At the time of writing, CSG Systems International Inc [CSGS] stock is trading at $58.29, up 3.28%. An important factor to consider is whether the stock is rising or falling in short-term value. The CSGS shares have gain 7.82% over the last week, with a monthly amount glided 12.44%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CSG Systems International Inc [NASDAQ: CSGS] stock has seen the most recent analyst activity on March 27, 2024, when RBC Capital Mkts initiated its Outperform rating and assigned the stock a price target of $61. Previously, Jefferies started tracking the stock with Buy rating on December 01, 2023, and set its price target to $60. On November 09, 2023, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $49 on the stock. Stifel upgraded its rating to a Buy and increased its price target to $60 on August 03, 2023. Northland Capital initiated its recommendation with a Outperform and recommended $82 as its price target on June 21, 2023. Cantor Fitzgerald started tracking with a Overweight rating for this stock on April 04, 2023, and assigned it a price target of $65. In a note dated March 09, 2023, Stifel initiated an Hold rating and provided a target price of $60 on this stock.
For the past year, the stock price of CSG Systems International Inc fluctuated between $39.56 and $57.15. Currently, Wall Street analysts expect the stock to reach $52 within the next 12 months. CSG Systems International Inc [NASDAQ: CSGS] shares were valued at $58.29 at the most recent close of the market. An investor can expect a potential drop of -10.79% based on the average CSGS price forecast.
Analyzing the CSGS fundamentals
According to CSG Systems International Inc [NASDAQ:CSGS], the company’s sales were 1.18B for trailing twelve months, which represents an 2.88% jump. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.24 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.86 points at the first support level, and at 51.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.10, and for the 2nd resistance point, it is at 67.91.
Ratios To Look Out For
It is important to note that CSG Systems International Inc [NASDAQ:CSGS] has a current ratio of 1.58. On the other hand, the Quick Ratio is 1.58, and the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.44, the price to book ratio is 5.92 and price to earnings (TTM) ratio is 25.69.
Transactions by insiders
Recent insider trading involved Tran Hai, EVP & CFO, that happened on Mar 28 ’24 when 2.0 shares were purchased. EVP Pres NA Comm, Media & Tech, Woods Michael Joseph completed a deal on Mar 28 ’24 to buy 11.0 shares. Meanwhile, EVP Pres NA Comm, Media & Tech Woods Michael Joseph bought 22.0 shares on Feb 29 ’24.
