Shares of CSG Systems International, Inc. (NASDAQ:CSGS – Get Free Report) have been given an average rating of “Moderate Buy” by the five brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $58.80.
CSGS has been the subject of a number of research analyst reports. StockNews.com raised CSG Systems International from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 10th. Cantor Fitzgerald boosted their target price on CSG Systems International from $62.00 to $64.00 and gave the company an “overweight” rating in a research note on Thursday, August 8th. Royal Bank of Canada lowered their target price on CSG Systems International from $61.00 to $52.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Finally, Benchmark reiterated a “buy” rating and set a $75.00 price objective on shares of CSG Systems International in a research note on Wednesday, August 7th.
Check Out Our Latest Research Report on CSG Systems International
Hedge Funds Weigh In On CSG Systems International
CSG Systems International Stock Down 0.2 %
Shares of NASDAQ:CSGS opened at $48.15 on Thursday. The business’s 50 day simple moving average is $46.92 and its two-hundred day simple moving average is $45.26. The firm has a market cap of $1.43 billion, a P/E ratio of 21.99, a PEG ratio of 1.37 and a beta of 0.82. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.59 and a current ratio of 1.59. CSG Systems International has a 52-week low of $39.56 and a 52-week high of $55.64.
CSG Systems International (NASDAQ:CSGS – Get Free Report) last posted its earnings results on Wednesday, August 7th. The technology company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.11. CSG Systems International had a return on equity of 33.18% and a net margin of 5.53%. The company had revenue of $290.30 million for the quarter, compared to analyst estimates of $269.60 million. During the same quarter last year, the company earned $0.61 earnings per share. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. As a group, research analysts forecast that CSG Systems International will post 3.43 EPS for the current fiscal year.
CSG Systems International Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date was Friday, September 13th. CSG Systems International’s payout ratio is currently 54.79%.
CSG Systems International Company Profile
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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