CSG Systems InternationalCSGS
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
8% less funds holding
Funds holding: 254 [Q1] → 233 (-21) [Q2]
9.78% less ownership
Funds ownership: 108.45% [Q1] → 98.67% (-9.78%) [Q2]
25% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 101
27% less capital invested
Capital invested by funds: $1.65B [Q1] → $1.21B (-$439M) [Q2]
48% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 44
59% less call options, than puts
Call options by funds: $239K | Put options by funds: $576K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
RBC Capital Dan Bergstrom 0% 1-year accuracy 0 / 5 met price target | 8%upside $52 | Outperform Maintained | 8 Aug 2024 |
Cantor Fitzgerald Brett Knoblauch 41% 1-year accuracy 32 / 79 met price target | 33%upside $64 | Overweight Maintained | 8 Aug 2024 |
Benchmark Matthew Harrigan 55% 1-year accuracy 35 / 64 met price target | 55%upside $75 | Buy Reiterated | 7 Aug 2024 |
Financial journalist opinion
Based on 7 articles about CSGS published over the past 30 days