CSG Systems International, Inc. (NASDAQ:CSGS) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of CSG Systems International, Inc. (NASDAQ:CSGS) have earned a consensus rating of “Moderate Buy” from the five brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $65.60.

CSGS has been the subject of a number of recent analyst reports. Wells Fargo & Company increased their price target on shares of CSG Systems International from $43.00 to $51.00 and gave the company an “equal weight” rating in a research note on Thursday, November 7th. Royal Bank of Canada raised their target price on shares of CSG Systems International from $52.00 to $58.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Benchmark reissued a “buy” rating and set a $75.00 price target on shares of CSG Systems International in a research report on Tuesday, November 5th. Northland Securities reaffirmed an “outperform” rating and issued a $80.00 price objective (up from $78.00) on shares of CSG Systems International in a research report on Thursday. Finally, StockNews.com lowered CSG Systems International from a “strong-buy” rating to a “buy” rating in a report on Thursday.

CSG Systems International Trading Up 2.8 %

NASDAQ:CSGS opened at $61.66 on Thursday. The company has a market cap of $1.79 billion, a P/E ratio of 27.16, a price-to-earnings-growth ratio of 1.61 and a beta of 0.89. CSG Systems International has a twelve month low of $39.56 and a twelve month high of $64.48. The business has a 50 day moving average price of $53.40 and a two-hundred day moving average price of $50.15. 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 (NASDAQ:CSGS) last released its earnings results on Wednesday, February 5th. The technology company reported $1.40 earnings per share (EPS) for the quarter, topping 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%. As a group, analysts expect that CSG Systems International will post 3.44 EPS for the current fiscal year.

CSG Systems International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.30 per share. The ex-dividend date was Wednesday, December 18th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.95%. CSG Systems International’s dividend payout ratio (DPR) is currently 52.86%.

Institutional Investors Weigh In On CSG Systems International

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB raised its holdings in CSG Systems International by 0.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 49,812 shares of the technology company’s stock valued at $2,423,000 after acquiring an additional 302 shares in the last quarter. TD Private Client Wealth LLC raised its stake 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 purchasing an additional 586 shares in the last quarter. Willis Investment Counsel lifted its position in CSG Systems International by 4.3% during the fourth quarter. Willis Investment Counsel now owns 16,276 shares of the technology company’s stock worth $832,000 after purchasing an additional 668 shares during the period. Handelsbanken Fonder AB grew its stake in CSG Systems International by 15.9% during the fourth quarter. Handelsbanken Fonder AB now owns 8,030 shares of the technology company’s stock worth $410,000 after buying an additional 1,100 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its holdings in CSG Systems International by 0.4% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 389,369 shares of the technology company’s stock valued at $19,901,000 after buying an additional 1,420 shares during the period. 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.