Computer Task Group, Inc. (CTG)

NASDAQ: CTG · IEX Real-Time Price · USD
8.79
+0.08 (0.92%)
Jun 24, 2022 4:30 PM EDT - Market closed
0.92%
Market Cap 135.52M
Revenue (ttm) 384.57M
Net Income (ttm) 14.46M
Shares Out 15.42M
EPS (ttm) 0.97
PE Ratio 9.06
Forward PE 12.82
Dividend n/a
Ex-Dividend Date n/a
Volume 15,369
Open 8.64
Previous Close 8.71
Day's Range 8.33 - 8.89
52-Week Range 6.77 - 10.38
Beta 0.72
Analysts Buy
Price Target 13.77 (+56.7%)
Earnings Date Aug 4, 2022

About CTG

Computer Task Group, Incorporated, together with its subsidiaries, offers information and technology services in North America, South America, Western Europe, and India. It operates through three segments: North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The company offers business process transformation solutions, which include advisory, data strategy, digital workplace, enterprise platforms, information disclosure, and regulatory and compliance services; technology transformatio... [Read more...]

Industry IT Services
Founded 1966
Employees 3,250
Stock Exchange NASDAQ
Ticker Symbol CTG
Full Company Profile

Financial Performance

In 2021, CTG's revenue was $392.29 million, an increase of 7.16% compared to the previous year's $366.09 million. Earnings were $13.73 million, an increase of 79.74%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CTG stock is "Buy." The 12-month stock price forecast is 13.77, which is an increase of 56.66% from the latest price.

Price Target
$13.77
(56.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CTG to Present and Host Investor Meetings at the 12th Annual East Coast IDEAS Investor Conference

BUFFALO, N.Y., June 09, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North Am...

CTG Continues to Execute Strategy to Build Leading Digital Solutions Enterprise; Names Scott Clark Vice President, No...

BUFFALO, N.Y., May 16, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) ("Company"), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North Ame...

Computer Task Group (CTG) Surpasses Q1 Earnings Estimates

Computer Task Group (CTG) delivered earnings and revenue surprises of 23.08% and 4.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

CTG Earnings per Share Increased 50% in First Quarter 2022 Despite Planned Lower Revenue as Digital Transformation Dr...

BUFFALO, N.Y., May 10, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North Ame...

CTG Announces First Quarter 2022 Financial Results Conference Call and Webcast

BUFFALO, N.Y., April 26, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North A...

CTG Continues to Execute on Strategy to Drive Client Success with Advanced Digital Solutions; Promotes Brett Hunt to ...

BUFFALO, N.Y., April 19, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leader in helping companies employ digital IT solutions and services to drive productivity and profitability in North A...

CTG to Webcast Presentation at the Sidoti Spring 2022 Virtual Investor Conference

BUFFALO, N.Y., March 17, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leading provider of digital IT solutions and services in North America and Western Europe, today announced that Filip G...

CTG Partners with VCU Health System to Support System-Wide Epic Deployment

Provides Critical Legacy Application and Readiness Support; Delivers Epic Go-Live Training and At-the-Elbow Assistance for Over 16,000 End Users Provides Critical Legacy Application and Readiness Suppor...

Computer Task Group (CTG) Tops Q4 Earnings Estimates

Computer Task Group (CTG) delivered earnings and revenue surprises of 47.06% and 0.24%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

CTG Increased Revenue 11% and Expanded Margins in Fourth Quarter 2021 Driven by Accelerated Transformation to Digital...

BUFFALO, N.Y., Feb. 22, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leading provider of digital IT solutions and services in North America and Western Europe, today reported its financial ...

Computer Task Group (CTG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Computer Task Group (CTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CTG Announces Fourth Quarter and Full Year 2021 Financial Results Conference Call and Webcast

BUFFALO, N.Y., Feb. 08, 2022 (GLOBE NEWSWIRE) -- CTG (Nasdaq: CTG) (“Company”), a leading provider of digital IT solutions and services in North America and Western Europe, announced that it will releas...

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CTG vs. DT: Which Stock Should Value Investors Buy Now?

CTG vs. DT: Which Stock Is the Better Value Option?

Other symbols: DT

All You Need to Know About Computer Task Group (CTG) Rating Upgrade to Buy

Computer Task Group (CTG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

CTG and Micro Focus Extend European Platinum Partnership to French Market

PARIS, Dec. 02, 2021 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of digital IT services and solutions in North America and Western Europe, today announced an expanded strategic partnership...

CTG to Present at the Sidoti December Micro Cap Conference

BUFFALO, N.Y., Nov. 30, 2021 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of digital IT services and solutions in North America and Western Europe, today announced that Filip Gyde', Preside...

Computer Task Group (CTG) Tops Q3 Earnings Estimates

Computer Task Group (CTG) delivered earnings and revenue surprises of 18.18% and -0.64%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

CTG Reports Third Quarter 2021 Results

Solutions Revenue Increased 12% Year-over-Year, Representing 46% of Total Revenue

CTG Commences Work on Multi-Million Dollar Go-Live Project for Leading U.S. Medical Center

BUFFALO, N.Y., Oct. 26, 2021 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of digital IT services and solutions in North America and Western Europe, today announced the Company has begun wor...

CTG to Announce Third Quarter 2021 Financial Results on November 9

BUFFALO, N.Y., Oct. 14, 2021 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of digital IT services and solutions in North America and Western Europe, today announced it will release third qua...

Analysts Estimate Computer Task Group (CTG) to Report a Decline in Earnings: What to Look Out for

Computer Task Group (CTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CTG Elects James R. Helvey III to Chair of the Board of Directors

BUFFALO, N.Y., Sept. 16, 2021 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of digital IT services and solutions in North America and Western Europe, today announced the election of James “J...

Chuck Royce's Firm Drinks Down 3 Positions in Late July

Royce Investment Partners, the firm led by Chuck Royce (Trades, Portfolio), disclosed this week that it exited its position in The New Home Co. Inc. ( NWHM , Financial), trimmed its stakes in GP Strateg...

Other symbols: CSSE

Computer Task Group (CTG) Q2 Earnings Surpass Estimates

Computer Task Group (CTG) delivered earnings and revenue surprises of 8.33% and -2.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?