Caesarstone Ltd. (CSTE) Reaches $14.65 After 9.00% Down Move; CSG Systems International Has 1.79 Sentiment

May 29, 2018 - By Ellis Scott

CSG Systems International, Inc. (NASDAQ:CSGS) Logo

CSG Systems International Inc (CSGS) investors sentiment increased to 1.79 in 2018 Q1. It’s up 0.55, from 1.24 in 2017Q4. The ratio has improved, as 104 institutional investors opened new or increased equity positions, while 58 sold and trimmed stock positions in CSG Systems International Inc. The institutional investors in our database reported: 29.43 million shares, down from 29.63 million shares in 2017Q4. Also, the number of institutional investors holding CSG Systems International Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 49 Increased: 77 New Position: 27.

The stock of Caesarstone Ltd. (NASDAQ:CSTE) is a huge mover today! The stock decreased 3.62% or $0.55 during the last trading session, reaching $14.65. About 245,440 shares traded. Caesarstone Ltd. (NASDAQ:CSTE) has declined 59.68% since May 29, 2017 and is downtrending. It has underperformed by 72.25% the S&P500.The move comes after 5 months negative chart setup for the $503.21 million company. It was reported on May, 29 by Barchart.com. We have $13.33 PT which if reached, will make NASDAQ:CSTE worth $45.29M less.

Dean Capital Management holds 1.79% of its portfolio in CSG Systems International, Inc. for 79,707 shares. Smith Graham & Co. Investment Advisors Lp owns 218,351 shares or 0.95% of their US portfolio. Moreover, Dean Investment Associates Llc has 0.89% invested in the company for 133,707 shares. The Kentucky-based River Road Asset Management Llc has invested 0.62% in the stock. Bragg Financial Advisors Inc, a North Carolina-based fund reported 83,222 shares.

Since January 1, 0001, it had 0 buys, and 8 insider sales for $3.90 million activity.

The stock decreased 0.90% or $0.37 during the last trading session, reaching $40.83. About 74,323 shares traded. CSG Systems International, Inc. (CSGS) has risen 1.60% since May 29, 2017 and is uptrending. It has underperformed by 10.97% the S&P500.

More important recent CSG Systems International, Inc. (NASDAQ:CSGS) news were published by: Nasdaq.com which released: “Detailed Research: Economic Perspectives on CBL & Associates Properties, Covenant Transportation Group, Mitek …” on May 21, 2018, also Seekingalpha.com published article titled: “CSG Systems International’s (CSGS) CEO Bret Griess on Q1 2018 Results – Earnings Call Transcript”, Streetinsider.com published: “CSG Systems (CSGS) Declares $0.21 Quarterly Dividend; 2.1% Yield” on May 02, 2018. More interesting news about CSG Systems International, Inc. (NASDAQ:CSGS) was released by: Businesswire.com and their article: “CSG Survey Reveals Consumer Priorities for the IoT” with publication date: May 15, 2018.

CSG Systems International, Inc. provides business support solutions primarily to the communications industry. The company has market cap of $1.38 billion. The Company’s suite of solutions comprises Advanced Convergent Platform, a billing and customer care platform for cable and satellite providers; Total Service Mediation framework that supports offline and real-time mediation requirements; Singleview solution to deliver real-time charging services; and Wholesale Business Management Solution (WBMS), a settlements system, which handles voice, data, and content services. It has a 24.42 P/E ratio. The companyÂ’s solutions also include customer interaction management solutions that process interactive voice, SMS/text, print, e-mail, Web, and fax messages on behalf of clients; and managed services.

Analysts await CSG Systems International, Inc. (NASDAQ:CSGS) to report earnings on August, 1. They expect $0.59 EPS, up 18.00% or $0.09 from last year’s $0.5 per share. CSGS’s profit will be $19.87 million for 17.30 P/E if the $0.59 EPS becomes a reality. After $0.59 actual EPS reported by CSG Systems International, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 10 analysts covering Caesarstone Sdot-Yam (NASDAQ:CSTE), 2 have Buy rating, 4 Sell and 4 Hold. Therefore 20% are positive. Caesarstone Sdot-Yam had 31 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by Chardan Capital Markets with “Buy” on Wednesday, April 6. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, February 11 report. The stock of Caesarstone Ltd. (NASDAQ:CSTE) earned “Neutral” rating by Bank of America on Thursday, August 6. As per Monday, January 22, the company rating was downgraded by Credit Suisse. Chardan Capital Markets maintained the shares of CSTE in report on Tuesday, November 7 with “Hold” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, August 2 report. Credit Suisse downgraded the shares of CSTE in report on Thursday, May 17 to “Sell” rating. The firm has “Strong Sell” rating by SprucePoint Capital given on Tuesday, October 6. The company was downgraded on Thursday, May 11 by Chardan Capital Markets. The firm has “Buy” rating given on Friday, October 16 by Bank of America.

Analysts await Caesarstone Ltd. (NASDAQ:CSTE) to report earnings on August, 1. They expect $0.34 earnings per share, down 19.05% or $0.08 from last year’s $0.42 per share. CSTE’s profit will be $11.68M for 10.77 P/E if the $0.34 EPS becomes a reality. After $0.05 actual earnings per share reported by Caesarstone Ltd. for the previous quarter, Wall Street now forecasts 580.00% EPS growth.

More notable recent Caesarstone Ltd. (NASDAQ:CSTE) news were published by: Seekingalpha.com which released: “Caesarstone: Investors May Want To Wait” on May 15, 2018, also Streetinsider.com with their article: “Pre-Open Stock Movers 05/09: (TRIP) (ZAGG) (AAXN) Higher; (EXTR) (CSTE) (AAOI) Lower (more…)” published on May 09, 2018, Seekingalpha.com published: “Tracking Robert Karr’s Joho Capital Portfolio – Q1 2018 Update” on May 23, 2018. More interesting news about Caesarstone Ltd. (NASDAQ:CSTE) were released by: Nasdaq.com and their article: “Caesarstone Cuts Its Outlook and Suspends Its Dividend After a Challenging Quarter” published on May 09, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Day Market Update: Crude Oil Up Over 3%; Extreme Networks Shares Plummet” with publication date: May 09, 2018.

Caesarstone Ltd., together with its subsidiaries, makes and sells engineered quartz surfaces under the Caesarstone brand in the United States, Australia, Canada, Israel, Europe, and internationally. The company has market cap of $503.21 million. The Company’s engineered quartz slabs are used as countertops in residential kitchens, as well as serve the renovation and remodeling market. It has a 20.07 P/E ratio. The companyÂ’s products are also used in other applications, such as vanity tops, wall panels, back splashes, floor tiles, stairs, and other interior surfaces that are used in various residential and non-residential applications.

CSG Systems International, Inc. (NASDAQ:CSGS) Institutional Positions Chart

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