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 3,200 employees.

Stock update

Shares of Computer Task Group Incorporated opened at $7.48 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $7.4 - $7.5, and closed at $7.41.

This is a -1.07% slip from the previous day's closing price.

A total volume of 17,278 shares were traded at the close of the day’s session.

In the last one week, shares of Computer Task Group Incorporated have slipped by -3.14%.

Computer Task Group Incorporated's Key Ratios

Computer Task Group Incorporated has a market cap of $117.95 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 $325.08 million with a gross profit of $80.08 million and an EBITDA of $14.72 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 3.68% while its return on assets stood at 4.05% with a return of equity of 6.6%.

In Q4, Computer Task Group Incorporated’s quarterly earnings growth was a negative -86% while revenue growth was a negative 30.7%.

Computer Task Group Incorporated’s PE and PEG Ratio

Forward PE

10

Trailing PE

17.4186

PEG

0.5

Its diluted EPS in the last 12-months stands at $0.43 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

$181.62 million

Total Liabilities

$51.93 million

Operating Cash Flow

$-2349000.00

Capital Expenditure

$710000

Dividend Payout Ratio

0%

Computer Task Group Incorporated ended 2023 with $181.62 million in total assets and $0 in total liabilities. Its intangible assets were valued at $181.62 million while shareholder equity stood at $105.98 million.

Computer Task Group Incorporated ended 2023 with $7.91 million in deferred long-term liabilities, $51.93 million in other current liabilities, 270000.00 in common stock, $114.65 million in retained earnings and $36.00 million in goodwill. Its cash balance stood at $25.14 million and cash and short-term investments were $25.14 million. The company’s total short-term debt was $5,905,000 while long-term debt stood at $0.

Computer Task Group Incorporated’s total current assets stands at $99.89 million while long-term investments were $116000.00 and short-term investments were $0. Its net receivables were $70.98 million compared to accounts payable of $14.25 million and inventory worth $0.

In 2023, Computer Task Group Incorporated's operating cash flow was $-2349000.00 while its capital expenditure stood at $710000.

Comparatively, Computer Task Group Incorporated paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$7.41

52-Week High

$10.1

52-Week Low

$6.42

Analyst Target Price

$10.75

Computer Task Group Incorporated stock is currently trading at $7.41 per share. It touched a 52-week high of $10.1 and a 52-week low of $10.1. Analysts tracking the stock have a 12-month average target price of $10.75.

Its 50-day moving average was $7.43 and 200-day moving average was $7.63 The short ratio stood at 0.71 indicating a short percent outstanding of 0%.

Around 1107.6% of the company’s stock are held by insiders while 5860.4% are held by institutions.