CSGS Stock Summary and Trading Ideas (CSG Systems Intl | NASDAQ:CSGS)

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.).

CSG Systems Intl trades on the NASDAQ stock market under the symbol CSGS.

As of April 19, 2024, CSGS stock price climbed to $48.90 with 144,874 million shares trading.

CSGS has a beta of 1.03, meaning it tends to be more sensitive to market movements. CSGS has a correlation of 0.23 to the broad based SPY ETF.

CSGS has a market cap of $1.44 billion. This is considered a Small Cap stock.

Last quarter CSG Systems Intl reported $297 million in Revenue and $.92 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.06.

In the last 3 years, CSGS stock traded as high as $69.35 and as low as $42.58.

The top ETF exchange traded funds that CSGS belongs to (by Net Assets): IJR, FVD, VTI, VB, IWM.

CSGS has underperformed the market in the last year with a return of -6.7%, while the SPY ETF gained +21.2%. In the last 3 month period, CSGS fell short of the market, returning -5.6%, while SPY returned +4.3%. However, in the most recent 2 weeks CSGS has outperformed the stock market by returning -0.9%, while SPY returned -3.5%.

CSGS support price is $47.65 and resistance is $49.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CSGS stock will trade within this expected range on the day.