CSG Systems International (NASDAQ:CSGS) is scheduled to post its quarterly earnings results after the market closes on Wednesday, August 7th. Analysts expect CSG Systems International to post earnings of $0.68 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
CSGS stock opened at $47.96 on Tuesday. The business’s 50 day moving average price is $49.26. CSG Systems International has a fifty-two week low of $30.40 and a fifty-two week high of $52.72. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 1.14. The firm has a market cap of $1.67 billion, a P/E ratio of 18.38 and a beta of 1.05.
A number of research analysts recently weighed in on the company. Zacks Investment Research downgraded CSG Systems International from a “buy” rating to a “hold” rating in a research note on Tuesday, July 2nd. ValuEngine downgraded CSG Systems International from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, BidaskClub raised CSG Systems International from a “hold” rating to a “buy” rating in a research note on Tuesday, July 30th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. CSG Systems International currently has an average rating of “Buy” and a consensus target price of $51.00.
In other CSG Systems International news, Director Donald Reed sold 6,800 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $46.09, for a total transaction of $313,412.00. Following the completion of the sale, the director now directly owns 34,868 shares of the company’s stock, valued at approximately $1,607,066.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.94% of the stock is currently owned by corporate insiders.
About CSG Systems International
CSG Systems International, Inc provides business support solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers revenue management and digital monetization solutions, including Advanced Convergent Platform, a pre-integrated hybrid cloud-based platform; and Ascendon, Singleview, Total Service Mediation, and Wholesale Business Management Solution platforms.
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