Constellation Software Inc. (TSE:CSU) Receives Average Rating of “Hold” from Analysts

Shares of Constellation Software Inc. (TSE:CSU – Get Rating) have been assigned an average rating of “Hold” from the seven analysts that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$2,414.29.

CSU has been the subject of several analyst reports. Raymond James set a C$2,400.00 price objective on Constellation Software and gave the company a “market perform” rating in a report on Thursday, May 5th. CIBC decreased their price target on Constellation Software from C$2,900.00 to C$2,450.00 and set an “outperform” rating on the stock in a research note on Friday, May 6th. BMO Capital Markets decreased their price target on Constellation Software from C$2,500.00 to C$2,400.00 in a research note on Thursday, May 5th. Royal Bank of Canada decreased their price target on Constellation Software from C$2,800.00 to C$2,700.00 and set an “outperform” rating on the stock in a research note on Thursday, May 5th. Finally, National Bankshares lifted their price target on Constellation Software from C$2,100.00 to C$2,350.00 and gave the company a “sector perform” rating in a research note on Monday, February 14th.

Shares of TSE CSU opened at C$1,893.91 on Friday. The stock has a market capitalization of C$40.14 billion and a PE ratio of 101.63. The company has a debt-to-equity ratio of 91.25, a current ratio of 0.75 and a quick ratio of 0.67. The business has a fifty day moving average price of C$2,110.27 and a two-hundred day moving average price of C$2,153.01. Constellation Software has a fifty-two week low of C$1,677.44 and a fifty-two week high of C$2,385.80.

Constellation Software (TSE:CSU – Get Rating) last announced its quarterly earnings data on Thursday, February 10th. The company reported C$15.72 earnings per share for the quarter, missing the consensus estimate of C$17.10 by C($1.38). The business had revenue of C$1.74 billion during the quarter, compared to analysts’ expectations of C$1.73 billion. On average, equities analysts expect that Constellation Software will post 82.0999979 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 11th. Investors of record on Monday, June 20th will be given a dividend of $1.286 per share. The ex-dividend date is Friday, June 17th. This represents a $5.14 dividend on an annualized basis and a yield of 0.27%. This is a positive change from Constellation Software’s previous quarterly dividend of $1.00. Constellation Software’s payout ratio is currently 21.46%.

About Constellation Software (Get Rating)

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, the United Kingdom, and rest of Europe. Its industry specific software businesses provide specialized and mission-critical software solutions. The company serves public and private sector markets.

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