CSG Systems International Inc. Sets New 1-Year High at $30.04 (CSGS)
CSG Systems International (NASDAQ:CSGS) set a new 52-week high on Monday, AnalystRatingsNetwork reports. The company traded as high as $30.04 and last traded at $29.40, with a volume of 106,733 shares. The stock had previously closed at $29.93.
Several analysts have recently commented on the stock. Analysts at Thomson Reuters/Verus upgraded shares of CSG Systems International from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, December 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $23.82.
CSG Systems International has a 52 week low of $18.04 and a 52 week high of $30.00. The stock has a 50-day moving average of $29.04 and a 200-day moving average of $25.91. The company has a market cap of $934.2 million and a P/E ratio of 16.72.
CSG Systems International (NASDAQ:CSGS) last announced its earnings results on Tuesday, October 29th. The company reported $0.52 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.50 by $0.02. The company had revenue of $186.18 million for the quarter, compared to the consensus estimate of $187.60 million. During the same quarter last year, the company posted $0.50 earnings per share. CSG Systems International’s revenue was down 2.0% compared to the same quarter last year. On average, analysts predict that CSG Systems International will post $2.12 earnings per share for the current fiscal year.
CSG Systems International, Inc (NASDAQ:CSGS) is a business support solutions provider primarily serving the communications industry.
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