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

Shares of Constellation Software Inc. (TSE:CSU) have received an average rating of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$4,800.00.

Several equities analysts have recently issued reports on the company. CIBC lifted their price objective 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. Raymond James lifted their price objective on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. TD Securities increased their target price on Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. BMO Capital Markets lifted their price target on Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th. Finally, National Bankshares increased their price objective on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a report on Thursday, October 24th.

Constellation Software Price Performance

Constellation Software stock opened at C$4,734.16 on Friday. Constellation Software has a 52-week low of C$3,148.70 and a 52-week high of C$4,763.27. The firm has a market cap of C$100.32 billion, a PE ratio of 111.84, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 151.81. The company’s 50 day moving average is C$4,416.54 and its two-hundred day moving average is C$4,178.32.

Constellation Software Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 20th will be paid a dividend of $1.353 per share. The ex-dividend date is Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a yield of 0.11%. Constellation Software’s dividend payout ratio is presently 12.95%.

Constellation Software Company Profile

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.