Constellation Software (TSE:CSU) Posts Earnings Results

Constellation Software (TSE:CSU) issued its quarterly earnings data on Monday. The company reported C$7.12 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$4.19 billion during the quarter. Constellation Software had a net margin of 6.16% and a return on equity of 21.78%.

Constellation Software Price Performance

Shares of TSE CSU opened at C$2,963.34 on Monday. The company has a market capitalization of C$62.80 billion, a PE ratio of 91.46, 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 1.02 and a debt-to-equity ratio of 156.85. The stock’s 50 day moving average price is C$2,739.38 and its 200-day moving average price is C$3,407.16. Constellation Software has a twelve month low of C$2,196.00 and a twelve month high of C$5,300.00.

Constellation Software Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Monday, January 12th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Friday, December 19th. Constellation Software’s payout ratio is presently 12.35%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on CSU shares. Canadian Imperial Bank of Commerce dropped their price target on shares of Constellation Software from C$5,260.00 to C$4,668.00 in a research report on Friday, January 16th. National Bank Financial decreased their price objective on Constellation Software from C$4,500.00 to C$3,200.00 and set a “sector perform” rating for the company in a report on Thursday, January 22nd. Jefferies Financial Group lowered their price objective on Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. BMO Capital Markets cut their target price on Constellation Software from C$5,400.00 to C$4,600.00 in a research report on Monday, November 10th. Finally, Royal Bank Of Canada decreased their price target on Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating for the company in a report on Monday, January 26th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$4,481.14.

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.