Somewhat Favorable News Coverage Somewhat Unlikely to Affect CSG Systems International (CSGS) Share Price

Media headlines about CSG Systems International (NASDAQ:CSGS) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CSG Systems International earned a news impact score of 0.19 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 44.9327316630253 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have effected Accern’s analysis:

CSG Systems International (CSGS) opened at $44.07 on Thursday. The stock has a market capitalization of $1,495.82, a price-to-earnings ratio of 22.31 and a beta of 1.02. CSG Systems International has a fifty-two week low of $35.48 and a fifty-two week high of $51.34. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 0.97.

CSG Systems International (NASDAQ:CSGS) last released its earnings results on Wednesday, November 1st. The technology company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.01. The firm had revenue of $199.20 million during the quarter, compared to analyst estimates of $194.67 million. CSG Systems International had a return on equity of 22.11% and a net margin of 7.57%. CSG Systems International’s revenue was up 5.2% compared to the same quarter last year. During the same period last year, the business posted $0.75 earnings per share. research analysts anticipate that CSG Systems International will post 2.1 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Tuesday, December 5th will be issued a $0.1975 dividend. The ex-dividend date is Monday, December 4th. This represents a $0.79 dividend on an annualized basis and a yield of 1.79%. CSG Systems International’s dividend payout ratio (DPR) is presently 44.13%.

CSGS has been the subject of a number of recent research reports. Zacks Investment Research upgraded CSG Systems International from a “hold” rating to a “strong-buy” rating and set a $51.00 target price for the company in a report on Tuesday, November 7th. Stifel Nicolaus reiterated a “buy” rating and issued a $47.00 target price on shares of CSG Systems International in a report on Friday, November 3rd.

In other CSG Systems International news, CFO Randy Wiese sold 19,225 shares of CSG Systems International stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $44.41, for a total transaction of $853,782.25. Following the completion of the sale, the chief financial officer now directly owns 103,506 shares of the company’s stock, valued at approximately $4,596,701.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kenneth M. Kennedy sold 1,903 shares of CSG Systems International stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $45.68, for a total value of $86,929.04. Following the sale, the executive vice president now directly owns 43,910 shares of the company’s stock, valued at $2,005,808.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 28,622 shares of company stock valued at $1,274,521. 2.57% of the stock is currently owned by company insiders.

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CSG Systems International Company Profile

CSG Systems International, Inc (CSG) is a provider of business support solutions primarily serving the communications industry. The Company provides business support solutions (BSS) to the communications service providers (CSPs), as well as clients in various industries. CSG’s solutions coordinate and manage various aspects of a service provider’s customer interactions, from the initial activation of customer accounts, to the support and fulfillment of various services, and through the calculation, presentment, and accounts receivables management of monthly customer statements.

Insider Buying and Selling by Quarter for CSG Systems International (NASDAQ:CSGS)

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