CSG Systems International, Inc. (NASDAQ:CSGS) to Post FY2022 Earnings of $3.06 Per Share, Oppenheimer Forecasts

CSG Systems International, Inc. (NASDAQ:CSGSGet Rating) – Investment analysts at Oppenheimer issued their FY2022 earnings per share estimates for CSG Systems International in a report released on Monday, November 21st. Oppenheimer analyst T. Horan expects that the technology company will earn $3.06 per share for the year. Oppenheimer currently has a “Outperform” rating and a $75.00 target price on the stock. The consensus estimate for CSG Systems International’s current full-year earnings is $3.00 per share. Oppenheimer also issued estimates for CSG Systems International’s Q4 2022 earnings at $0.78 EPS, FY2023 earnings at $3.26 EPS, FY2024 earnings at $3.43 EPS, FY2025 earnings at $3.72 EPS and FY2026 earnings at $4.07 EPS.

Several other equities research analysts have also recently commented on CSGS. Benchmark started coverage on CSG Systems International in a research note on Thursday, August 18th. They set a “buy” rating and a $73.00 target price for the company. TheStreet raised CSG Systems International from a “c+” rating to a “b” rating in a research note on Monday, November 7th. StockNews.com raised CSG Systems International from a “hold” rating to a “buy” rating in a research note on Tuesday, November 1st. Finally, UBS Group started coverage on CSG Systems International in a research note on Wednesday. They set an “outperform” rating for the company. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $74.00.

CSG Systems International Trading Down 0.3 %

Shares of CSGS stock opened at $61.31 on Thursday. The stock has a 50-day moving average of $58.16 and a 200-day moving average of $58.76. CSG Systems International has a 1-year low of $51.28 and a 1-year high of $66.58. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 47.16 and a beta of 0.87. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 1.10.

Institutional Investors Weigh In On CSG Systems International

Hedge funds have recently added to or reduced their stakes in the company. CoreCap Advisors LLC acquired a new stake in CSG Systems International in the second quarter valued at approximately $371,000. Crossmark Global Holdings Inc. acquired a new stake in CSG Systems International in the first quarter valued at approximately $212,000. Dupont Capital Management Corp acquired a new stake in CSG Systems International in the second quarter valued at approximately $464,000. Kendall Capital Management grew its stake in CSG Systems International by 1.6% in the first quarter. Kendall Capital Management now owns 57,495 shares of the technology company’s stock valued at $3,655,000 after acquiring an additional 925 shares during the period. Finally, Counterpoint Mutual Funds LLC acquired a new stake in CSG Systems International in the second quarter valued at approximately $122,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

About CSG Systems International

(Get Rating)

CSG Systems International, Inc provides revenue management and digital monetization, customer engagement, 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 based platform; related solutions, including field force automation, analytics, electronic bill presentment, ACH, etc.

Further Reading

Earnings History and Estimates for CSG Systems International (NASDAQ:CSGS)

Receive News & Ratings for CSG Systems International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSG Systems International and related companies with MarketBeat.com's FREE daily email newsletter.