UBS Group Cuts Constellation Software (TSE:CSU) Price Target to C$4,250.00

Constellation Software (TSE:CSU) had its price objective reduced by UBS Group from C$4,500.00 to C$4,250.00 in a research report released on Tuesday,BayStreet.CA reports.

Several other brokerages also recently issued reports on CSU. Royal Bank Of Canada lowered their price objective 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 note on Monday, January 26th. TD Securities increased their price target on shares of Constellation Software from C$4,000.00 to C$4,100.00 and gave the company a “buy” rating in a report on Tuesday, March 10th. Raymond James Financial decreased their price target on shares of Constellation Software from C$4,300.00 to C$3,700.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 10th. BMO Capital Markets dropped their price objective on shares of Constellation Software from C$4,600.00 to C$4,200.00 in a report on Tuesday, March 10th. Finally, Canadian Imperial Bank of Commerce cut their price objective on shares of 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. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Constellation Software currently has an average rating of “Moderate Buy” and an average price target of C$4,195.00.

Constellation Software Price Performance

Shares of TSE:CSU opened at C$2,441.27 on Tuesday. The business has a 50 day moving average price of C$2,525.03 and a 200 day moving average price of C$3,163.94. Constellation Software has a twelve month low of C$2,196.00 and a twelve month high of C$5,300.00. The company has a market cap of C$51.74 billion, a price-to-earnings ratio of 101.09, 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.

Constellation Software (TSE:CSU) last issued its quarterly 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 company had revenue of C$4.19 billion for the quarter. Research analysts predict that Constellation Software will post 55.4616354 earnings per share for the current year.

Constellation Software Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, March 27th. Constellation Software’s payout ratio is 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.