Brokers Issue Forecasts for CSGS FY2025 Earnings

CSG Systems International, Inc. (NASDAQ:CSGS - Free Report) - Cantor Fitzgerald boosted their FY2025 earnings per share (EPS) estimates for CSG Systems International in a report issued on Thursday, February 6th. Cantor Fitzgerald analyst B. Knoblauch now expects that the technology company will post earnings per share of $3.77 for the year, up from their prior estimate of $3.54. Cantor Fitzgerald has a "Overweight" rating and a $72.00 price target on the stock. The consensus estimate for CSG Systems International's current full-year earnings is $3.68 per share.

CSG Systems International (NASDAQ:CSGS - Get Free Report) last posted its earnings results on Wednesday, February 5th. The technology company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.20. CSG Systems International had a net margin of 7.25% and a return on equity of 39.42%.

Several other research firms also recently weighed in on CSGS. Benchmark reiterated a "buy" rating and issued a $75.00 target price on shares of CSG Systems International in a report on Tuesday, November 5th. StockNews.com cut shares of CSG Systems International from a "strong-buy" rating to a "buy" rating in a research report on Thursday, February 6th. Stifel Nicolaus raised their price objective on CSG Systems International from $60.00 to $66.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Wells Fargo & Company raised their price target on CSG Systems International from $51.00 to $65.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 6th. Finally, Northland Securities reiterated an "outperform" rating and issued a $80.00 price target (up previously from $78.00) on shares of CSG Systems International in a research report on Thursday, February 6th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $71.17.

CSG Systems International Trading Down 0.7 %

NASDAQ:CSGS traded down $0.43 on Friday, reaching $63.07. The company's stock had a trading volume of 128,718 shares, compared to its average volume of 286,271. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 20.73, a price-to-earnings-growth ratio of 1.77 and a beta of 0.89. CSG Systems International has a 12-month low of $39.56 and a 12-month high of $65.53. The stock has a 50 day moving average price of $54.09 and a 200 day moving average price of $50.68. The company has a quick ratio of 1.58, a current ratio of 1.46 and a debt-to-equity ratio of 1.88.

Institutional Investors Weigh In On CSG Systems International

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. KLP Kapitalforvaltning AS purchased a new position in shares of CSG Systems International during the fourth quarter valued at approximately $925,000. Hillsdale Investment Management Inc. purchased a new position in CSG Systems International in the fourth quarter valued at approximately $4,222,000. River Road Asset Management LLC lifted its position in CSG Systems International by 18.7% during the fourth quarter. River Road Asset Management LLC now owns 104,783 shares of the technology company's stock valued at $5,355,000 after buying an additional 16,519 shares in the last quarter. Amundi increased its position in shares of CSG Systems International by 1.0% in the fourth quarter. Amundi now owns 18,027 shares of the technology company's stock worth $910,000 after acquiring an additional 179 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its holdings in CSG Systems International by 15.9% in the 4th quarter. Handelsbanken Fonder AB now owns 8,030 shares of the technology company's stock valued at $410,000 after purchasing an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 91.07% of the company's stock.

CSG Systems International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.03%. This is a boost from CSG Systems International's previous quarterly dividend of $0.30. The ex-dividend date is Wednesday, March 19th. CSG Systems International's dividend payout ratio is presently 39.47%.

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.