Constellation Software (TSE:CSU) Given New C$4,250.00 Price Target at UBS Group

Constellation Software (TSE:CSU) had its target price decreased by UBS Group from C$4,500.00 to C$4,250.00 in a research note published on Tuesday morning,BayStreet.CA reports.

A number of other brokerages also recently weighed in on CSU. Royal Bank Of Canada cut their price objective on Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating on the stock in a research note on Monday, January 26th. Canadian Imperial Bank of Commerce decreased their target price on Constellation Software from C$4,688.00 to C$4,610.00 and set an “outperform” rating for the company in a research report on Tuesday, March 10th. National Bank Financial increased their price target on Constellation Software from C$3,200.00 to C$3,400.00 and gave the company a “sector perform” rating in a report on Tuesday, March 10th. BMO Capital Markets dropped their price target on shares of Constellation Software from C$4,600.00 to C$4,200.00 in a research report on Tuesday, March 10th. Finally, TD Securities boosted their price objective on shares of Constellation Software from C$4,000.00 to C$4,100.00 and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Constellation Software presently has an average rating of “Moderate Buy” and a consensus target price of C$4,195.00.

Constellation Software Stock Performance

CSU stock opened at C$2,441.99 on Tuesday. The firm has a 50 day moving average of C$2,535.72 and a two-hundred day moving average of C$3,174.09. Constellation Software has a 12 month low of C$2,196.00 and a 12 month high of C$5,300.00. The company has a market capitalization of C$51.75 billion, a price-to-earnings ratio of 101.12, a P/E/G 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.

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 business had revenue of C$4.19 billion for the quarter. Constellation Software had a net margin of 4.40% and a return on equity of 15.35%. As a group, equities analysts anticipate that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Constellation Software Dividend Announcement

The firm 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 dividend of $1.00 per share. The ex-dividend date is Friday, March 27th. This represents a $4.00 annualized dividend and a yield of 0.2%. Constellation Software’s dividend payout ratio is presently 16.56%.

About Constellation Software

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.