NASDAQ:CTG - Computer Task Group Stock Price, Price Target & More

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$7.70 -0.09 (-1.16 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$7.70
Today's Range$7.69 - $7.85
52-Week Range$4.90 - $9.62
Volume21,067 shs
Average Volume37,428 shs
Market Capitalization$111.96 million
P/E Ratio35.00
Dividend YieldN/A
Beta0.46
Computer Task Group logoComputer 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

Industry Custom computer programming services
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:CTG
CUSIPN/A
Phone716-882-8000

Debt

Debt-to-Equity Ratio0.11
Current Ratio2.12
Quick Ratio2.12

Price-To-Earnings

Trailing P/E Ratio35.00
Forward P/E Ratio21.39
P/E Growth1.44

Sales & Book Value

Annual Sales$301.21 million
Price / Sales0.37
Cash Flow$0.3111 per share
Price / Cash24.75
Book Value$5.07 per share
Price / Book1.52

Profitability

EPS (Most Recent Fiscal Year)$0.22
Net Income$800,000.00
Net Margins0.16%
Return on Equity4.36%
Return on Assets2.62%

Miscellaneous

Employees3,200
Outstanding Shares14,370,000

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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 repurchase plan on Friday, February 16th 2018, which authorizes the company to repurchase 1,000% of shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through a dutch auction. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

How were Computer Task Group's earnings last quarter?

Computer Task Group, Inc. (NASDAQ:CTG) posted its quarterly earnings results on Thursday, April, 19th. The information technology services provider reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The information technology services provider earned $82.79 million during the quarter, compared to analyst estimates of $79.47 million. Computer Task Group had a return on equity of 4.36% and a net margin of 0.16%. View Computer Task Group's Earnings History.

What price target have analysts set for CTG?

2 analysts have issued 1 year price targets for Computer Task Group's shares. Their forecasts range from $9.00 to $9.00. On average, they expect Computer Task Group's stock price to reach $9.00 in the next year. 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 " (4/24/2018)
  • 2. Barrington Research analysts commented, "We have a MARKET PERFORM rating on CTG shares due to valuation considerations and the risk of an extended turnaround process. We need to feel confident that the business is poised for a sustainable return to growth and that the valuation is attractive before we consider changing our opinion." (4/20/2018)

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, CEO, Pres & Director (Age 63)
  • Mr. Peter P. Radetich, Sr. VP, Gen. Counsel & Sec. (Age 63)
  • Mr. Filip J. L. Gydé, Sr. VP & GM of Europe Operations (Age 57)
  • Mr. John M. Laubacker, CFO, Sr. VP & Treasurer (Age 51)
  • Ms. Laura Momplet, Chief Operations Officer and Chief Clinical Officer

Has Computer Task Group been receiving favorable news coverage?

Media coverage about CTG stock has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Computer Task Group earned a coverage optimism score of 0.07 on Accern's scale. They also assigned media stories about the information technology services provider an impact score of 46.00 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Computer Task Group's major shareholders?

Computer Task Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Minerva Advisors LLC (7.67%), Dimensional Fund Advisors LP (5.90%), BlackRock Inc. (2.23%), Ancora Advisors LLC (1.45%), Algert Global LLC (1.02%) and JPMorgan Chase & Co. (0.78%). 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 institutional investors are selling Computer Task Group stock?

CTG stock was sold by a variety of institutional investors in the last quarter, including First Wilshire Securities Management Inc., Minerva Advisors LLC, BlackRock Inc. and GSA Capital Partners LLP. Company insiders that have sold Computer Task Group company stock in the last year include Filip J L Gyde and Peter P Radetich. View Insider Buying and Selling for Computer Task Group.

Which institutional investors are buying Computer Task Group stock?

CTG stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Dimensional Fund Advisors LP, Bailard Inc., Millennium Management LLC, Crescent Grove Advisors LLC, Marathon Trading Investment Management LLC, Yakira Capital Management Inc. and Ancora Advisors 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 $7.70.

How big of a company is Computer Task Group?

Computer Task Group has a market capitalization of $111.96 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 (CTG)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  325
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 6/23/2018 by MarketBeat.com Staff

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