CSG Systems International (CSGS)

• Market cap: $1.49B
• 1 day: -0.45%
• 5 days: -4.88%
• 1 month: -5.98%
• 3 months: 7.61%
• 6 months: 23.90%
• Year to date: -3.58%
• 1 year: -2.36%
• 5 years: -0.93%
• 10 years: 102.29%
• Sector: Information Technology
• Industry: Computer Processing & Data Preparation

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]

84% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 25

15% more capital invested

Capital invested by funds: $1.23B [Q2] → $1.41B (+$185M) [Q3]

9% more funds holding

Funds holding: 233 [Q2] → 254 (+21) [Q3]

2.05% less ownership

Funds ownership: 100.33% [Q2] → 98.29% (-2.05%) [Q3]

15% less repeat investments, than reductions

Existing positions increased: 79 | 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

• Low target: $51 0% upside
• Avg. target: $61 20% upside
• High target: $75 46% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

RBC Capital Dan Bergstrom 43% 1-year accuracy 3 / 7 met price target	13% upside $58	Outperform Maintained	7 Nov 2024
Wells Fargo Michael Berg 67% 1-year accuracy 4 / 6 met price target	0% downside $51	Equal-Weight Maintained	7 Nov 2024
Benchmark Matthew Harrigan 51% 1-year accuracy 39 / 77 met price target	46% upside $75	Buy Reiterated	5 Nov 2024