Constellation Software Inc. (TSE:CSU) Receives Consensus Recommendation of “Buy” from Analysts

Constellation Software Inc. (TSE:CSU) has been assigned an average rating of “Buy” from the six brokerages that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$5,521.43.

Several research analysts recently weighed in on the company. Jefferies Financial Group increased their price objective on Constellation Software from C$5,350.00 to C$5,850.00 and gave the stock a “buy” rating in a research report on Thursday, May 22nd. BMO Capital Markets lowered their price target on Constellation Software from C$5,700.00 to C$5,400.00 in a research report on Monday, August 11th. Royal Bank Of Canada raised their price target on Constellation Software from C$5,700.00 to C$6,000.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. Finally, TD Securities raised their price target on Constellation Software from C$5,600.00 to C$5,700.00 and gave the stock a “buy” rating in a research report on Monday, August 11th.

Constellation Software Price Performance

CSU stock opened at C$4,470.99 on Tuesday. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. The business has a 50 day simple moving average of C$4,796.06 and a 200-day simple moving average of C$4,809.12. The firm has a market capitalization of C$67.56 billion, a PE ratio of 106.23, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a 1 year low of C$4,092.69 and a 1 year high of C$5,300.00.

Constellation Software Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Friday, July 11th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Friday, June 20th. Constellation Software’s dividend payout ratio (DPR) is presently 13.02%.

Constellation Software Company Profile

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.