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Computer Task Group, Incorporated (CTG)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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6.61+0.31 (+4.92%)
At close: 4:00PM EST
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  • s
    splitsville
    Why is this stock slowly creeping up, something is brewing!!
  • C
    Commandor58
    I think one analyst estimate for the 3rd Q is $84.2 million in sales with $.04 EPS-although I have seen $.05 as well. In any case, I would expect mgt to restart the stock buyback-assuming IBM contract extensions continue.

    Just a speculation, but C19 is changing a number of dynamics in the healthcare industry. CTG may just maybe a net/net beneficiary.
  • Y
    Yahoo Finance Insights
    Computer Task reached a 52 Week high at 6.82
  • Y
    Yahoo Finance Insights
    Computer Task reached a 52 Week high at 6.62
  • D
    Dennis
    Hmmmmm..... all of a sudden this stock is on my radar......
  • Y
    Yahoo Finance Insights
    Computer Task is up 7.70% to 6.25
  • Y
    Yahoo Finance Insights
    Computer Task is up 7.27% to 6.64
  • Y
    Yahoo Finance Insights
    Computer Task is up 8.39% to 6.33
  • Y
    Yahoo Finance Insights
    Computer Task is up 7.33% to 7.11
  • Y
    Yahoo Finance Insights
    Computer Task is up 9.56% to 5.50
  • Y
    Yahoo Finance Insights
    Computer Task is up 6.85% to 5.39
  • C
    Commandor58
    Looks like a group has filed a 3.1% position. That is the second group to file this year. Could just be value players building large positions, but it could be the start of putting CTG into play.
  • C
    Commandor58
    A group files a 8.1% position. Perhaps this group will try to put CTG into play. Stock would be a double in a buyout.
  • C
    Commandor58
    The consensus earnings estimate is $.08/share for the 2nd Q-stock action would suggest that a "beat" is not going to occur. Still, with recent acquisitions-mgt said they would be accretive-top line growth is assured, bottom line will come as "services" becomes a greater % of sales vs "staffing". The return of Tom Niehaus is very good news for the NA businesses as he presided over much of the growth CTG made during the "EMR" go, go years.

    Going back a year+ ago, mgt did a dutch auction for shares in the $8.80 area, so around $4.00 the stock is stupid cheap. I bought some today at $4.05.
  • M
    Mark S
    The stock price does not make sense. The company is improving its top line revenue, it bottom line profit, expanding through sales and acquisitions, and reducing the total number of shares outstanding, yet it continues to fall. I'm betting that 4th qtr 18 numbers that come out in Feb will be a continued uptrend. Is the stock price going to continue to be disconnected from these fundamental improvements?
  • Y
    Yahoo Finance Insights
    CTG is up 5.20% to 8.49
  • C
    Commandor58
    I picked up some more inventory today, 8/19, at $4.04. Supplies of stock have push CTG back down into the trading range before last Q's good results and guidance. Perhaps there is a micro-cap fund that wants out do to mgt or philosophical change.
  • C
    Commandor58
    Good numbers today. Once the DXY starts falling y/y sales will grow even faster, EPS less so. CTG could earn $.45-$.50 next year (Non GAAP)-targets by analysts should be $8.00-$10.00.
  • Y
    Yahoo Finance Insights
    Computer Task is down 5.98% to 4.71
  • C
    Commandor58
    Very nice 2nd Q numbers, stock up to the $4.80s. During the CC, mgt was quite conservative on the 3rd Q-my guess cold be chopped in half to $.05/share.

    Don't expect the stock to run away, if/when the broader averages sell off, CTG could pull back to the $4.20s.

    Mgt is building a better business-assuming some normalcy in 2021 w/r to C19, CTG could earn $.50+/share.