CSG Systems International, Inc. (NASDAQ:CSGS)
The Company is a provider of outsourced billing, customer care and print and mail solutions and services supporting the North American cable and direct broadcast satellite markets.
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Earnings are down
Revenue is barely up
Accs Receivables doubled
Makes me think of liberal revenue recognition to fakely boost earnings D:
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value screen
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http://www.fool.com/investing/small-cap/2010/12/01/our-top-stock-idea.aspx?
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Mmm...client service...
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Strong fundamentals
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Joel Greenblatt Pick
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CSG just recently announced an agreement with Charter Communications to handle their customer interactions. This will not go into effect until late 2009, but with a 16% profit margin in Q4 of 2008, I don't see them hurting as much as the S&P this year. No dividend payouts makes me a little cautious, but over the next 1-2 years, I think this stock's price will outperform.
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multiple technical signals (contrary) (score .25)
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Leading provider of outsourced services to the cable industry. Great valuation and the stock has been beat up, great time to get in.
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no comments, but sounds good.
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I should have anounced when they were at $10, but at $12.61, they are not bad. You know me. I go for above average profits.
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5 straight outperformances with each increasing should make a stock go up. This is not the case. This stock just went down. Just recent it has been going up. Looks like it leveled...
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Pros
1) Near 52 week low. 2) Trading slightly below fair value. 3) Has steady earnings. 4) Stable industry.
Cons
1) Recession. 2) May take a long time for the street to puff it back up.
The bottomline is I expect a bump from the earnings announcement whether positive or negative as the market moves it to fair value.
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