CSG Systems International (CSGS) Given Daily News Sentiment Rating of 0.26
Media coverage about CSG Systems International (NASDAQ:CSGS) has been trending positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. CSG Systems International earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 47.4850871731939 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of brokerages have commented on CSGS. Zacks Investment Research upgraded shares of CSG Systems International from a “hold” rating to a “strong-buy” rating and set a $51.00 target price on the stock in a research note on Tuesday, November 7th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $47.00 price target on shares of CSG Systems International in a research report on Friday, November 3rd. Finally, BidaskClub cut shares of CSG Systems International from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 3rd.
Shares of CSG Systems International (NASDAQ:CSGS) opened at $44.05 on Friday. CSG Systems International has a 52-week low of $35.48 and a 52-week high of $51.34. The firm has a market cap of $1,436.81, a P/E ratio of 21.43 and a beta of 1.02. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.56 and a quick ratio of 2.56.
CSG Systems International (NASDAQ:CSGS) last announced its quarterly earnings results on Wednesday, November 1st. The technology company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.01. CSG Systems International had a net margin of 7.57% and a return on equity of 22.11%. The firm had revenue of $199.20 million during the quarter, compared to analysts’ expectations of $194.67 million. During the same quarter in the prior year, the company earned $0.75 EPS. The company’s revenue was up 5.2% compared to the same quarter last year. research analysts expect that CSG Systems International will post 2.1 earnings per share for the current fiscal year.
CSG Systems International Company Profile
CSG Systems International, Inc (CSG) is a provider of business support solutions primarily serving the communications industry. The Company provides business support solutions (BSS) to the communications service providers (CSPs), as well as clients in various industries. CSG’s solutions coordinate and manage various aspects of a service provider’s customer interactions, from the initial activation of customer accounts, to the support and fulfillment of various services, and through the calculation, presentment, and accounts receivables management of monthly customer statements.
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