Constellation Software Inc. (TSE:CSU) Receives C$4,187.14 Consensus Target Price from Brokerages

Constellation Software Inc. (TSE:CSU) has been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$4,187.14.

Several research analysts recently weighed in on CSU shares. BMO Capital Markets decreased their price objective on shares of Constellation Software from C$4,600.00 to C$4,200.00 in a research report on Tuesday, March 10th. TD Securities lifted their target price on shares of Constellation Software from C$4,000.00 to C$4,100.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Raymond James Financial cut their price target on shares of Constellation Software from C$4,300.00 to C$3,700.00 and set a “market perform” rating for the company in a research note on Tuesday, March 10th. Royal Bank Of Canada decreased their price target on shares of Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating on the stock in a report on Monday, January 26th. Finally, National Bank Financial raised their price objective on shares of Constellation Software from C$3,200.00 to C$3,400.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 10th.

Constellation Software Price Performance

Constellation Software stock opened at C$2,562.50 on Friday. The stock has a market cap of C$54.30 billion, a price-to-earnings ratio of 106.11, a PEG ratio of 2.95 and a beta of 0.33. The company has a quick ratio of 0.55, a current ratio of 0.96 and a debt-to-equity ratio of 161.87. The business has a 50-day simple moving average of C$2,671.62 and a 200 day simple moving average of C$3,334.25. Constellation Software has a 52 week low of C$2,196.00 and a 52 week high of C$5,300.00.

Constellation Software (TSE:CSU) last released its quarterly earnings results on Monday, March 9th. The company reported C$7.12 earnings per share for the quarter. The firm had revenue of C$4.19 billion for the quarter. Constellation Software had a return on equity of 15.35% and a net margin of 4.40%. On average, research analysts forecast that Constellation Software will post 55.4616354 earnings per share for the current fiscal year.

Constellation Software Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, March 27th. Constellation Software’s dividend payout ratio is currently 16.56%.

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.