Press coverage about Computer Task Group (NASDAQ:CTG) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Computer Task Group earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the information technology services provider an impact score of 46.764783155415 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
CTG has been the topic of several recent research reports. Zacks Investment Research downgraded Computer Task Group from a “buy” rating to a “hold” rating in a report on Tuesday, April 24th. Barrington Research raised Computer Task Group from a “market perform” rating to an “outperform” rating and set a $9.00 target price on the stock in a report on Friday, June 15th. Finally, ValuEngine downgraded Computer Task Group from a “buy” rating to a “hold” rating in a report on Monday, May 7th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Computer Task Group currently has a consensus rating of “Buy” and an average target price of $9.00.
Computer Task Group traded down $0.10, hitting $5.76, during midday trading on Friday, according to Marketbeat.com. 17,424 shares of the company were exchanged, compared to its average volume of 76,230. The company has a market capitalization of $84.80 million, a PE ratio of 26.18, a PEG ratio of 1.26 and a beta of 0.52. Computer Task Group has a 1-year low of $4.90 and a 1-year high of $9.62. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.09.
Computer Task Group (NASDAQ:CTG) last announced its earnings results on Thursday, July 19th. The information technology services provider reported $0.08 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.08. Computer Task Group had a return on equity of 4.78% and a net margin of 0.30%. The firm had revenue of $92.67 million for the quarter, compared to the consensus estimate of $88.06 million. equities research analysts predict that Computer Task Group will post 0.31 EPS for the current fiscal year.
Computer Task Group Company Profile
Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India. Its IT solutions include the implementation and optimization of packaged software applications; development and deployment of customized software and solutions designed to fit the needs of a specific client or market; and design and distribution of complex technology components, as well as offers consulting services.
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