Shares of CSG Systems International, Inc. (NASDAQ:CSGS) have received a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation. CSG Systems International’s rating score has improved by 40.1% from 90 days ago as a result of various analysts’ upgrades and downgrades.
Analysts have set a 1 year consensus price target of $47.00 for the company and are expecting that the company will post $0.78 EPS for the current quarter, according to Zacks. Zacks has also given CSG Systems International an industry rank of 39 out of 257 based on the ratings given to related companies.
Several equities research analysts recently commented on the stock. BidaskClub upgraded shares of CSG Systems International from a “sell” rating to a “hold” rating in a research report on Tuesday, September 25th. Zacks Investment Research raised shares of CSG Systems International from a “sell” rating to a “hold” rating in a research report on Monday, September 24th. ValuEngine raised shares of CSG Systems International from a “sell” rating to a “hold” rating in a research report on Thursday, September 6th. Finally, Sidoti began coverage on shares of CSG Systems International in a research report on Wednesday, August 15th. They set a “buy” rating and a $50.00 target price for the company.
Shares of NASDAQ:CSGS traded up $0.21 on Wednesday, reaching $35.28. 133,667 shares of the company were exchanged, compared to its average volume of 193,131. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.99. CSG Systems International has a 1-year low of $33.33 and a 1-year high of $48.82. The stock has a market cap of $1.17 billion, a PE ratio of 17.47 and a beta of 0.86.
CSG Systems International (NASDAQ:CSGS) last released its quarterly earnings data on Wednesday, November 7th. The technology company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.56 by $0.14. CSG Systems International had a net margin of 7.23% and a return on equity of 21.86%. The business had revenue of $213.00 million for the quarter, compared to analyst estimates of $216.87 million. During the same period in the previous year, the firm earned $0.64 EPS. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. Equities analysts anticipate that CSG Systems International will post 2.46 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 20th. Investors of record on Wednesday, December 5th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Tuesday, December 4th. CSG Systems International’s dividend payout ratio (DPR) is presently 41.58%.
About CSG Systems International
CSG Systems International, Inc provides business support solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company's services include Advanced Convergent Platform, a billing and customer care platform for cable and satellite providers; Ascendon, a software-as-a-service cloud-based platform that provides a trusted path to digital transformation; and Singleview solution to deliver real-time charging services.
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