CTG Computer Task Dashboard

CTG is a leading provider of digital transformation solutions and services that accelerate clients' project momentum and achievement of their desired IT and business outcomes. We have earned a reputation as a reliable, results-driven partner focused on improved data-driven decision-making, meaningful business performance improvements, new and enhanced customer experiences, and continuous innovation. CTG has operations in North America, South America, Western Europe, and India.

Company profile

Ticker

CTG

Exchange

NASDAQ

Website

www.ctg.com

CEO

Filip J. L. Gydé

Incorporated

New York

Location

New York

Fiscal year end

Dec 31

Sector

Professional, Scientific, and Technical Services > Custom Computer Programming Services

Industry (SIC)

Services - Computer Programming Services

Cognizant Technology Solutions • Amdocs • Verisign • Compass • Formula Systems • Realnetworks • Sogou • Aspen Technology • Synchronoss • Monotype Imaging ...

SEC CIK

0000023111

Corporate docs

Articles of Incorporation & Bylaws

IRS number

160912632

CTG stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Computer Task Group Posts Mixed Q2 Results, Notes Strong Solutions Segment Performance

29 Jul 21

Computer Task Group Q2 EPS $0.13 Beats $0.12 Estimate, Sales $92.20M Miss $94.10M Estimate

29 Jul 21

Computer Task Group (NASDAQ:CTG) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.12 by 8.33 percent. This is a 30 percent increase over earnings of $0.10 per share from the

Earnings Scheduled For July 29, 2021

29 Jul 21

Companies Reporting Before The Bell • Smith & Nephew (NYSE:SNN) is projected to report earnings for its second quarter.

Press releases

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CTG Reports Second Quarter 2021 Results

29 Jul 21

Solutions Revenue Increased 10% Year-over-Year, Representing 45% of Total Revenue Gross Profit Increased 9% Year-over-Year to 22% of Total Revenue GAAP Operating Margin Increased 90 Basis Point Year-over-Year to 3.0%

CTG to Announce Second Quarter 2021 Financial Results on July 29

15 Jul 21

BUFFALO, N.Y., July 15, 2021 (GLOBE NEWSWIRE) -- CTG (NASDAQ:CTG), a leading provider of IT services and solutions in North America and Western Europe, today announced it will release second quarter 2021 financial

CTG Appoints Industry Executive Katie Stein to Board of Directors

1 Jul 21

BUFFALO, N.Y., July 01, 2021 (GLOBE NEWSWIRE) -- CTG (NASDAQ:CTG), a leading provider of IT services and solutions in North America and Western Europe, today announced the appointment of Katie Stein to its Board of

Sidoti Microcap Virtual Conference

18 May 21

CTG to Present at the Sidoti Microcap Investor Conference

12 May 21

Calendar

10 May 21

31 Jul 21

31 Dec 21

Financial summary

Financial statements Chart CTG financial data

Quarter (USD)	Apr 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
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Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

CTG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Jun 21	Valerie Rahmani	Common Stock	Grant	Aquire A	No	No	9.99	2,252	22.5K	134,408
17 Jun 21	III James R Helvey	Common Stock	Grant	Aquire A	No	No	9.99	2,252	22.5K	144,985
17 Jun 21	Sullivan Owen J	Common Stock	Grant	Aquire A	No	No	9.99	2,252	22.5K	114,783
17 Jun 21	David H Klein	Common Stock	Grant	Aquire A	No	No	9.99	2,252	22.5K	156,653

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

CTG institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

52.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	50	42	+19.0%
Opened positions	11	6	+83.3%
Closed positions	3	1	+200.0%
Increased positions	11	13	-15.4%
Reduced positions	12	10	+20.0%

13F shares	Current	Prev Q	Change
Total value	97.35M	46.89M	+107.6%
Total shares	8.09M	7.57M	+6.9%
Total puts	0	0
Total calls	11K	0	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Minerva Advisors	1.16M	$11.12M	-1.4%
Renaissance Technologies	1.16M	$11.07M	-0.9%
Dimensional Fund Advisors	955.01K	$9.1M	+0.1%
Ags SPV I	624.91K	$4.39M	0.0%
Royce & Associates	617.58K	$5.9M	+113.3%
Vanguard	551.93K	$5.27M	-31.7%
Granahan Investment Management	504.37K	$4.82M	-3.8%
BLK Blackrock	335.73K	$3.21M	-0.7%
Acadian Asset Management	279.69K	$2.67M	0.0%
Foundry Partners	260.05K	$2.48M	NEW

Largest transactions	Shares	Bought/sold	Change
Royce & Associates	617.58K	+327.98K	+113.3%
Foundry Partners	260.05K	+260.05K	NEW
Vanguard	551.93K	-256.71K	-31.7%
EAM Investors	168.52K	+168.52K	NEW
Tocqueville Asset Management	64.32K	-130K	-66.9%
Bridgeway Capital Management	228.2K	+60.4K	+36.0%
LSV Asset Management	69.13K	+55.33K	+400.9%
Crescent Grove Advisors	200.6K	-40.08K	-16.7%
Geode Capital Management	110.36K	+30.98K	+39.0%
Ancora Advisors	144.49K	+28.45K	+24.5%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Perficient

Management Discussion

The table below sets forth data as contained in the condensed consolidated statements of income with the percentage information calculated as a percentage of consolidated revenue.
There were 65 and 62 billable days in the 2021 and 2020 first quarters, respectively. Reimbursable expenses billed to clients and included in revenue totaled $0.5 million and $0.4 million in the 2021 and 2020 first quarters, respectively.
The Company’s strategic plan includes investing in IT solutions-based business development, marketing and solutions resources as part of a concerted effort to increase the mix of solutions services within its total revenue. Generally, solutions services have much higher bill rates and produce higher profits than IT staffing services. Additionally, within solutions, the Company is focused on expanding the digital solutions it provides, including cloud related activities, robotic process automation and artificial intelligence, in response to the demand in the end markets where services are provided. Finally, as a third part of its plan, the Company is focused on disengaging from its lowest margin staffing business.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: adding, America, beneficial, clarifying, competitor, created, DCF, decline, efficiently, ensure, external, greatly, hybrid, implied, inaccurate, insignificant, intraperiod, involve, longer, maximize, modify, multiple, outlook, prove, public, retrospectively, sponsor, Subtopic, Topic, wrong

Removed: accurately, adequacy, adjustment, analyzed, anticipation, building, collectability, computing, Customer, deterioration, disclose, discretionary, disease, disrupting, duration, enable, enhance, entity, equal, estate, evaluate, exclusively, expand, extended, extent, finance, furlough, growing, history, hosting, Implementation, improved, improvement, improving, June, leverage, license, media, mitigate, nominal, original, outbreak, pooling, predict, processing, profitability, prospective, rapidly, realize, recent, Recognizing, remote, repurchased, reverse, reviewing, sale, scheduled, small, spending, Step, succeeding, summarized, team, telecom, travel, unable, unclear, Western, World

From filing 10-Q 2021 Q1