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
Price History & Performance
|Historical stock prices|
|Current Share Price||US$7.96|
|52 Week High||US$5.53|
|52 Week Low||US$11.68|
|1 Month Change||-1.24%|
|3 Month Change||-13.95%|
|1 Year Change||39.65%|
|3 Year Change||79.68%|
|5 Year Change||80.91%|
|Change since IPO||72.11%|
Recent News & Updates
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...
|CTG||US IT||US Market|
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.
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
|1966||3,650||Filip J. Gydé||https://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
|CTG fundamental statistics|
Is CTG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CTG income statement (TTM)|
|Cost of Revenue||US$296.97m|
Last Reported Earnings
Jul 02, 2021
Next Earnings Date
Nov 09, 2021
|Earnings per share (EPS)||0.53|
|Net Profit Margin||2.13%|
How did CTG perform over the long term?See historical performance and comparison
Is Computer Task Group undervalued compared to its fair value and its price relative to the market?
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).
How is Computer Task Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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
How has Computer Task Group performed over the past 5 years?
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.
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 ($35.9M).
Debt to Equity History and Analysis
Debt Level: CTG is debt free.
Reducing Debt: CTG has no debt compared to 5 years ago when its debt to equity ratio was 4.7%.
Debt Coverage: CTG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CTG has no debt, therefore coverage of interest payments is not a concern.
What is Computer Task Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CTG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CTG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CTG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CTG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CTG is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CTG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Filip J. Gydé (60 yo)
Mr. Filip J. L. Gydé has been the Chief Executive Officer and President of Computer Task Group Inc. since March 01, 2019. He served as Executive Vice President and General Manager & President of CTG Europe...
CEO Compensation Analysis
Compensation vs Market: Filip J.'s total compensation ($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.
Experienced Management: CTG's management team is considered experienced (4.5 years average tenure).
Experienced Board: CTG's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Computer Task Group, Incorporated's employee growth, exchange listings and data sources
- 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
- Computer Task Group, Incorporated
- 300 Corporate Parkway
- Suite 214N
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 22:09|
|End of Day Share Price||2021/10/22 00:00|
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.