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

Constellation Software Inc. (TSE:CSU) has earned an average rating of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$3,823.50.

CSU has been the topic of several research reports. Canadian Imperial Bank of Commerce lowered their target price on Constellation Software from C$4,080.00 to C$4,000.00 in a research note on Thursday, May 14th. Raymond James Financial lowered their target price on Constellation Software from C$3,700.00 to C$3,200.00 and set a “market perform” rating on the stock in a research note on Wednesday, May 13th. Jefferies Financial Group lowered their target price on Constellation Software from C$3,500.00 to C$3,185.00 and set a “buy” rating on the stock in a research note on Monday. BMO Capital Markets lowered their target price on Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada lowered their target price on Constellation Software from C$4,800.00 to C$4,500.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th.

Constellation Software Stock Performance

Shares of CSU opened at C$2,647.00 on Thursday. The firm has a market cap of C$56.10 billion, a PE ratio of 75.50, a PEG ratio of 2.95 and a beta of 0.39. The stock’s fifty day moving average price is C$2,517.11 and its two-hundred day moving average price is C$2,806.87. The company has a debt-to-equity ratio of 143.18, a current ratio of 0.91 and a quick ratio of 0.55. Constellation Software has a 1 year low of C$2,196.00 and a 1 year high of C$5,060.70.

Constellation Software (TSE:CSU) last issued its earnings results on Tuesday, May 12th. The company reported C$24.08 earnings per share (EPS) for the quarter. The firm had revenue of C$4.42 billion for the quarter. Constellation Software had a return on equity of 20.79% and a net margin of 6.08%. On average, equities research analysts forecast that Constellation Software will post 55.4616354 EPS for the current year.

Constellation Software Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were given a $1.00 dividend. The ex-dividend date was Friday, March 27th. This represents a $4.00 annualized dividend and a dividend yield of 0.2%. Constellation Software’s payout ratio is 11.41%.

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.