BMO Capital Markets Cuts Constellation Software (TSE:CSU) Price Target to C$4,200.00

Constellation Software (TSE:CSU) had its price objective cut by BMO Capital Markets from C$4,600.00 to C$4,200.00 in a research note published on Tuesday morning,BayStreet.CA reports.

A number of other research firms have also issued reports on CSU. TD Securities reduced their target price on shares of Constellation Software from C$5,700.00 to C$5,300.00 in a research note on Monday, November 10th. Canadian Imperial Bank of Commerce cut their price target on Constellation Software from C$5,260.00 to C$4,668.00 in a report on Friday, January 16th. Raymond James Financial reduced their price objective on Constellation Software from C$5,250.00 to C$4,300.00 in a research report on Monday, November 10th. 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. Finally, Jefferies Financial Group cut their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Constellation Software has an average rating of “Moderate Buy” and a consensus price target of C$4,187.14.

Constellation Software Price Performance

Shares of TSE CSU opened at C$2,619.09 on Tuesday. Constellation Software has a 1-year low of C$2,196.00 and a 1-year high of C$5,300.00. The company has a debt-to-equity ratio of 161.87, a current ratio of 0.96 and a quick ratio of 0.55. The business’s fifty day moving average price is C$2,698.83 and its two-hundred day moving average price is C$3,375.43. The firm has a market capitalization of C$55.50 billion, a PE ratio of 80.84, a P/E/G ratio of 2.95 and a beta of 0.33.

Constellation Software (TSE:CSU) last announced its quarterly earnings results on Monday, March 9th. The company reported C$7.12 earnings per share (EPS) for the quarter. The company had revenue of C$4.19 billion during the quarter. Constellation Software had a net margin of 4.40% and a return on equity of 15.35%. On average, research analysts expect that Constellation Software will post 55.4616354 EPS for the current year.

Constellation Software Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Monday, January 12th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, December 19th. Constellation Software’s dividend payout ratio is 12.35%.

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.