Cantor Fitzgerald Forecasts CSGS FY2025 Earnings

CSG Systems International, Inc. (NASDAQ:CSGS) – Analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for CSG Systems International in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst B. Knoblauch forecasts that the technology company will earn $3.54 per share for the year. The consensus estimate for CSG Systems International’s current full-year earnings is $3.44 per share.

Several other equities research analysts have also issued reports on the stock. Benchmark reissued a “buy” rating and issued a $75.00 price objective on shares of CSG Systems International in a research report on Tuesday, November 5th. StockNews.com downgraded shares of CSG Systems International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Royal Bank of Canada boosted their price objective on shares of CSG Systems International from $52.00 to $58.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, Wells Fargo & Company raised their target price on shares of CSG Systems International from $43.00 to $51.00 and gave the stock an “equal weight” rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

CSG Systems International Stock Up 0.0 %

Shares of NASDAQ CSGS opened at $54.06 on Thursday. The firm has a fifty day moving average of $52.93 and a 200-day moving average of $49.16. The stock has a market capitalization of $1.57 billion, a PE ratio of 23.82, a P/E/G ratio of 1.48 and a beta of 0.88. 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 $57.15.

CSG Systems International (NASDAQ:CSGS) last announced its quarterly earnings data on Wednesday, November 6th. The technology company reported $1.06 earnings per share for the quarter, hitting the consensus estimate of $1.06. CSG Systems International had a net margin of 5.52% and a return on equity of 32.77%. The business had revenue of $295.14 million for the quarter, compared to analyst estimates of $283.13 million. During the same period in the prior year, the firm posted $0.74 EPS. The company’s revenue was up 2.9% on a year-over-year basis.

CSG Systems International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.22%. The ex-dividend date was Wednesday, December 18th. CSG Systems International’s dividend payout ratio is 52.86%.

Hedge Funds Weigh In On CSG Systems International

Hedge funds and other institutional investors have recently modified their holdings of the stock. TD Private Client Wealth LLC lifted its stake in CSG Systems International by 38.0% during the third quarter. TD Private Client Wealth LLC now owns 2,128 shares of the technology company’s stock valued at $104,000 after buying an additional 586 shares in the last quarter. Central Pacific Bank Trust Division grew its holdings in shares of CSG Systems International by 20.3% during the third quarter. Central Pacific Bank Trust Division now owns 3,611 shares of the technology company’s stock valued at $176,000 after buying an additional 610 shares in the last quarter. Quantbot Technologies LP acquired a new position in CSG Systems International during the third quarter valued at $294,000. Cornercap Investment Counsel Inc. boosted its position in 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 worth $513,000 after acquiring an additional 3,001 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in shares of CSG Systems International in the third quarter worth approximately $840,000. Institutional investors and hedge funds own 91.07% of the company’s stock.

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.