Constellation Software Inc. (TSE:CSU) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have earned a consensus rating of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$4,875.00.

CSU has been the topic of a number of analyst reports. Raymond James upped their target price on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. BMO Capital Markets increased their price objective on Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. CIBC lifted 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 research report on Monday, December 9th. National Bankshares increased 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 research report on Thursday, October 24th. Finally, UBS Group raised shares of Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st.

Constellation Software Stock Performance

TSE:CSU opened at C$4,931.87 on Friday. The firm has a market capitalization of C$104.51 billion, a P/E ratio of 116.51, a P/E/G ratio of 2.95 and a beta of 0.81. Constellation Software has a twelve month low of C$3,535.00 and a twelve month high of C$4,969.29. The company has a fifty day moving average of C$4,552.47 and a 200-day moving average of C$4,405.92. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 151.81.

Constellation Software (TSE:CSU) last announced its quarterly earnings results on Friday, November 8th. The company reported C$27.69 earnings per share (EPS) for the quarter, missing the consensus estimate of C$27.98 by C($0.29). Constellation Software had a return on equity of 15.93% and a net margin of 7.00%. During the same period in the prior year, the business posted $29.83 earnings per share. As a group, sell-side analysts anticipate that Constellation Software will post 55.4616354 EPS for the current year.

Constellation Software Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were paid a dividend of $1.353 per share. The ex-dividend date was Friday, December 20th. This represents a $5.41 annualized dividend and a dividend yield of 0.11%. Constellation Software’s payout ratio is 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.