Computer Task Group Inc (NASDAQ:CTG) Institutional Investors Quarterly Sentiment

Computer Task Group, Incorporated (NASDAQ:CTG) Logo

Sentiment for Computer Task Group Inc (NASDAQ:CTG)

Computer Task Group Inc (NASDAQ:CTG) institutional sentiment increased to 2.11 in Q1 2019. Its up 1.17, from 0.94 in 2018Q4. The ratio is better, as 19 hedge funds increased or opened new positions, while 9 decreased and sold equity positions in Computer Task Group Inc. The hedge funds in our partner’s database reported: 6.81 million shares, down from 6.83 million shares in 2018Q4. Also, the number of hedge funds holding Computer Task Group Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 1 Reduced: 8 Increased: 9 New Position: 10.

Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services firm in North America, Europe, and India. The company has market cap of $56.86 million. The Company’s 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. It currently has negative earnings. The companyÂ’s IT and other staffing solutions include recruiting, retaining, and managing IT and other talent primarily for technology service providers and other companies with multiple locations.

The stock decreased 0.49% or $0.02 during the last trading session, reaching $4.1. About 26,548 shares traded. Computer Task Group, Incorporated (NASDAQ:CTG) has declined 33.83% since July 14, 2018 and is downtrending. It has underperformed by 38.26% the S&P500.

Analysts await Computer Task Group, Incorporated (NASDAQ:CTG) to report earnings on July, 18. They expect $0.08 earnings per share, 0.00 % or $0.00 from last year’s $0.08 per share. CTG’s profit will be $1.11M for 12.81 P/E if the $0.08 EPS becomes a reality. After $0.06 actual earnings per share reported by Computer Task Group, Incorporated for the previous quarter, Wall Street now forecasts 33.33 % EPS growth.

Minerva Advisors Llc holds 2.97% of its portfolio in Computer Task Group, Incorporated for 1.23 million shares. Euclidean Technologies Management Llc owns 163,693 shares or 0.65% of their US portfolio. Moreover, Granahan Investment Management Inc Ma has 0.13% invested in the company for 563,366 shares. The California-based Cove Street Capital Llc has invested 0.09% in the stock. Ancora Advisors Llc, a Us-based fund reported 277,701 shares.

Computer Task Group, Incorporated (NASDAQ:CTG) Ratings Coverage

Ratings analysis reveals 100% of Computer Task’s analysts are positive. Out of 2 Wall Street analysts rating Computer Task, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $7 while the high is $9. The stock’s average target of $7.50 is 82.93% above today’s ($4.1) share price. CTG was included in 5 notes of analysts from February 20, 2019. The company was maintained on Wednesday, February 20 by Barrington. Barrington maintained the shares of CTG in report on Tuesday, February 26 with “Buy” rating. The firm earned “Buy” rating on Wednesday, February 20 by FBR Capital.

More notable recent Computer Task Group, Incorporated (NASDAQ:CTG) news were published by: Nasdaq.com which released: “Flex (FLEX) Q1 Earnings In Line, Revenues Miss Estimates – Nasdaq” on July 30, 2018, also Businesswire.com with their article: “Entrust Datacard Elects New Chairman of the Board and Appoints Two New Board Members – Business Wire” published on January 08, 2019, Uk.Finance.Yahoo.com published: “Do Institutions Own Computer Task Group, Incorporated (NASDAQ:CTG) Shares? – Yahoo Finance UK” on May 08, 2019. More interesting news about Computer Task Group, Incorporated (NASDAQ:CTG) were released by: Nasdaq.com and their article: “7 Emerging Market Stocks to Buy on This Dip – Nasdaq” published on December 10, 2018 as well as Globenewswire.com‘s news article titled: “CTG Announces Acquisition of SOFT COMPANY Nasdaq:CTG – GlobeNewswire” with publication date: February 15, 2018.

Computer Task Group, Incorporated (NASDAQ:CTG) Institutional Positions Chart

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