CSG Systems International (CSGS) Receives Daily Media Sentiment Rating of 0.19
Press coverage about CSG Systems International (NASDAQ:CSGS) has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CSG Systems International earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 46.333493548352 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
CSGS has been the subject of several research reports. BidaskClub downgraded shares of CSG Systems International from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 3rd. Zacks Investment Research downgraded shares of CSG Systems International from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $47.00 price objective on shares of CSG Systems International in a research note on Friday, November 3rd.
CSG Systems International (CSGS) opened at $44.63 on Monday. The company has a market cap of $1,496.13, a P/E ratio of 22.32 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 has a 52 week low of $35.48 and a 52 week high of $51.34.
CSG Systems International (NASDAQ:CSGS) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.64 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.01. The business had revenue of $199.20 million during the quarter, compared to the consensus estimate of $194.67 million. CSG Systems International had a net margin of 7.32% and a return on equity of 18.28%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.75 EPS. equities analysts expect that CSG Systems International will post 2.1 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Tuesday, December 5th will be given a $0.1975 dividend. This represents a $0.79 annualized dividend and a yield of 1.77%. The ex-dividend date is Monday, December 4th. CSG Systems International’s dividend payout ratio (DPR) is currently 44.13%.
In other CSG Systems International news, insider Rolland B. Johns sold 2,494 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $44.19, for a total value of $110,209.86. Following the completion of the transaction, the insider now directly owns 14,556 shares in the company, valued at approximately $643,229.64. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.57% of the company’s stock.
About CSG Systems International
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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