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CTG

Computer Task GroupNasdaqGS:CTG Stock Report

Market Cap

US$122.0m

7D

1.3%

1Y

39.6%

Updated

24 Oct, 2021

Data

Company Financials +
CTG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends0/6

CTG Overview

Computer Task Group, Incorporated, together with its subsidiaries, provides information and technology services in North America, South America, Western Europe, and India.

Computer Task Group Competitors

Accenture

NYSE:ACN

US$223.5b

Perficient

NasdaqGS:PRFT

US$4.1b

Unisys

NYSE:UIS

US$1.7b

Tata Consultancy Services

NSEI:TCS

₹12.9t

Price History & Performance

Summary of all time highs, changes and price drops for Computer Task Group
Historical stock prices
Current Share PriceUS$7.96
52 Week HighUS$5.53
52 Week LowUS$11.68
Beta0.76
1 Month Change-1.24%
3 Month Change-13.95%
1 Year Change39.65%
3 Year Change79.68%
5 Year Change80.91%
Change since IPO72.11%

Recent News & Updates

Sep 10
Increases to CEO Compensation Might Be Put On Hold For Now at Computer Task Group, Incorporated (NASDAQ:CTG)

Increases to CEO Compensation Might Be Put On Hold For Now at Computer Task Group, Incorporated (NASDAQ:CTG)

Under the guidance of CEO Filip J. Gydé, Computer Task Group, Incorporated ( NASDAQ:CTG ) has performed reasonably well...

Shareholder Returns

CTGUS ITUS Market
7D1.3%-0.7%1.7%
1Y39.6%21.9%30.3%

Return vs Industry: CTG exceeded the US IT industry which returned 21.9% over the past year.

Return vs Market: CTG exceeded the US Market which returned 30.3% over the past year.

Price Volatility

Is CTG's price volatile compared to industry and market?
CTG volatility
CTG Beta0.76
Industry Beta1.18
Market Beta1

Stable Share Price: CTG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CTG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19663,650Filip J. Gydéhttps://www.ctg.com

Computer Task Group, Incorporated, together with its subsidiaries, provides information and technology services in North America, South America, Western Europe, and India. It provides business process transformation solutions, which include strategic 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 consisting of application support, IT operations support, cloud, and infrastructure. The company provides IT and other staffing services, including managed staffing, staff augmentation, and volume staffing services.

Computer Task Group Fundamentals Summary

How do Computer Task Group's earnings and revenue compare to its market cap?
CTG fundamental statistics
Market CapUS$122.01m
Earnings (TTM)US$8.08m
Revenue (TTM)US$379.29m

15.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CTG income statement (TTM)
RevenueUS$379.29m
Cost of RevenueUS$296.97m
Gross ProfitUS$82.32m
ExpensesUS$74.24m
EarningsUS$8.08m

Last Reported Earnings

Jul 02, 2021

Next Earnings Date

Nov 09, 2021

Earnings per share (EPS)0.53
Gross Margin21.70%
Net Profit Margin2.13%
Debt/Equity Ratio0%

How did CTG perform over the long term?

See historical performance and comparison

Valuation

Is Computer Task Group undervalued compared to its fair value and its price relative to the market?

15.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CTG ($7.96) is trading above our estimate of fair value ($3.54)

Significantly Below Fair Value: CTG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CTG is good value based on its PE Ratio (15.1x) compared to the US IT industry average (35.1x).

PE vs Market: CTG is good value based on its PE Ratio (15.1x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: CTG is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: CTG is good value based on its PB Ratio (1.5x) compared to the US IT industry average (5.3x).


Future Growth

How is Computer Task Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

13.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CTG's forecast earnings growth (13.8% per year) is above the savings rate (2%).

Earnings vs Market: CTG's earnings (13.8% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: CTG's earnings are forecast to grow, but not significantly.

Revenue vs Market: CTG's revenue (4% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: CTG's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CTG's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Computer Task Group performed over the past 5 years?

76.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CTG has high quality earnings.

Growing Profit Margin: CTG's current net profit margins (2.1%) are higher than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: CTG has become profitable over the past 5 years, growing earnings by 76% per year.

Accelerating Growth: CTG's earnings growth over the past year (44.7%) is below its 5-year average (76% per year).

Earnings vs Industry: CTG earnings growth over the past year (44.7%) exceeded the IT industry 35.6%.


Return on Equity

High ROE: CTG's Return on Equity (9.8%) is considered low.


Financial Health

How is Computer Task Group's financial position?


Financial Position Analysis

Short Term Liabilities: CTG's short term assets ($114.9M) exceed its short term liabilities ($60.4M).

Long Term Liabilities: CTG's short term assets ($114.9M) exceed its long term liabilities ($35.9M).


Debt to Equity History and Analysis

Debt Level: CTG is debt free.

Reducing Debt: CTG has no debt compared to 5 years ago when its debt to equity ratio was 4.7%.

Debt Coverage: CTG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CTG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Computer Task Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CTG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CTG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CTG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CTG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CTG is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CTG's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Filip J. Gydé (60 yo)

2.58yrs

Tenure

US$1,805,014

Compensation

Mr. Filip J. L. Gydé has been the Chief Executive Officer and President of Computer Task Group Inc. since March 01, 2019. He served as Executive Vice President and General Manager & President of CTG Europe...


CEO Compensation Analysis

Compensation vs Market: Filip J.'s total compensation ($USD1.81M) is above average for companies of similar size in the US market ($USD542.68K).

Compensation vs Earnings: Filip J.'s compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CTG's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: CTG's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CTG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Computer Task Group, Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Computer Task Group, Incorporated
  • Ticker: CTG
  • Exchange: NasdaqGS
  • Founded: 1966
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$122.011m
  • Shares outstanding: 15.33m
  • Website: https://www.ctg.com

Number of Employees


Location

  • Computer Task Group, Incorporated
  • 300 Corporate Parkway
  • Suite 214N
  • Amherst
  • New York
  • 14226
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 22:09
End of Day Share Price2021/10/22 00:00
Earnings2021/07/02
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.