|RE:CTG very untimely, but IMO a potential good value on recovery potential and new Boeing contract. It seems the new CEO (April 6) has a lot of experience in the healthcare field. |
Zacks: Analysts Give Consensus Rating of “Buy” to Computer Task Group (NASDAQ:CTG) Posted on April 16, 2015 by Justin Garson in Investing, Zacks Consensus Ratings
Shares of Computer Task Group (NASDAQ:CTG) have been given an average broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company.
Brokers have set a 12-month consensus target price of $9.00 for the company and are expecting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given Computer Task Group an industry rank of 149 out of 265 based on the ratings given to its competitors.
Separately, analysts at B. Riley reiterated a “buy” rating and set a $9.00 price target on shares of Computer Task Group in a research note on Monday, March 2nd.
Computer Task Group ( NASDAQ:CTG) opened at 7.86 on Monday. Computer Task Group has a 52 week low of $7.27 and a 52 week high of $17.47. The stock’s 50-day moving average is $7. and its 200-day moving average is $8.. The company has a market cap of $147.36 million and a price-to-earnings ratio of 12.28.
Computer Task Group (NASDAQ:CTG) last released its earnings data on Tuesday, February 24th. The company reported $0.21 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.17 by $0.04. The company had revenue of $98.27 million for the quarter, compared to the consensus estimate of $100.52 million. During the same quarter last year, the company posted $0.22 earnings per share. Computer Task Group’s revenue was down 4.3% compared to the same quarter last year. Analysts expect that Computer Task Group will post $0.38 EPS for the current fiscal year.
Computer Task Group, Inc is an information technology ( NASDAQ:CTG) solutions and staffing services company with operations in North America and Europe that addresses the business needs and challenges of companies in several growth industries including healthcare, energy, and technology services.
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