17/2018 10:25 AM ET)
Previous Close$4.32
Today's Range$4.27 - $4.27
52-Week Range$4.16 - $9.62
Volume82 shs
Average Volume34,334 shs
Market Capitalization$61.69 million
P/E Ratio19.41
Dividend YieldN/A
Beta0.52
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:CTG
Previous SymbolNASDAQ:CTGX
CUSIPN/A
Phone716-882-8000

Debt

Debt-to-Equity Ratio0.05
Current Ratio2.16
Quick Ratio2.16

Price-To-Earnings

Trailing P/E Ratio19.41
Forward P/E Ratio15.25
P/E Growth1.03

Sales & Book Value

Annual Sales$301.21 million
Price / Sales0.20
Cash Flow$0.3110 per share
Price / Cash Flow13.73
Book Value$5.07 per share
Price / Book0.84

Profitability

EPS (Most Recent Fiscal Year)$0.22
Net Income$800,000.00
Net Margins0.62%
Return on Equity5.13%
Return on Assets2.84%

Miscellaneous

Employees3,200
Outstanding Shares14,280,000
Market Cap$61.69 million
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 has authorized a stock buyback plan on Friday, February 16th 2018, which permits the company to buyback 1,000% of outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through a dutch auction. Stock buyback plans are generally 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, October, 18th. The information technology services provider reported $0.06 earnings per share for the quarter, meeting analysts' consensus estimates of $0.06. The information technology services provider had revenue of $90.26 million for the quarter, compared to analysts' expectations of $88.62 million. Computer Task Group had a net margin of 0.62% and a return on equity of 5.13%. View Computer Task Group's Earnings History.

When is Computer Task Group's next earnings date?

Computer Task Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Computer Task Group.

What guidance has Computer Task Group issued on next quarter's earnings?

Computer Task Group updated its FY 2018 earnings guidance on Thursday, October, 18th. The company provided earnings per share guidance of $0.26-0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.31. The company issued revenue guidance of $355-360 million, compared to the consensus revenue estimate of $355.4 million.Computer Task Group also updated its Q4 2018 guidance to $0.06-0.10 EPS.

What price target have analysts set for CTG?

2 equities research analysts have issued twelve-month price targets for Computer Task Group's stock. Their predictions range from $9.00 to $10.00. On average, they anticipate Computer Task Group's stock price to reach $9.50 in the next twelve months. This suggests a possible upside of 122.5% 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 " (12/10/2018)
  • 2. Barrington Research analysts commented, "We expect the company to report Q3/18 non-GAAP EPS of $0.06, which is in line with the FactSet consensus of $0.06. Our forecast represents an increase from $0.05 in the year-ago period and a decline from $0.08 in the sequential period." (10/15/2018)

Has Computer Task Group been receiving favorable news coverage?

News coverage about CTG stock has been trending somewhat positive on Monday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Computer Task Group earned a news impact score of 1.0 on InfoTrie's scale. They also assigned headlines about the information technology services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are some of Computer Task Group's key competitors?

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

Who are Computer Task Group's major shareholders?

Computer Task Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Minerva Advisors LLC (8.10%), Dimensional Fund Advisors LP (6.92%), Royce & Associates LP (5.63%), Tocqueville Asset Management L.P. (1.82%), Acadian Asset Management LLC (1.78%) and Algert Global LLC (1.48%). 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 Royce & Associates LP and JPMorgan Chase & Co.. 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 Tocqueville Asset Management L.P., Minerva Advisors LLC, Ancora Advisors LLC, Crescent Grove Advisors LLC, Dimensional Fund Advisors LP, Algert Global LLC, Acadian Asset Management LLC and Macquarie Group Ltd.. 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 $4.27.

How big of a company is Computer Task Group?

Computer Task Group has a market capitalization of $61.69 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?

The official website for Computer Task Group is http://www.ctg.com.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  409
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.
This page was last updated on 12/17/2018 by MarketBeat.com Staff

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