FY2025 EPS Estimates for CSGS Increased by Cantor Fitzgerald

CSG Systems International, Inc. (NASDAQ:CSGSFree Report) – Equities researchers at Cantor Fitzgerald increased their FY2025 earnings per share estimates for shares of CSG Systems International in a report released on Thursday, February 6th. Cantor Fitzgerald analyst B. Knoblauch now expects that the technology company will earn $3.77 per share for the year, up from their previous forecast of $3.54. Cantor Fitzgerald currently has a “Overweight” rating and a $72.00 target price on the stock. The consensus estimate for CSG Systems International’s current full-year earnings is $3.44 per share.

A number of other research analysts have also weighed in on CSGS. Royal Bank of Canada raised their price objective on CSG Systems International from $58.00 to $69.00 and gave the company an “outperform” rating in a report on Thursday. Northland Securities reissued an “outperform” rating and issued a $80.00 price target (up from $78.00) on shares of CSG Systems International in a research note on Thursday. Wells Fargo & Company boosted their target price on CSG Systems International from $51.00 to $65.00 and gave the stock an “equal weight” rating in a report on Thursday. Benchmark reaffirmed a “buy” rating and issued a $75.00 price target on shares of CSG Systems International in a report on Tuesday, November 5th. Finally, Stifel Nicolaus boosted their price objective on CSG Systems International from $60.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, CSG Systems International has an average rating of “Moderate Buy” and an average target price of $71.17.

Read Our Latest Stock Report on CSGS

CSG Systems International Trading Up 5.5 %

Shares of CSG Systems International stock opened at $65.06 on Friday. The firm’s 50-day moving average price is $53.54 and its 200 day moving average price is $50.23. CSG Systems International has a twelve month low of $39.56 and a twelve month high of $65.53. The firm has a market capitalization of $1.89 billion, a PE ratio of 28.66, a P/E/G ratio of 1.61 and a beta of 0.89. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 1.84.

CSG Systems International (NASDAQ:CSGSGet Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The technology company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.20. CSG Systems International had a net margin of 5.52% and a return on equity of 32.77%.

CSG Systems International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.97%. This is a positive change from CSG Systems International’s previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, March 19th. CSG Systems International’s dividend payout ratio is presently 52.86%.

Institutional Investors Weigh In On CSG Systems International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Independence Bank of Kentucky purchased a new position in shares of CSG Systems International during the 4th quarter worth $80,000. TD Private Client Wealth LLC boosted its stake in CSG Systems International by 38.0% during the third quarter. TD Private Client Wealth LLC now owns 2,128 shares of the technology company’s stock worth $104,000 after buying an additional 586 shares during the period. Quantbot Technologies LP acquired a new stake in shares of CSG Systems International during the third quarter valued at about $294,000. Handelsbanken Fonder AB raised its stake in shares of CSG Systems International by 15.9% in the 4th quarter. Handelsbanken Fonder AB now owns 8,030 shares of the technology company’s stock valued at $410,000 after acquiring an additional 1,100 shares during the period. Finally, Cornercap Investment Counsel Inc. lifted its holdings in shares of CSG Systems International by 39.8% in the 3rd quarter. Cornercap Investment Counsel Inc. now owns 10,538 shares of the technology company’s stock worth $513,000 after acquiring an additional 3,001 shares during the last quarter. Institutional investors and hedge funds own 91.07% of the company’s stock.

CSG Systems International Company Profile

(Get Free Report)

CSG Systems International, Inc, together with its subsidiaries, provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers Advanced Convergent Platform, a private SaaS platform; and related solutions, including service technician management, analytics, electronic bill presentment, etc.

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