CSG Systems International
CSGS

$45.95

0.68%

Market Cap: 1.36B

About: CSG Systems International Inc is a purpose-driven, SaaS platform company that enables companies in a wide variety of industry verticals to tackle the growing complexity of business in the digital age. The company's cloud-first architecture and customer-centric approach empower companies to deliver unforgettable experiences for B2B (business-to-business), B2C (business-to-consumer), and B2B2X (business-to-business-to-consumer) customers, making it easier for people and businesses to connect to, use and pay for the services the company offers. The company operates in one segment i.e. Solutions and Services. Geographically, the company generates revenue from Americas (principally the U.S.).

Employees: 6,000

Information Technology Computer Processing & Data Preparation

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 6 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 22

5% more funds holding

Funds holding: 236 [Q4 2023] → 247 (+11) [Q1 2024]

3.66% more ownership

Funds ownership: 102.99% [Q4 2023] → 106.65% (+3.66%) [Q1 2024]

0% less capital invested

Capital invested by funds: $1.63B [Q4 2023] → $1.62B (-$7.86M) [Q1 2024]

9% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 97

98% less call options, than puts

Call options by funds: $52K | Put options by funds: $2.77M

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

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Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$43

6%

downside

Avg. target

$55

19%

upside

High target

$63

37%

upside

6 analyst ratings

3 positive

50%

3 neutral

50%

0 negative

0%

Wells Fargo Michael Berg	6%downside $43	Equal-Weight Maintained	4 Jun 2024
Cantor Fitzgerald Brett Knoblauch	35%upside $62	Overweight Maintained	2 May 2024
Wells Fargo Michael Berg	4%upside $48	Equal-Weight Maintained	2 May 2024
RBC Capital Dan Bergstrom	33%upside $61	Outperform Initiated	27 Mar 2024
Cantor Fitzgerald Brett Knoblauch	37%upside $63	Overweight Reiterated	8 Feb 2024

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Financial journalist opinion

Telenor Denmark Leads New Era in Wireless Innovation with CSG

COPENHAGEN, Denmark--(BUSINESS WIRE)--Telenor Denmark, the second-largest mobile operator in the Danish market, is a trailblazer for customer-first innovation. To reinforce its position at the forefront of digital telecommunications commerce and continue to provide excellent customer experiences, Telenor Denmark chose CSG®‘s (NASDAQ: CSGS) cloud-native, software-as-a-service (SaaS) platforms to drive its evolution into the future. This transformation turbocharges Telenor Denmark's omnichannel m.

Telenor Denmark Leads New Era in Wireless Innovation with CSG

CSG Systems International to Hold Second Quarter 2024 Earnings Conference Call on August 7

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) invites you to participate in a conference call on Wednesday, Aug. 7, 2024, at 5:00 p.m. ET to discuss the company's second quarter earnings results. The conference call will feature CSG president and chief executive officer Brian Shepherd and CSG chief financial officer Hai Tran. To reach the conference, call 1-888-412-4131 and use the passcode 2327393. Click here to join a webcast of CSG's earnings call in live or archived format. About CSG CSG emp.

CSG Systems International to Hold Second Quarter 2024 Earnings Conference Call on August 7

Zain Sudan Rebuilds Wireless Business in Record Time with CSG

KHARTOUM, Sudan--(BUSINESS WIRE)--Zain Sudan, part of Zain Group, a leading wireless operator in the Middle East and North Africa, is a frontrunner in customer engagement through Unstructured Supplementary Service Data (USSD). After a recent data centre outage, Zain Sudan trusted CSG® (NASDAQ: CSGS) to drive the disaster recovery of its wireless business and keep the people of Sudan connected, while preserving its market leadership. Through a gateway rebuild, Zain Sudan quickly relaunched essen.

Zain Sudan Rebuilds Wireless Business in Record Time with CSG

Updates to the Home experience elevate entertainment and bring more convenience

CUPERTINO, Calif.--(BUSINESS WIRE)--Apple® today announced software updates across its Home products that supercharge entertainment and deliver greater everyday convenience. With tvOS® 18, intelligent new features like InSight — and updates to Enhance Dialogue and subtitles — level up cinematic experiences, while new Apple Fitness+℠, Apple Music®, and FaceTime® capabilities get even better on users' biggest screen. The Home app gains new features with iOS 18, like guest access and hands-free un.

Updates to the Home experience elevate entertainment and bring more convenience

CSG Named a Leader for Customer Journey Orchestration by Top Analyst Firm

DENVER--(BUSINESS WIRE)--Top analyst firm names CSG a Leader for Customer Journey Orchestration, with highest scores possible in 16 criteria.

CSG Named a Leader for Customer Journey Orchestration by Top Analyst Firm

CSG Accelerates Diversification Strategy with Accretive Acquisition of High Growth Payment Company iCG Pay

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced it has acquired iCheckGateway.com, LLC (“iCG Pay”), a North American ACH and credit card payment processing company. Management expects this acquisition to be accretive to CSG's 2024 profitability. iCG Pay has a rapidly growing merchant customer base in high recurring revenue industry verticals including financial services, insurance, utilities and government. Both CSG and iCG Pay provide market leading solutions in ACH and credit car.

CSG Accelerates Diversification Strategy with Accretive Acquisition of High Growth Payment Company iCG Pay

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7 Tech Stocks That Also Provide Passive Income

CSG Systems International Approves Quarterly Dividend

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced that its Board of Directors approved the Company's quarterly cash dividend payment of $0.30 per share of common stock to be paid on June 27, 2024 for shareholders of record as of the close of business on June 14, 2024. About CSG CSG empowers companies to build unforgettable experiences, making it easier for people and businesses to connect with, use and pay for the services they value most. Our customer experience, billing and payment.

CSG Systems International Approves Quarterly Dividend

CSG Appoints Finance Veteran Samantha Greenberg to Board of Directors

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced the addition of finance veteran Samantha Greenberg to its board of directors. Her appointment adds deep financial market and capital allocation expertise that has helped both public and private technology companies create meaningful shareholder value. “As CSG strives to grow and diversify our revenue faster, Samantha's invaluable expertise will strengthen our board room governance and decision-making,” said Ron Cooper, chair of the bo.

CSG Appoints Finance Veteran Samantha Greenberg to Board of Directors

CSG Systems International, Inc. (CSGS) Q1 2024 Earnings Call Transcript

CSG Systems International, Inc. (NASDAQ:CSGS ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants John Rea - Treasurer & Head, Investor Relations Brian Shepherd - Chief Executive Officer Hai Tran - Chief Financial Officer Conference Call Participants Maggie Nolan - William Blair George Notter - Jefferies Nehal Chokshi - Northland Capital Markets Matthew Harrigan - Benchmark Dan Bergstrom - RBC Capital Markets Tommy Shinske - Cantor Fitzgerald Shlomo Rosenbaum - Stifel Tim Horan - Oppenheimer Michael Berg - Wells Fargo Operator Good morning. My name is Lee, and I will be your conference operator today.

CSG Systems International, Inc. (CSGS) Q1 2024 Earnings Call Transcript

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