Constellation Software Inc. (TSE:CSU) Given Consensus Rating of “Buy” by Brokerages

Constellation Software Inc. (TSE:CSU) has been assigned a consensus rating of “Buy” from the seven analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$4,693.67.

CSU has been the topic of a number of analyst reports. Raymond James Financial increased their price objective on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a report on Monday, March 10th. CIBC increased their price objective on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. Royal Bank Of Canada set a C$5.70 target price on shares of Constellation Software and gave the company an “outperform” rating in a research report on Friday, March 21st. BMO Capital Markets increased their target price on shares of Constellation Software from C$5,500.00 to C$5,700.00 in a research report on Thursday, May 22nd. Finally, TD Securities increased their target price on shares of Constellation Software from C$5,500.00 to C$5,600.00 and gave the company a “buy” rating in a research report on Thursday, May 22nd.

Constellation Software Stock Down 0.5%

Shares of TSE:CSU opened at C$5,005.00 on Monday. The stock has a market capitalization of C$75.63 billion, a price-to-earnings ratio of 118.92, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a 1-year low of C$3,920.00 and a 1-year high of C$5,300.00. The company’s fifty day moving average is C$4,951.86 and its two-hundred day moving average is C$4,755.03. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93.

Constellation Software Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, July 11th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.08%. The ex-dividend date of this dividend is Friday, June 20th. Constellation Software’s dividend payout ratio is currently 13.02%.

About Constellation Software

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.