CTG - Computer Task Group Inc Stock Price, Fair Value and News

95.00USD+2.50 (+2.70%)Delayed as of 18 Apr 2024, 09:27 am ET

Market Summary

USD95.00+2.50

Delayedas of 18 Apr 2024, 09:27 am

2.70%

CTG Stock Price

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CTG RSI Chart

CTG Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

2.8K

Price/Sales (Trailing)

4.93

EV/EBITDA

295.29

Price/Free Cashflow

4.3K

CTG Price/Sales (Trailing)

CTG Profitability

EBT Margin

0.42%

Return on Equity

0.51%

Return on Assets

0.3%

Free Cashflow Yield

0.02%

CTG Fundamentals

CTG Revenue

Revenue (TTM)

302.0M

Rev. Growth (Yr)

-4.95%

Rev. Growth (Qtr)

-4.42%

CTG Earnings

Earnings (TTM)

541.0K

Earnings Growth (Yr)

-179.04%

Earnings Growth (Qtr)

-570%

Breaking Down CTG Revenue

52 Week Range

6.0595.00

(Low)(High)

Last 30 days

32.1%

Last 90 days

685.7%

Trailing 12 Months

1303.6%

How does CTG drawdown profile look like?

CTG Financial Health

Current Ratio

1.93

Debt/Equity

0.01

Debt/Cashflow

1.58

CTG Investor Care

Dividend Yield

0.21%

Dividend/Share (TTM)

0.18

Shares Dilution (1Y)

2.43%

Diluted EPS (TTM)

0.04

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	313.9M	305.7M	302.0M	0
2022	384.6M	375.2M	359.6M	325.1M
2021	376.3M	379.3M	381.2M	392.3M
2020	388.6M	377.3M	371.7M	366.1M
2019	373.3M	381.0M	388.0M	394.2M
2018	306.9M	324.1M	340.3M	358.8M
2017	316.0M	308.1M	304.1M	301.2M
2016	357.9M	346.6M	331.6M	324.9M
2015	392.8M	387.2M	383.5M	369.5M
2014	408.5M	401.7M	397.7M	393.3M
2013	429.5M	430.0M	424.2M	419.0M
2012	403.7M	412.1M	417.4M	424.4M
2011	348.8M	366.0M	382.7M	396.3M
2010	0	294.2M	312.8M	331.4M
2009	0	0	0	275.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Computer Task Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 13, 2023	helvey iii james r	sold	-1,876,750	10.5	-178,738	-
Dec 13, 2023	radetich peter p	sold	-1,677,670	10.5	-159,778	senior vice president
Dec 13, 2023	stein kathryn a	sold	-249,406	10.5	-23,753	-
Dec 13, 2023	laubacker john m	sold	-1,869,940	10.5	-178,090	chief financial officer
Dec 13, 2023	niehaus thomas j	sold	-889,276	10.5	-84,693	executive vice president
Dec 13, 2023	gyde filip j l	sold	-4,079,430	10.5	-388,517	chief executive officer
Dec 13, 2023	rajgopal raj	sold	-351,309	10.5	-33,458	-
Dec 13, 2023	klein david h	sold	-1,894,260	10.5	-180,406	-
Dec 13, 2023	rahmani valerie	sold	-1,660,690	10.5	-158,161	-
Sep 15, 2023	helvey iii james r	acquired	22,496	10.31	2,182	-

Which funds bought or sold CTG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	sold off	-100	-7,751,400	-	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-2,637,050	-	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-376,000	-	-%
Feb 16, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	sold off	-100	-372,000	-	-%
Feb 15, 2024	BARCLAYS PLC	sold off	-100	-175,000	-	-%
Feb 14, 2024	EHP Funds Inc.	sold off	-100	-2,069,100	-	-%
Feb 14, 2024	Royal Bank of Canada	sold off	-100	-185,000	-	-%
Feb 14, 2024	OSTERWEIS CAPITAL MANAGEMENT INC	sold off	-100	-424	-	-%
Feb 14, 2024	EARNEST PARTNERS LLC	sold off	-100	-22,726	-	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	sold off	-100	-2,462,260	-	-%

Are Funds Buying or Selling CTG?

Are funds buying CTG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CTG

No. of Funds

Unveiling Computer Task Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	dimensional fund advisors lp	0.0%	0	SC 13G/A
Sep 06, 2023	royce & associates lp	3.07%	492,010	SC 13G/A
Aug 21, 2023	askeladden capital management llc	3.65%	586,478	SC 13D/A
Mar 10, 2023	askeladden capital management llc	5.0%	785,720	SC 13D
Feb 14, 2023	minerva advisors llc	8.0%	-	SC 13G/A
Feb 13, 2023	renaissance technologies llc	4.92%	773,657	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.4%	999,841	SC 13G/A
Feb 09, 2023	vanguard group inc	5.31%	833,737	SC 13G
Jan 23, 2023	royce & associates lp	10.92%	1,715,104	SC 13G/A
Oct 05, 2022	royce & associates lp	10.11%	1,568,964	SC 13G/A

Recent SEC filings of Computer Task Group Inc

View All Filings

Date Filed	Form Type	Document
Feb 09, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Computer Task Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ACN	197.9B	64.6B	-15.58%	12.38%	28.15	3.06	2.26%	1.32%
IBM	167.8B	61.9B	-4.51%	43.25%	22.37	2.71	2.20%	357.72%
CTSH	33.6B	19.4B	-10.07%	10.49%	15.81	1.74	-0.39%	-7.16%
CDW	31.8B	21.4B	-3.37%	24.43%	28.78	1.49	-9.99%	-0.92%
BR	22.8B	6.3B	-3.03%	32.65%	33.31	3.6	8.37%	28.40%
MID-CAP
CACI	8.1B	7.1B	-1.54%	16.82%	21.35	1.13	10.03%	3.79%
EXLS	4.9B	1.6B	-3.70%	-11.31%	26.42	2.99	15.48%	29.09%
ASGN	4.4B	4.5B	-6.77%	19.49%	20.09	0.99	-2.85%	-18.20%
DXC	3.6B	13.9B	-4.40%	-21.90%	-7.78	0.26	-6.57%	-164.76%
XRX	2.0B	6.9B	-1.70%	9.91%	2.0K	0.29	-3.11%	100.31%
SMALL-CAP
CTG	1.5B	302.0M	32.14%	1303.64%	2.8K	4.93	-16.01%	-96.16%
GDYN	774.9M	312.9M	-19.54%	-20.73%	-439.05	2.48	0.78%	93.96%
CNDT	634.1M	3.7B	-7.36%	-10.39%	-2.14	0.17	-3.53%	-62.64%
DMRC	463.0M	34.9M	-16.64%	28.05%	-10.08	13.29	15.41%	23.14%
CSPI	158.7M	61.7M	-26.13%	10.36%	38.06	2.57	2.22%	29.66%

Computer Task Group Inc News

Latest updates

Computer Task Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.4%	71,291	74,588	78,202	77,902	75,002	82,759	89,417	112,389	90,603	92,164	97,129	101,348	88,648	89,146	86,949	93,135	99,320	97,204	100,408	97,238	93,129
Gross Profit	-7.3%	19,467	20,995	20,135	-	18,229	19,750	20,595	-	20,290	20,379	20,767	-	19,547	18,738	17,046	-	-	18,742	-	-	-
S&GA Expenses	-3.1%	20,071	20,710	19,428	19,052	15,976	16,577	17,396	19,873	17,588	17,578	18,669	18,302	17,723	16,824	14,979	-	17,833	17,218	16,483	16,589	18,527
EBITDA Margin	-33.7%	0.02*	0.02*	0.03*	0.04*	0.04*	0.04*	0.04*	0.04*	0.03*	0.04*	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-547.1%	-228	51.00	162	736	759	748	702	-3,633	488	712	440	1,600	-673	1,363	732	-	862	443	544	315	4,301
Earnings Before Taxes	-1291.1%	-1,099	-79.00	477	1,963	1,861	2,788	2,942	5,084	2,160	2,545	1,948	3,505	2,158	3,122	1,876	-	2,533	1,322	1,487	947	-958
EBT Margin	-69.7%	0.00*	0.01*	0.02*	0.03*	0.04*	0.03*	0.03*	0.03*	0.03*	0.03*	-	-	-	-	-	-	-	-	-	-	-
Net Income	-570.0%	-871	-130	315	1,227	1,102	2,040	2,240	8,717	1,672	1,833	1,508	1,905	2,831	1,759	1,144	-	1,671	879	943	632	-5,259
Net Income Margin	-78.2%	0.00*	0.01*	0.01*	0.02*	0.04*	0.04*	0.04*	0.04*	0.02*	0.02*	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	390.0%	7,007	-2,416	-3,097	-1,146	9,476	-1,793	4,347	4,685	2,026	-2,604	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	-0.4%	178	179	183	182	177	174	179	188	180	179	176	176	172	173	165	159	152	157	150	124	131
Current Assets	-1.1%	94.00	95.00	100	100	99.00	115	116	123	117	115	112	113	112	116	107	102	102	107	103	96.00	97.00
Cash Equivalents	26.2%	24.00	19.00	23.00	25.00	27.00	35.00	39.00	36.00	31.00	29.00	34.00	33.00	33.00	34.00	31.00	11.00	11.00	11.00	13.00	12.00	10.00
Net PPE	5.6%	6.00	6.00	5.00	5.00	5.00	4.00	5.00	5.00	5.00	6.00	6.00	6.00	6.00	5.00	5.00	6.00	6.00	5.00	6.00	6.00	6.00
Goodwill	-2.1%	35.00	36.00	36.00	36.00	17.00	18.00	19.00	20.00	20.00	21.00	20.00	21.00	20.00	20.00	20.00	17.00	17.00	19.00	19.00	12.00	12.00
Liabilities	2.0%	72.00	71.00	75.00	76.00	80.00	79.00	84.00	94.00	96.00	96.00	95.00	97.00	96.00	103	97.00	92.00	86.00	91.00	86.00	60.00	62.00
Current Liabilities	3.7%	49.00	47.00	51.00	52.00	54.00	53.00	56.00	65.00	60.00	60.00	59.00	61.00	56.00	59.00	56.00	57.00	56.00	53.00	53.00	44.00	45.00
Long Term Debt	-	-	-	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-2.0%	106	108	107	106	96.00	95.00	95.00	94.00	84.00	83.00	80.00	80.00	76.00	70.00	67.00	66.00	66.00	66.00	64.00	64.00	69.00
Retained Earnings	-0.8%	114	115	115	115	113	112	110	108	99.00	98.00	96.00	94.00	92.00	90.00	88.00	87.00	85.00	84.00	83.00	83.00	87.00
Additional Paid-In Capital	0.0%	107	107	108	110	109	109	109	110	110	109	108	109	109	108	109	112	112	114	115	116	116
Shares Outstanding	-0.1%	15.00	15.00	15.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	14.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	132	-	-	-	132	-	-	-	60.00	-	-	-	54.00	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	462.6%	7,387	-2,037	-2,568	-624	9,675	-1,574	4,408	5,178	2,284	-2,306	2,255	5,279	5,820	460	19,179	4,301	9,366	-5,394	257	-10.00	6,544
Share Based Compensation	-59.8%	210	522	345	694	693	603	573	666	702	682	590	678	656	637	512	587	468	444	249	659	665
Cashflow From Investing	-17.0%	-1,272	-1,087	-697	-2,349	-17,196	-660	-61.00	-493	-360	-727	-891	-1,024	-1,486	2,180	-4,653	-1,232	-1,168	-377	-8,744	535	-1,161
Cashflow From Financing	28.8%	-794	-1,115	1,123	-136	-177	137	-844	101	106	-1,444	163	-5,967	-5,961	-44.00	6,287	-3,209	-8,409	3,943	9,469	1,617	-4,574
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72.00	1,077

CTG Income Statement

2023-09-29

Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 29, 2023	Sep. 30, 2022	Sep. 29, 2023	Sep. 30, 2022
Income Statement [Abstract]
Revenue	$ 71,291	$ 75,002	$ 224,081	$ 247,178
Cost of services	51,824	56,773	163,484	188,604
Gross profit	19,467	18,229	60,597	58,574
Selling, general and administrative expenses	20,071	15,976	60,209	49,949
Operating income (loss)	(604)	2,253	388	8,625
Interest and other income	50	133	250	323
Interest and other expense	545	525	1,339	1,357
Income (loss) before income taxes	(1,099)	1,861	(701)	7,591
Provision (benefit) for income taxes	(228)	759	(15)	2,209
Net income (loss)	$ (871)	$ 1,102	$ (686)	$ 5,382
Net income (loss) per share
Basic	$ (0.06)	$ 0.08	$ (0.05)	$ 0.37
Diluted	$ (0.06)	$ 0.07	$ (0.05)	$ 0.36
Weighted average shares outstanding:
Basic	14,903	14,480	14,813	14,366
Diluted	14,903	15,157	14,813	15,086

CTG Balance Sheet

2023-09-29

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 29, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 24,069	$ 25,140
Accounts receivable, net of allowances of $421 and $397 in 2023 and 2022, respectively	64,433	70,979
Prepaid and other current assets	4,930	3,769
Income taxes receivable	142
Total current assets	93,574	99,888
Property, equipment and capitalized software, net	6,045	5,061
Operating lease right-of-use assets	19,478	18,506
Deferred income taxes	4,386	2,886
Acquired intangibles, net	11,639	12,943
Goodwill	35,487	35,998
Cash surrender value of life insurance, net	4,822	4,120
Other assets	2,308	2,101
Investments	174	116
Total assets	177,913	181,619
Current Liabilities:
Accounts payable	9,661	14,254
Accrued compensation	18,521	19,016
Advance billings on contracts	4,492	5,480
Short-term operating lease liabilities	6,186	5,905
Other current liabilities	9,674	7,066
Income taxes payable		212
Total current liabilities	48,534	51,933
Deferred compensation benefits	6,720	6,424
Long-term operating lease liabilities	13,412	12,466
Deferred income taxes	1,226	1,482
Other long-term liabilities	2,442	3,335
Total liabilities	72,334	75,640
Shareholders’ Equity:
Common stock, par value $0.01 per share, 150,000,000 shares authorized; 27,017,824 shares issued in 2023 and 2022	270	270
Capital in excess of par value	107,269	109,868
Retained earnings	113,965	114,651
Less: Treasury stock of 10,940,680 and 11,274,171 shares at cost, in 2023 and 2022, respectively	(100,175)	(103,504)
Accumulated other comprehensive loss	(15,750)	(15,306)
Total shareholders’ equity	105,579	105,979
Total liabilities and shareholders’ equity	$ 177,913	$ 181,619

About Computer Task Group Inc

Computer Task Group, Incorporated, together with its subsidiaries, offers information and technology-related services in North America and Europe. 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, including advisory, data strategy, digital workplace, enterprise platforms, information disclosure, and regulatory and compliance services; technology transformation solutions, such as application development, automation, cloud, data management, enterprise platform implementation, and testing services; and operations transformation solutions comprising application support, IT operations support, cloud, and infrastructure. It also provides staffing services, including managed staffing, staff augmentation, and volume staffing services. The company serves financial services, healthcare, manufacturing, energy, other industries, as well as technology service providers. Computer Task Group, Incorporated was incorporated in 1966 and is headquartered in Amherst, New York.

CEO	Mr. Filip J. L. GydÃƒÂ©
WEBSITE	ctg.com
INDUSTRY	IT Services
EMPLOYEES	2900

Computer Task Group Inc Frequently Asked Questions

What is the ticker symbol for Computer Task Group Inc? What does CTG stand for in stocks?

CTG is the stock ticker symbol of Computer Task Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Computer Task Group Inc (CTG)?

As of Wed Apr 17 2024, market cap of Computer Task Group Inc is 1.49 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CTG stock?

You can check CTG's fair value in chart for subscribers.

What is the fair value of CTG stock?

You can check CTG's fair value in chart for subscribers. The fair value of Computer Task Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Computer Task Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CTG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Computer Task Group Inc a good stock to buy?

The fair value guage provides a quick view whether CTG is over valued or under valued. Whether Computer Task Group Inc is cheap or expensive depends on the assumptions which impact Computer Task Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CTG.

What is Computer Task Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, CTG's PE ratio (Price to Earnings) is 2.75 Thousand and Price to Sales (PS) ratio is 4.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CTG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Computer Task Group Inc's stock?

In the past 10 years, Computer Task Group Inc has provided 0.196 (multiply by 100 for percentage) rate of return.