CTPartners Executive Search Receives “Buy” Rating from B. Riley (CTP)
CTPartners Executive Search (NYSE:CTP)‘s stock had its “buy” rating restated by investment analysts at B. Riley in a note issued to investors on Friday. They currently have a $17.50 price target on the stock, up from their previous price target of $15.00. B. Riley’s price objective points to a potential upside of 31.28% from the company’s current price.
CTPartners Executive Search (NYSE:CTP) traded up 0.75% on Friday, hitting $13.43. 32,281 shares of the company’s stock traded hands. CTPartners Executive Search has a 52-week low of $4.28 and a 52-week high of $13.33. The stock has a 50-day moving average of $11.07 and a 200-day moving average of $9.24. The company has a market cap of $96.7 million and a price-to-earnings ratio of 24.19.
CTPartners Executive Search (NYSE:CTP) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.05. The company had revenue of $45.10 million for the quarter, compared to the consensus estimate of $43.21 million. Analysts expect that CTPartners Executive Search will post $0.76 EPS for the current fiscal year.
Separately, analysts at Zacks upgraded shares of CTPartners Executive Search from a “neutral” rating to an “outperform” rating in a research note on Thursday, July 3rd. They now have a $10.40 price target on the stock.
CTPartners Executive Search Inc (NYSE:CTP), is a provider of retained executive search services to clients on a global basis.
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