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

Shares of Constellation Software Inc. (TSE:CSU) have received an average rating of “Moderate Buy” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation 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$4,187.14.

A number of brokerages have commented on CSU. Royal Bank Of Canada cut 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 research report on Monday, January 26th. TD Securities boosted their price objective on Constellation Software from C$4,000.00 to C$4,100.00 and gave the company a “buy” rating in a research note on Tuesday. BMO Capital Markets cut their target price on Constellation Software from C$4,600.00 to C$4,200.00 in a research report on Tuesday. 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. Finally, Canadian Imperial Bank of Commerce lowered 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 report on Tuesday.

Constellation Software Trading Down 3.6%

TSE:CSU opened at C$2,524.08 on Friday. The firm’s fifty day moving average is C$2,684.53 and its 200-day moving average is C$3,361.91. The company has a debt-to-equity ratio of 161.87, a quick ratio of 0.55 and a current ratio of 0.96. Constellation Software has a 52 week low of C$2,196.00 and a 52 week high of C$5,300.00. The firm has a market cap of C$53.49 billion, a P/E ratio of 77.90, a P/E/G ratio of 2.95 and a beta of 0.33.

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

Constellation Software Dividend Announcement

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