CSG Systems International (CSGS) Earns News Impact Rating of 0.23
News coverage about CSG Systems International (NASDAQ:CSGS) has trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CSG Systems International earned a news impact score of 0.23 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 47.9752486911782 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- CSG Systems International (CSGS) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- EARNINGS SUMMARY: Details of CSG Systems International Inc Q4 Earnings Report (markets.businessinsider.com)
- CSG Systems International (CSGS) Announces Quarterly Earnings Results (americanbankingnews.com)
- Where CSG Systems International Inc (NASDAQ:CSGS) Stands In Terms Of Earnings Growth Against Its Industry (finance.yahoo.com)
- CSG Systems International Reports Record Results for Fourth Quarter and Full Year 2017 (finance.yahoo.com)
A number of equities research analysts have recently issued reports on CSGS shares. Zacks Investment Research upgraded shares of CSG Systems International from a “hold” rating to a “strong-buy” rating and set a $51.00 price target for the company in a research report on Tuesday, November 7th. BidaskClub downgraded shares of CSG Systems International from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $47.00 price target on shares of CSG Systems International in a research report on Friday, November 3rd.
CSG Systems International (NASDAQ:CSGS) last issued its quarterly earnings data on Wednesday, February 7th. The technology company reported $0.62 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.03). CSG Systems International had a return on equity of 21.47% and a net margin of 7.77%. The business had revenue of $205.20 million for the quarter, compared to analysts’ expectations of $199.21 million. During the same period last year, the business earned $0.57 earnings per share. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. research analysts predict that CSG Systems International will post 2.45 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Wednesday, March 14th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.86%. This is a boost from CSG Systems International’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Tuesday, March 13th. CSG Systems International’s dividend payout ratio (DPR) is 42.25%.
In other news, Director Donald V. Smith sold 8,878 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $44.23, for a total transaction of $392,673.94. Following the completion of the transaction, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $884,600. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Randy Wiese sold 19,225 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $44.41, for a total transaction of $853,782.25. Following the transaction, the chief financial officer now directly owns 103,506 shares of the company’s stock, valued at $4,596,701.46. The disclosure for this sale can be found here. Over the last three months, insiders have sold 37,500 shares of company stock valued at $1,667,195. Corporate insiders own 2.57% of the company’s stock.
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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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