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

Shares of Constellation Software Inc. (TSE:CSU) have received an average rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$4,541.67.

Several research firms recently weighed in on CSU. Raymond James boosted their target price on Constellation Software from C$3,800.00 to C$4,250.00 and gave the stock a “market perform” rating in a report on Monday, August 12th. Royal Bank of Canada upped their price target on shares of Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a report on Monday, July 22nd. National Bankshares boosted their price objective on Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, CIBC raised their target price on Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a report on Wednesday, August 28th.

Constellation Software Trading Up 1.3 %

TSE:CSU opened at C$4,362.79 on Wednesday. The company has a market capitalization of C$92.45 billion, a P/E ratio of 103.07, a P/E/G ratio of 2.95 and a beta of 0.81. The stock’s 50 day moving average price is C$4,334.53 and its 200 day moving average price is C$4,058.59. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. Constellation Software has a 52 week low of C$2,665.01 and a 52 week high of C$4,476.50.

Constellation Software (TSE:CSU) last announced its quarterly earnings results on Friday, August 9th. The company reported C$31.00 EPS for the quarter, topping the consensus estimate of C$29.71 by C$1.29. Constellation Software had a net margin of 7.00% and a return on equity of 15.93%. The company had revenue of C$3.38 billion for the quarter, compared to analyst estimates of C$3.40 billion. On average, research analysts forecast that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Constellation Software Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were given a dividend of $1.381 per share. The ex-dividend date was Friday, September 20th. This is a boost from Constellation Software’s previous quarterly dividend of $1.38. This represents a $5.52 dividend on an annualized basis and a dividend yield of 0.13%. Constellation Software’s payout ratio is currently 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.