Computer Task Group, Inc. (NASDAQ:CTG) – Equities research analysts at B. Riley cut their Q3 2019 EPS estimates for Computer Task Group in a note issued to investors on Thursday, February 14th. B. Riley analyst Z. Cummins now anticipates that the information technology services provider will post earnings per share of $0.07 for the quarter, down from their previous estimate of $0.08. B. Riley currently has a “Buy” rating and a $10.00 price target on the stock. B. Riley also issued estimates for Computer Task Group’s FY2019 earnings at $0.40 EPS.

CTG has been the topic of a number of other reports. Zacks Investment Research cut Computer Task Group from a “hold” rating to a “sell” rating in a report on Monday, October 22nd. Barrington Research reissued a “buy” rating and set a $9.00 price target on shares of Computer Task Group in a report on Friday, December 21st. Finally, ValuEngine cut Computer Task Group from a “hold” rating to a “sell” rating in a report on Thursday, November 1st.

NASDAQ CTG opened at $4.40 on Friday. The firm has a market cap of $60.83 million, a P/E ratio of 20.00, a P/E/G ratio of 0.68 and a beta of 0.49. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 0.05. Computer Task Group has a fifty-two week low of $3.85 and a fifty-two week high of $9.62.

A number of large investors have recently bought and sold shares of the business. Minerva Advisors LLC raised its holdings in Computer Task Group by 6.6% during the fourth quarter. Minerva Advisors LLC now owns 1,233,160 shares of the information technology services provider’s stock valued at $5,031,000 after acquiring an additional 76,412 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Computer Task Group by 3.3% in the third quarter. Dimensional Fund Advisors LP now owns 988,568 shares of the information technology services provider’s stock worth $5,160,000 after purchasing an additional 31,957 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Computer Task Group by 19.8% in the fourth quarter. BlackRock Inc. now owns 387,098 shares of the information technology services provider’s stock worth $1,580,000 after purchasing an additional 64,107 shares during the last quarter. Ancora Advisors LLC increased its holdings in shares of Computer Task Group by 85.1% in the fourth quarter. Ancora Advisors LLC now owns 278,986 shares of the information technology services provider’s stock worth $1,138,000 after purchasing an additional 128,228 shares during the last quarter. Finally, Acadian Asset Management LLC increased its holdings in shares of Computer Task Group by 3.4% in the fourth quarter. Acadian Asset Management LLC now owns 265,873 shares of the information technology services provider’s stock worth $1,084,000 after purchasing an additional 8,717 shares during the last quarter. 53.24% of the stock is currently owned by institutional investors and hedge funds.

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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