CSG Systems (CSGS) Billing Support Software Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CSG Systems (CSGS) Billing Support Software

CSGS 79.49

-0.1%

Jan 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Douglas V. Fant who wrote (31)	6/29/1999 7:08:00 PM
From: drsvelte	Read Replies (1) of 135

Hi Douglas! Looks like good news and CSGS did have a good day. I sold last week - may look to get back in if this upmove can be sustained. DLJ likes CSGS prospects ... CSG SYSTEMS (CSGS: $37.75) 05/07/99 Initiating Coverage of CSGS with BUY Rating; Target $50 Earnings Per Share Old New P/E Ratios (FY:Dec.) 2000E $ $1.40 27.0 1999E 1.07 35.3 1998A 0.64 59.0 Rating: BUY Change: None 12-Mo. Target: $50.00 We are initiating coverage of CSG Systems with a BUY rating and a price target of $50. CSG Systems is a leading provider of customer care and billing (CC&B) services to the converging communications market, with a majority of its customers in the cable (CATV) and direct broadcast satellite (DBS) industries. CSGS provides its services to over 30.5 million subscribers at over 1,100 client sites and prints and mails more than 250 million bills to its clients' customers each year. We are forecasting a long-term earnings growth rate of 30%. Our $50 target price is based on a multiple of 35.7X our 2000E estimate, or a valuation that is based on a modest premium to CSGS's growth rate.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next