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

Constellation Software Inc. (TSE:CSU) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is C$4,625.00.

CSU has been the topic of several analyst reports. BMO Capital Markets increased their price objective on Constellation Software from C$4,550.00 to C$4,800.00 in a research note on Monday. Royal Bank of Canada increased their price objective on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a research note on Monday, July 22nd. National Bankshares raised their price target on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Raymond James raised their price target on Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a “market perform” rating in a research note on Monday, August 12th. Finally, CIBC raised their price target on Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th.

Constellation Software Stock Down 0.3 %

Shares of TSE CSU opened at C$4,251.02 on Wednesday. The stock has a market cap of C$90.08 billion, a P/E ratio of 100.43, a PEG ratio of 2.95 and a beta of 0.81. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. Constellation Software has a 12-month low of C$2,820.00 and a 12-month high of C$4,476.50. The business’s fifty day simple moving average is C$4,330.94 and its 200-day simple moving average is C$4,079.65.

Constellation Software (TSE:CSU) last announced its quarterly earnings data on Friday, August 9th. The company reported C$31.00 earnings per share (EPS) for the quarter, beating the consensus estimate of C$29.71 by C$1.29. The business had revenue of C$3.38 billion for the quarter, compared to analysts’ expectations of C$3.40 billion. Constellation Software had a return on equity of 15.93% and a net margin of 7.00%. As a group, equities analysts predict that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Constellation Software Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were paid a $1.381 dividend. The ex-dividend date was Friday, September 20th. This is a boost from Constellation Software’s previous quarterly dividend of $1.38. This represents a $5.52 dividend on an annualized basis and a yield of 0.13%. Constellation Software’s dividend payout ratio (DPR) is currently 12.95%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.