FY2025 EPS Estimates for CSGS Lifted by Cantor Fitzgerald

CSG Systems International, Inc. (NASDAQ:CSGS - Free Report) - Research analysts at Cantor Fitzgerald lifted their FY2025 earnings estimates for shares of CSG Systems International in a research report issued 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.

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

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

CSG Systems International Stock Down 3.1%

Shares of CSGS stock traded down $1.99 during trading hours on Thursday, reaching $63.07. 183,351 shares of the company's stock were exchanged, compared to its average volume of 254,798. CSG Systems International has a 1 year low of $39.56 and a 1 year high of $67.60. The stock has a market cap of $1.83 billion, a PE ratio of 20.75, 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. The stock's fifty day moving average price is $62.35 and its two-hundred day moving average price is $59.23.

Institutional Investors Weigh In On CSG Systems International

A number of hedge funds have recently bought and sold shares of CSGS. Fuller & Thaler Asset Management Inc. lifted its position in shares of CSG Systems International by 18.9% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,357,287 shares of the technology company's stock worth $82,075,000 after buying an additional 216,128 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new position in CSG Systems International during the fourth quarter worth approximately $4,222,000. LSV Asset Management increased its position in CSG Systems International by 6.0% during the first quarter. LSV Asset Management now owns 1,465,588 shares of the technology company's stock worth $88,624,000 after buying an additional 82,344 shares during the period. GAMMA Investing LLC increased its position in CSG Systems International by 6,481.5% during the first quarter. GAMMA Investing LLC now owns 37,975 shares of the technology company's stock worth $2,296,000 after buying an additional 37,398 shares during the period. Finally, Uniplan Investment Counsel Inc. acquired a new position in CSG Systems International during the first quarter worth approximately $1,886,000. Institutional investors and hedge funds own 91.07% of the company's stock.

CSG Systems International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Wednesday, June 18th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Wednesday, June 18th. CSG Systems International's dividend payout ratio (DPR) is 43.69%.

About CSG Systems International

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.