CSGS Price Prediction Next Week
Analysis and Insights
To predict the stock price of CSG Systems International (CSGS) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
The stock is currently trading at $60.74, with a 14-day RSI of 47.06, indicating a neutral position. The MACD is slightly bearish, with a value of -0.30, suggesting some downward momentum. Fibonacci levels indicate resistance at $61.89 and support at $59.31.
News Sentiment:
- Dividend Yield: CSGS recently passed a 2% dividend yield, attracting income-focused investors.
- Insider Activity: A director sold 9,000 shares, potentially signaling insider caution.
- Analyst View: Highlighted as a strong dividend growth stock with a Zacks Rank #2 and Growth Score of A.
Price Prediction:
Based on the analysis, the stock is expected to trade around $61.20 next week, with potential resistance at $61.89.
Recommendation:
Buy CSGS at current levels, as the stock is near support with a strong dividend yield.
CSGS Similar Chart Price Prediction
The price of CSGS is predicted to go up 5.16%, based on the high correlation periods with BYD. The similarity of these two price pattern on the periods is 96.24%.
CSGS
BYD
Up: 5.16%Similarity: 96.24%
CSGS Revenue Forecast
CSGS EPS Forecast
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CSGS Analyst's Forecast
Shlomo Rosenbaum
Stifel
Strong Buy
2025-02-06
Price Target
$60 → $66
Upside
+1.44%
Stifel noted that Reuters reported this morning that Japan's NEC is considering making a bid for CSG Systems (CSGS) and that talks between the two are in "early stages." NEC owns Netcracker, which is generally viewed as the number three player in the industry in terms of size, after Amdocs (DOX) and CSG, notes the analyst, who wouldn't anticipate "material antitrust issues" with a combination of CSG and NEC's Netracker. Stifel keeps a Buy rating on CSG Systems shares.
Brett Knoblauch
Cantor Fitzgerald
Buy
2025-02-06
Price Target
$64 → $72
Upside
+10.67%
Nehal Chokshi
Northland Capital Markets
Buy
2025-02-06
Price Target
$78 → $80
Upside
+22.96%
