Last $6.60 USD
Change Today -0.32 / -4.62%
Volume 138.5K
CTP On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 2:24 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

ctpartners executive search (CTP) Snapshot

Open
$6.90
Previous Close
$6.92
Day High
$6.92
Day Low
$6.49
52 Week High
11/17/14 - $23.75
52 Week Low
01/29/15 - $3.01
Market Cap
57.6M
Average Volume 10 Days
175.8K
EPS TTM
$0.84
Shares Outstanding
8.7M
EX-Date
--
P/E TM
7.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for CTPARTNERS EXECUTIVE SEARCH (CTP)

ctpartners executive search (CTP) Related Bloomberg News

View More Bloomberg News

ctpartners executive search (CTP) Related Businessweek News

View More BusinessWeek News

ctpartners executive search (CTP) Details

CTPartners Executive Search Inc., together with its subsidiaries, provides retained executive search services worldwide. It facilitates the recruitment and hiring of C-level executives, such as chief executive officers, chief financial officers, chief legal officers, chief marketing officers, and chief human resource officers, as well as other senior executives and board members. The company also offers board advisory services. It primarily serves various industry practice groups, including financial services, professional services, life sciences, technology/media/telecom, consumer/retail, and industrial. The company was founded in 1980 and is based in New York, New York.

460 Employees
Last Reported Date: 03/12/14
Founded in 1980

ctpartners executive search (CTP) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.6M
Chief Financial Officer and Secretary
Total Annual Compensation: $336.5K
Chief Operating Officer
Total Annual Compensation: $750.0K
Compensation as of Fiscal Year 2013.

ctpartners executive search (CTP) Key Developments

Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against CTPartners Executive Search

Robbins Geller Rudman & Dowd LLP announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of CTPartners Executive Search Inc. common stock during the period between February 26, 2014 and January 28, 2015. The complaint charges CTPartners and certain of its officers and directors with violations of the Securities Exchange Act of 1934. CTPartners provides retained executive search services. CTPartners facilitates the recruitment and hiring of C-level executives, other senior executives and board members. The complaint alleges that during the Class Period, defendants repeatedly highlighted the company's reputation within the industries in which it operated based on the integrity of its employees and on the strength and qualifications of its search consultants. Further, the Company represented that these consultants were promoted based on objective and transparent criteria related to their merits, and that this purported meritocracy had been and would be a key to the company's ongoing success. Defendants, however, failed to disclose that CTPartners allegedly operated as a den of discrimination that subjected employees to crude, improper and discriminatory practices, which threatened the company's ability to raise capital, retain employees or successfully execute its core business functions. As a result of defendants false statements, CTPartners common stock traded at artificially inflated prices during the Class Period, reaching a high of $23.15 per share on November 12, 2014.

CTPartners Mulls Options

CTPartners Executive Search Inc. (AMEX:CTP) is evaluation strategic alternatives. The company announced that its Board of Directors has formed a Special Committee to review strategic alternatives, including a previously announced unsolicited, non-binding proposal from DHR International, Inc. to acquire all of the outstanding shares of the Company for $7 a share and a range of other alternatives. The committee has engaged Robert W. Baird & Co. Incorporated to serve as its financial adviser.

CTPartners Executive Search Inc. Revises Earnings Guidance for the Fourth Quarter and Full Year Ended December 31, 2014; Re-Affirms Revenue Guidance for the Full Year 2015

CTPartners Executive Search Inc. revised earnings guidance for the fourth quarter and full year ended December 31, 2014. For the quarter, the company revising preliminary earnings results previously announced on January 21, 2015. The revision is a result of a $1.7 million increase in the company's estimate of operating expenses for the fourth quarter primarily due to compensation expense associated with consultant performance bonuses. Estimated net revenue for the fourth quarter of 2014 remains at approximately $42 million. GAAP net loss attributable to the company is now expected to be in the range of $1.3 million to $1.6 million, or $0.19 to $0.23 per share. Adjusted net loss for the fourth quarter of 2014 is expected to be in the range of $0.4 million to $0.6 million, or $0.07 to $0.09 per share. For the full year, the company expects net revenue to be approximately $172 million. GAAP net income is expected to be in the range of $3.0 million to $3.3 million, or $0.38 to $0.43 per share, compared to a net loss of $1.6 million, or $0.23 loss per share, in 2013. The company expects adjusted net income, excluding after-tax non-operating items of $1.9 to $2.3 million, for the full year to be in the range of $5.2 million to $5.4 million, or $0.67 to $0.71 per share, compared to adjusted net income of $1.8 million, or $0.24 per share, reported in 2013. The company previously expected GAAP net income in the range of $4.0 million to $4.2 million, or $0.53 to $0.56 per share compared to net loss of $1.6 million or $0.23 loss per share in 2013. For 2015, the company still expects to report approximately $200 million in net revenue, consistent with the guidance provided on January 21, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CTP:US $6.60 USD -0.32

CTP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Heidrick & Struggles International Inc $24.40 USD +0.46
Korn/Ferry International $31.00 USD +0.40
View Industry Companies
 

Industry Analysis

CTP

Industry Average

Valuation CTP Industry Range
Price/Earnings 11.2x
Price/Sales 0.3x
Price/Book 2.1x
Price/Cash Flow 12.9x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CTPARTNERS EXECUTIVE SEARCH, please visit www.ctnet.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.