Constellation Software Inc. (TSE:CSU) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$4,875.00.

CSU has been the topic of several research reports. National Bankshares upped their price target on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. CIBC upped their target price on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Raymond James boosted their price objective on Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. UBS Group upgraded shares of Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. Finally, BMO Capital Markets upped their price target on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th.

Constellation Software Stock Performance

Shares of CSU opened at C$4,467.12 on Thursday. Constellation Software has a 12-month low of C$3,148.70 and a 12-month high of C$4,879.19. The stock has a market capitalization of C$94.66 billion, a P/E ratio of 105.53, a P/E/G ratio of 2.95 and a beta of 0.81. The firm’s 50 day moving average is C$4,494.04 and its 200-day moving average is C$4,267.95. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55.

Constellation Software Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, January 10th will be paid a $1.353 dividend. The ex-dividend date is Friday, December 20th. This represents a $5.41 annualized dividend and a yield of 0.12%. Constellation Software’s dividend payout ratio is presently 12.95%.

Constellation Software Company Profile

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.