CSG Systems International, Inc. (NASDAQ:CSGS – Get Rating) has been assigned a consensus recommendation of “Buy” from the seven research firms that are currently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have covered the stock in the last year is $68.00.
Several equities research analysts have recently issued reports on CSGS shares. Benchmark restated a “buy” rating and issued a $73.00 price objective on shares of CSG Systems International in a research note on Tuesday, January 31st. Stifel Nicolaus cut their price target on CSG Systems International from $60.00 to $56.00 in a report on Thursday, May 4th. StockNews.com started coverage on CSG Systems International in a research report on Thursday. They issued a “buy” rating for the company. Finally, Cantor Fitzgerald began coverage on CSG Systems International in a research report on Tuesday, April 4th. They set an “overweight” rating for the company.
Insider Activity at CSG Systems International
In other CSG Systems International news, COO Kenneth M. Kennedy sold 9,000 shares of the company’s stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $49.06, for a total value of $441,540.00. Following the transaction, the chief operating officer now directly owns 185,466 shares of the company’s stock, valued at approximately $9,098,961.96. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.49% of the stock is owned by company insiders.
Institutional Trading of CSG Systems International
CSG Systems International Price Performance
Shares of CSGS stock opened at $49.37 on Monday. The company has a market capitalization of $1.56 billion, a PE ratio of 25.85 and a beta of 0.86. The firm has a fifty day simple moving average of $51.89 and a 200-day simple moving average of $56.15. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 1.10. CSG Systems International has a twelve month low of $48.18 and a twelve month high of $66.58.
CSG Systems International Company Profile
CSG Systems International, Inc is a purpose-driven, SaaS platform company, which engages in providing business support solutions serving the communications industry. It focuses on revenue management and digital monetization, customer experience, and payment solutions providers. The company was founded on October 17, 1994 and is headquartered in Englewood, CO.
- Get a free copy of the StockNews.com research report on CSG Systems International (CSGS)
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