Computer Task Group Incorporated

Company Profile

Computer Task Group Incorporated had its IPO on 1988-01-05 under the ticker symbol CTG.

The company operates in the Technology sector and Information Technology Services industry. Computer Task Group Incorporated has a staff strength of 3,050 employees.

Stock update

Shares of Computer Task Group Incorporated opened at $10.32 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.3 - $10.33, and closed at $10.31.

This is a +0.1% increase from the previous day's closing price.

A total volume of 59,261 shares were traded at the close of the day’s session.

In the last one week, shares of Computer Task Group Incorporated have increased by +0.19%.

Computer Task Group Incorporated's Key Ratios

Computer Task Group Incorporated has a market cap of $113.66 million, indicating a price to book ratio of 1.1618 and a price to sales ratio of 0.3011.

In the last 12-months Computer Task Group Incorporated’s revenue was $313.86 million with a gross profit of $80.08 million and an EBITDA of $12.34 million. The EBITDA ratio measures Computer Task Group Incorporated's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Computer Task Group Incorporated’s operating margin was 3.02% while its return on assets stood at 3.28% with a return of equity of 4.62%.

In Q1, Computer Task Group Incorporated’s quarterly earnings growth was a negative -86.7% while revenue growth was a negative 12.5%.

Computer Task Group Incorporated’s PE and PEG Ratio

Forward PE

10

Trailing PE

22.3438

PEG

0.5

Its diluted EPS in the last 12-months stands at $0.32 per share while it has a forward price to earnings multiple of 10 and a PEG multiple of 0.5. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Computer Task Group Incorporated’s profitability.

Computer Task Group Incorporated stock is trading at a EV to sales ratio of 0.2831 and a EV to EBITDA ratio of 5.9476. Its price to sales ratio in the trailing 12-months stood at 0.3011.

Computer Task Group Incorporated stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$182.62 million

Total Liabilities

$51.25 million

Operating Cash Flow

$-697000.00

Capital Expenditure

$770000

Dividend Payout Ratio

0%

Computer Task Group Incorporated ended 2024 with $182.62 million in total assets and $0 in total liabilities. Its intangible assets were valued at $182.62 million while shareholder equity stood at $107.30 million.

Computer Task Group Incorporated ended 2024 with $8.12 million in deferred long-term liabilities, $51.25 million in other current liabilities, 270000.00 in common stock, $114.97 million in retained earnings and $36.23 million in goodwill. Its cash balance stood at $23.30 million and cash and short-term investments were $23.30 million. The company’s total short-term debt was $5,981,000 while long-term debt stood at $1.37 million.

Computer Task Group Incorporated’s total current assets stands at $100.20 million while long-term investments were $136000.00 and short-term investments were $0. Its net receivables were $71.89 million compared to accounts payable of $15.11 million and inventory worth $0.

In 2024, Computer Task Group Incorporated's operating cash flow was $-697000.00 while its capital expenditure stood at $770000.

Comparatively, Computer Task Group Incorporated paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$10.31

52-Week High

$9.6

52-Week Low

$6.05

Analyst Target Price

$10.13

Computer Task Group Incorporated stock is currently trading at $10.31 per share. It touched a 52-week high of $9.6 and a 52-week low of $9.6. Analysts tracking the stock have a 12-month average target price of $10.13.

Its 50-day moving average was $8.92 and 200-day moving average was $7.61 The short ratio stood at 0.42 indicating a short percent outstanding of 0%.

Around 1112.2% of the company’s stock are held by insiders while 5867.9% are held by institutions.