FY2025 EPS Estimates for CSGS Lifted by Cantor Fitzgerald

CSG Systems International, Inc. (NASDAQ:CSGS - Free Report) - Research analysts at Cantor Fitzgerald upped their FY2025 EPS estimates for shares of CSG Systems International in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst B. Knoblauch now anticipates that the technology company will earn $3.80 per share for the year, up from their previous estimate of $3.79. The consensus estimate for CSG Systems International's current full-year earnings is $3.83 per share.

Several other equities analysts have also issued reports on the company. Jefferies Financial Group initiated coverage on CSG Systems International in a research note on Friday, February 21st. They issued a "buy" rating and a $75.00 price target on the stock. Wells Fargo & Company lowered their target price on CSG Systems International from $65.00 to $58.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 22nd. Finally, Sidoti raised CSG Systems International to a "strong-buy" rating in a research report on Monday, May 19th. One equities research analyst has rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $70.71.

CSG Systems International Trading Up 0.7%

CSGS stock traded up $0.45 during trading on Thursday, hitting $65.06. The company had a trading volume of 192,058 shares, compared to its average volume of 254,648. The business has a 50-day moving average of $62.07 and a 200-day moving average of $59.07. CSG Systems International has a one year low of $39.56 and a one year high of $67.60. The stock has a market cap of $1.89 billion, a PE ratio of 21.40, a PEG ratio of 1.68 and a beta of 0.90. The company has a current ratio of 1.46, a quick ratio of 1.58 and a debt-to-equity ratio of 1.88.

CSG Systems International (NASDAQ:CSGS - Get Free Report) last announced its earnings results on Wednesday, May 7th. The technology company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.00 by $0.14. CSG Systems International had a return on equity of 39.42% and a net margin of 7.25%. The business had revenue of $271.55 million for the quarter, compared to analysts' expectations of $274.10 million. During the same period in the prior year, the business posted $1.01 earnings per share. The firm's revenue was up 1.5% on a year-over-year basis.

Institutional Trading of CSG Systems International

A number of large investors have recently modified their holdings of CSGS. USA Financial Formulas bought a new stake in shares of CSG Systems International during the 1st quarter valued at about $48,000. TD Private Client Wealth LLC raised its holdings in shares of CSG Systems International by 21.3% during the 1st quarter. TD Private Client Wealth LLC now owns 2,124 shares of the technology company's stock valued at $128,000 after buying an additional 373 shares in the last quarter. Praxis Investment Management Inc. purchased a new position in shares of CSG Systems International during the 1st quarter valued at about $206,000. SG Americas Securities LLC purchased a new position in shares of CSG Systems International during the 1st quarter valued at about $315,000. Finally, Harbor Capital Advisors Inc. raised its holdings in shares of CSG Systems International by 20.0% during the 1st quarter. Harbor Capital Advisors Inc. now owns 6,379 shares of the technology company's stock valued at $386,000 after buying an additional 1,064 shares in the last quarter. Institutional investors own 91.07% of the company's stock.

CSG Systems International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Wednesday, June 18th will be given a dividend of $0.32 per share. The ex-dividend date is Wednesday, June 18th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.97%. CSG Systems International's dividend payout ratio (DPR) is presently 43.69%.

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.