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

Constellation Software Inc. (TSE:CSU) has earned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is C$4,481.14.

Several equities analysts have recently commented on the company. Jefferies Financial Group reduced their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. TD Securities dropped their price target on Constellation Software from C$5,700.00 to C$5,300.00 in a research report on Monday, November 10th. BMO Capital Markets cut their price objective on shares of Constellation Software from C$5,400.00 to C$4,600.00 in a research report on Monday, November 10th. Royal Bank Of Canada reduced their price target on Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating for the company in a research report on Monday, January 26th. Finally, Raymond James Financial decreased their price objective on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a report on Monday, November 10th.

Constellation Software Price Performance

CSU opened at C$2,356.67 on Tuesday. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. The company has a market cap of C$49.94 billion, a P/E ratio of 72.74, a P/E/G ratio of 2.95 and a beta of 0.10. The company has a 50 day moving average of C$2,955.94 and a two-hundred day moving average of C$3,606.59. Constellation Software has a 52-week low of C$2,196.00 and a 52-week high of C$5,300.00.

Constellation Software Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Monday, January 12th were issued a dividend of $1.00 per share. The ex-dividend date was Friday, December 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.2%. Constellation Software’s payout ratio is currently 12.35%.

Constellation Software Company Profile

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.