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 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]
77% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 26
15% more capital invested
Capital invested by funds: $1.23B [Q2] → $1.41B (+$183M) [Q3]
9% more funds holding
Funds holding: 233 [Q2] → 253 (+20) [Q3]
2.21% less ownership
Funds ownership: 100.33% [Q2] → 98.12% (-2.21%) [Q3]
16% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 93
65% less call options, than puts
Call options by funds: $195K | Put options by funds: $563K
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 / 0 met price target | 5%upside $58 | Outperform Maintained | 7 Nov 2024 |
Wells Fargo Michael Berg 0 / 0 met price target | 8%downside $51 | Equal-Weight Maintained | 7 Nov 2024 |
Benchmark Matthew Harrigan 0 / 0 met price target | 36%upside $75 | Buy Reiterated | 5 Nov 2024 |
Financial journalist opinion
Based on 11 articles about CSGS published over the past 30 days
