CSG Systems International, Inc. (NASDAQ:CSGS – Free Report) – Cantor Fitzgerald boosted their FY2025 EPS estimates for shares of CSG Systems International in a research report issued on Thursday, February 6th. Cantor Fitzgerald analyst B. Knoblauch now forecasts that the technology company will post earnings per share of $3.77 for the year, up from their previous estimate of $3.54. Cantor Fitzgerald currently has a “Overweight” rating and a $72.00 target price on the stock. The consensus estimate for CSG Systems International’s current full-year earnings is $3.44 per share.
CSG Systems International (NASDAQ:CSGS – Get Free Report) last announced its earnings results on Wednesday, February 5th. The technology company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.20. CSG Systems International had a return on equity of 32.77% and a net margin of 5.52%.
View Our Latest Report on CSGS
CSG Systems International Price Performance
CSGS opened at $65.06 on Friday. The business has a fifty day moving average of $53.54 and a 200 day moving average of $50.23. The stock has a market cap of $1.89 billion, a P/E ratio of 28.66, a PEG ratio of 1.61 and a beta of 0.89. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 1.84. CSG Systems International has a 52-week low of $39.56 and a 52-week high of $65.53.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Independence Bank of Kentucky acquired a new stake in CSG Systems International during the 4th quarter worth about $80,000. TD Private Client Wealth LLC lifted its holdings in CSG Systems International by 38.0% in the third quarter. TD Private Client Wealth LLC now owns 2,128 shares of the technology company’s stock valued at $104,000 after acquiring an additional 586 shares during the period. Quantbot Technologies LP purchased a new stake in CSG Systems International in the 3rd quarter worth approximately $294,000. Handelsbanken Fonder AB grew its stake in shares of CSG Systems International by 15.9% during the 4th quarter. Handelsbanken Fonder AB now owns 8,030 shares of the technology company’s stock worth $410,000 after purchasing an additional 1,100 shares during the period. Finally, Cornercap Investment Counsel Inc. increased its holdings in shares of CSG Systems International by 39.8% during the 3rd quarter. Cornercap Investment Counsel Inc. now owns 10,538 shares of the technology company’s stock valued at $513,000 after purchasing an additional 3,001 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. Stockholders of record on Wednesday, March 19th will be issued a $0.32 dividend. This is an increase from CSG Systems International’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Wednesday, March 19th. CSG Systems International’s dividend payout ratio is 52.86%.
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.
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