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

Constellation Software Inc. (TSE:CSU) has been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$4,128.75.

Several research firms recently commented on CSU. Canadian Imperial Bank of Commerce lowered their target price on Constellation Software from C$4,610.00 to C$4,080.00 in a research note on Friday, April 17th. BMO Capital Markets lowered their price objective on Constellation Software from C$4,600.00 to C$4,200.00 in a research report on Tuesday, March 10th. National Bank Financial raised their target price on Constellation Software from C$3,200.00 to C$3,400.00 and gave the stock a “sector perform” rating in a research report on Tuesday, March 10th. UBS Group decreased their target price on Constellation Software from C$4,500.00 to C$4,250.00 in a research note on Tuesday, March 31st. Finally, Raymond James Financial decreased their target price on 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.

Constellation Software Trading Down 1.3%

CSU opened at C$2,441.95 on Friday. Constellation Software has a 12 month low of C$2,196.00 and a 12 month high of C$5,300.00. The stock has a market capitalization of C$51.75 billion, a price-to-earnings ratio of 101.12, a PEG ratio of 2.95 and a beta of 0.39. The company has a debt-to-equity ratio of 161.87, a current ratio of 0.96 and a quick ratio of 0.55. The business has a fifty day moving average price of C$2,533.37 and a 200 day moving average price of C$2,944.87.

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

Constellation Software Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, March 27th. Constellation Software’s 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.