CSG Systems International (CSGS) to Release Earnings on Wednesday

CSG Systems International (NASDAQ:CSGS - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.20 per share and revenue of $289.89 million for the quarter. CSG Systems International has set its FY 2024 guidance at 4.250-4.550 EPS.Parties that wish to register for the company's conference call can do so using this link.

CSG Systems International (NASDAQ:CSGS - Get Free Report) last announced its earnings results on Wednesday, November 6th. The technology company reported $1.06 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.06. CSG Systems International had a return on equity of 32.77% and a net margin of 5.52%. The business had revenue of $295.14 million for the quarter, compared to analyst estimates of $283.13 million. During the same quarter last year, the firm earned $0.74 EPS. CSG Systems International's revenue for the quarter was up 2.9% compared to the same quarter last year. On average, analysts expect CSG Systems International to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

CSG Systems International Stock Up 1.3 %

NASDAQ:CSGS traded up $0.75 during trading hours on Friday, reaching $58.79. 349,774 shares of the stock were exchanged, compared to its average volume of 228,483. The company has a debt-to-equity ratio of 1.84, a current ratio of 1.58 and a quick ratio of 1.58. CSG Systems International has a twelve month low of $39.56 and a twelve month high of $64.48. The stock has a market cap of $1.71 billion, a PE ratio of 25.90, a PEG ratio of 1.60 and a beta of 0.88. The firm has a 50 day moving average of $53.22 and a 200 day moving average of $49.89.

CSG Systems International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend was Wednesday, December 18th. CSG Systems International's payout ratio is 52.86%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CSGS. Royal Bank of Canada boosted their price target on shares of CSG Systems International from $52.00 to $58.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. Wells Fargo & Company upped their target price on CSG Systems International from $43.00 to $51.00 and gave the stock an "equal weight" rating in a report on Thursday, November 7th. StockNews.com raised CSG Systems International from a "buy" rating to a "strong-buy" rating in a research report on Wednesday. Finally, Benchmark reaffirmed a "buy" rating and set a $75.00 price target on shares of CSG Systems International in a research report on Tuesday, November 5th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, CSG Systems International currently has an average rating of "Buy" and an average target price of $62.00.

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.