Constellation Software Inc. (TSE:CSU) Receives C$3,823.50 Consensus PT from Brokerages

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

Several brokerages recently commented on CSU. Raymond James Financial decreased their price target 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. TD boosted their price target on Constellation Software from C$4,100.00 to C$4,200.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Canadian Imperial Bank of Commerce reduced their price objective on Constellation Software from C$4,080.00 to C$4,000.00 in a research note on Thursday, May 14th. National Bank Financial raised Constellation Software from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$3,400.00 to C$3,500.00 in a research note on Wednesday, May 27th. Finally, TD Securities boosted their price objective on Constellation Software from C$4,000.00 to C$4,100.00 and gave the stock a “buy” rating in a research note on Tuesday, March 10th.

Constellation Software Price Performance

Shares of CSU stock opened at C$2,750.25 on Thursday. The stock’s fifty day simple moving average is C$2,545.57 and its 200 day simple moving average is C$2,789.69. The company has a debt-to-equity ratio of 143.18, a current ratio of 0.91 and a quick ratio of 0.55. The firm has a market cap of C$58.28 billion, a price-to-earnings ratio of 78.44, a P/E/G ratio of 2.95 and a beta of 0.39. Constellation Software has a one year low of C$2,196.00 and a one year high of C$5,060.70.

Constellation Software (TSE:CSU) last announced its quarterly earnings results on Tuesday, May 12th. The company reported C$24.08 EPS for the quarter. The business 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, analysts expect that Constellation Software will post 55.4616354 earnings per share for the current fiscal year.

Constellation Software Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $4.00 dividend on an annualized basis and a yield of 0.1%. Constellation Software’s payout ratio is currently 11.41%.

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.