NASDAQ:CSPI

CSP (CSPI) Stock Forecast, Price & News

$12.86

+0.35 (+2.80%)

(As of 06/9/2023 ET)

Compare

Today's Range: $12.51
▼
$12.87
50-Day Range: $10.50
▼
$14.80
52-Week Range: $6.68
▼
$14.98

Volume: 2,172 shs
Average Volume: 9,314 shs
Market Capitalization: $60.59 million

P/E Ratio: 17.39
Dividend Yield: 1.24%
Price Target: N/A

CSP MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.02% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.84
Based on 5 Articles This Week
Insider Trading: Acquiring Shares
$91,845 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Computer And Technology Sector

333rd out of 598 stocks

Information Technology Services Industry

3rd out of 5 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for CSP.

3.0

Short Interest

Percentage of Shares Shorted
0.02% of the float of CSP has been sold short.
Short Interest Ratio / Days to Cover
CSP has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CSP has recently increased by 166.67%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
CSP pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
CSP has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of CSP is 21.62%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CSPI.

3.2

News and Social Media Coverage

News Sentiment
CSP has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for CSP this week, compared to 1 article on an average week.
Search Interest
1 people have searched for CSPI on MarketBeat in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CSP insiders have bought more of their company's stock than they have sold. Specifically, they have bought $91,845.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
14.10% of the stock of CSP is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 24.79% of the stock of CSP is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CSP is 17.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of CSP is 17.39, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 310.83.
Price to Book Value per Share Ratio
CSP has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CSP (NASDAQ:CSPI) Stock

CSP Inc. develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries. This segment also offers professional IT consulting services, such as planning, designing, assessment, implementation, migration, optimization, and project management; storage and virtualization solutions; enterprise security intrusion prevention, network access control, and unified threat management services; and IT security compliance services. In addition, this segment provides unified communications, wireless, and routing and switching solutions; custom software applications and solutions development and support services; optimization, maintenance, and technical support services; and managed IT services, such as monitoring, reporting, and management of alerts for the resolution and preventive general IT, as well as IT security support tasks. Further, this segment offers managed and cloud services, such as proactive monitoring and remote management of IT infrastructure, managed and hosted unified communication services, security, and backup and replication. The High Performance Products segment offers ARIA Software-Defined Security, a cybersecurity solution; Myricom network adapters; and multicomputer products for digital signal processing applications in the defense markets. CSP Inc. was incorporated in 1968 and is headquartered in Lowell, Massachusetts.

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CSPI Stock News Headlines

June 9, 2023 | americanbankingnews.com

Joseph R. Nerges Purchases 2,679 Shares of CSP Inc. (NASDAQ:CSPI) Stock

June 4, 2023 | americanbankingnews.com

CSP (NASDAQ:CSPI) Rating Lowered to Hold at StockNews.com

June 10, 2023 | Behind the Markets (Ad)

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May 21, 2023 | americanbankingnews.com

Joseph R. Nerges Buys 1,000 Shares of CSP Inc. (NASDAQ:CSPI) Stock

May 19, 2023 | msn.com

Tuesday Is Your Last Chance To Buy CSP Before The Dividend Payout

May 19, 2023 | finance.yahoo.com

CSP Inc. (NASDAQ:CSPI) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

May 15, 2023 | americanbankingnews.com

CSP (NASDAQ:CSPI) Coverage Initiated at StockNews.com

May 14, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on CSP (NASDAQ:CSPI)

June 10, 2023 | Behind the Markets (Ad)

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May 12, 2023 | americanbankingnews.com

CSP Inc. (NASDAQ:CSPI) Announces Quarterly Dividend of $0.04

May 12, 2023 | msn.com

CSP (CSPI) Declares $0.04 Dividend

May 11, 2023 | msn.com

CSP GAAP EPS of $0.07, revenue of $13.27M

May 11, 2023 | finance.yahoo.com

Q2 2023 CSP Inc Earnings Call

May 10, 2023 | finance.yahoo.com

CSP (NASDAQ:CSPI) Might Be Having Difficulty Using Its Capital Effectively

May 10, 2023 | finance.yahoo.com

CSP Inc. Momentum Continues During Fiscal Second Quarter With 11% Revenue Growth and Diluted Earnings per Common Share of $0.07 Compared to $0.03 in the Prior Fiscal Year Second Quarter, Quarterly Dividend of $0.04 per Share Declared

May 9, 2023 | americanbankingnews.com

CSP (CSPI) Scheduled to Post Earnings on Wednesday

May 5, 2023 | finanznachrichten.de

CSP, Inc.: CSPi Welcomes Miami Dolphins as New Acronis TeamUp Partner

May 4, 2023 | finance.yahoo.com

CSPi to Announce Fiscal Second Quarter Results on May 10, 2023

April 23, 2023 | americanbankingnews.com

CSP (NASDAQ:CSPI) Stock Price Crosses Above 200-Day Moving Average of $10.17

April 15, 2023 | finanznachrichten.de

CSP, Inc.: CSPi Technology Solutions Honored on the 2023 CRN Tech Elite 250 List

April 15, 2023 | finanznachrichten.de

CSP, Inc.: CSPi Technology Solutions Recognized on CRN's 2023 MSP500 List

April 14, 2023 | finance.yahoo.com

CSPi Technology Solutions Recognized on CRN’s 2023 MSP500 List

April 14, 2023 | finance.yahoo.com

CSPi Technology Solutions Honored on the 2023 CRN Tech Elite 250 List

April 13, 2023 | finance.yahoo.com

CSP's (NASDAQ:CSPI) investors will be pleased with their impressive 104% return over the last year

March 17, 2023 | finance.yahoo.com

CSP Inc.'s (NASDAQ:CSPI) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

February 18, 2023 | finance.yahoo.com

There's A Lot To Like About CSP's (NASDAQ:CSPI) Upcoming US$0.03 Dividend

February 10, 2023 | finance.yahoo.com

CSP First Quarter 2023 Earnings: EPS: US$0.21 (vs US$0.087 loss in 1Q 2022)

See More Headlines

CSPI Price History

30 days | 90 days | 365 days | Advanced Chart

CSPI Company Calendar

Last Earnings: 8/11/2020
Ex-Dividend for 3/14 Dividend: 2/23/2023
Dividend Payable: 3/14/2023
Ex-Dividend for 6/13 Dividend: 5/24/2023
Today: 6/10/2023
Dividend Payable: 6/13/2023
Next Earnings (Estimated): 8/09/2023
Fiscal Year End: 9/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer integrated systems design
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:CSPI
CUSIP: N/A
CIK: 356037
Web: www.cspi.com
Phone: (978) 954-5038
Fax: 978-663-0150
Employees: 112
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.74
Trailing P/E Ratio: 17.39
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.89 million
Net Margins: 5.17%
Pretax Margin: 5.87%
Return on Equity: 8.20%
Return on Assets: 4.64%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.61
Quick Ratio: 2.28

Sales & Book Value

Annual Sales: $54.36 million
Price / Sales: 1.11
Cash Flow: $0.61 per share
Price / Cash Flow: 20.94
Book Value: $8.55 per share
Price / Book: 1.50

Miscellaneous

Outstanding Shares: 4,710,000
Free Float: 4,047,000
Market Cap: $60.59 million
Optionable: Not Optionable
Beta: 1.22

Key Executives

Victor J. Dellovo
President, Chief Executive Officer & Director

Gary Warren Levine
Chief Financial Officer & Secretary

Gary Southwell
Vice President & General Manager

Joe D'Agostino
Director-Worldwide Sales

Mike Newbanks
Chief Accounting Officer & Vice President-Finance

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CSPI Stock - Frequently Asked Questions

How have CSPI shares performed in 2023?: CSP's stock was trading at $9.43 on January 1st, 2023. Since then, CSPI stock has increased by 36.4% and is now trading at $12.8650.
View the best growth stocks for 2023 here.
When is CSP's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our CSPI earnings forecast.
How were CSP's earnings last quarter?: CSP Inc. (NASDAQ:CSPI) released its earnings results on Tuesday, August, 11th. The information technology services provider reported ($0.05) earnings per share for the quarter. The information technology services provider earned $13.53 million during the quarter. CSP had a net margin of 5.17% and a trailing twelve-month return on equity of 8.20%.
Read the conference call transcript.
How often does CSP pay dividends? What is the dividend yield for CSP?: CSP announced a quarterly dividend on Wednesday, May 10th. Shareholders of record on Thursday, May 25th will be given a dividend of $0.04 per share on Tuesday, June 13th. This represents a $0.16 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Wednesday, May 24th. This is a positive change from the stock's previous quarterly dividend of $0.03.
Read our dividend analysis for CSPI.
Is CSP a good dividend stock?: CSP (NASDAQ:CSPI) pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.28%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.62%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CSPI.
What is Victor Dellovo's approval rating as CSP's CEO?: 25 employees have rated CSP Chief Executive Officer Victor Dellovo on Glassdoor.com. Victor Dellovo has an approval rating of 79% among the company's employees.

What other stocks do shareholders of CSP own?: Based on aggregate information from My MarketBeat watchlists, some companies that other CSP investors own include Allena Pharmaceuticals (ALNA), International Paper (IP), BCE (BCE), British American Tobacco (BTI), Cinemark (CNK), CenterPoint Energy (CNP), Corbus Pharmaceuticals (CRBP), Dominion Energy (D), Enbridge (ENB) and Enterprise Products Partners (EPD).
What is CSP's stock symbol?: CSP trades on the NASDAQ under the ticker symbol "CSPI."
Who are CSP's major shareholders?: CSP's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.76%), Renaissance Technologies LLC (3.49%), Mercer Global Advisors Inc. ADV (0.94%), Envestnet Asset Management Inc. (0.95%) and BlackRock Inc. (0.19%). Insiders that own company stock include C Shelton James, Gary W Levine, Joseph R Nerges, Joseph R Nerges, Mike Newbanks and Victor Dellovo.
View institutional ownership trends.
How do I buy shares of CSP?: Shares of CSPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is CSP's stock price today?: One share of CSPI stock can currently be purchased for approximately $12.87.
How much money does CSP make?: CSP (NASDAQ:CSPI) has a market capitalization of $60.59 million and generates $54.36 million in revenue each year. The information technology services provider earns $1.89 million in net income (profit) each year or $0.74 on an earnings per share basis.
How many employees does CSP have?: The company employs 112 workers across the globe.
How can I contact CSP?: CSP's mailing address is 175 Cabot Street - Suite 210, Lowell MA, 01854. The official website for the company is www.cspi.com. The information technology services provider can be reached via phone at (978) 954-5038, via email at ir@cspi.com, or via fax at 978-663-0150.

This page (NASDAQ:CSPI) was last updated on 6/10/2023 by MarketBeat.com Staff

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