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

Shares of Constellation Software Inc. (TSE:CSU) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$4,481.14.

Several research analysts have recently issued reports on CSU shares. Desjardins upgraded Constellation Software to a “moderate buy” rating in a research report on Thursday, October 30th. Raymond James Financial reduced their target price on Constellation Software from C$5,250.00 to C$4,300.00 in a report on Monday, November 10th. TD Securities upped their price target on Constellation Software from C$4,000.00 to C$5,300.00 in a research note on Thursday, February 19th. BMO Capital Markets reduced their price objective on shares of Constellation Software from C$5,400.00 to C$4,600.00 in a research note on Monday, November 10th. Finally, Jefferies Financial Group decreased their price objective on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a report on Monday, November 10th.

Constellation Software Price Performance

Shares of CSU stock opened at C$2,406.97 on Tuesday. The firm’s 50 day moving average price is C$2,864.10 and its two-hundred day moving average price is C$3,524.50. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. Constellation Software has a 52-week low of C$2,196.00 and a 52-week high of C$5,300.00. The stock has a market cap of C$51.01 billion, a PE ratio of 74.29, a PEG ratio of 2.95 and a beta of 0.10.

Constellation Software Announces Dividend

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