Constellation Software (TSE:CSU) Price Target Raised to C$4,800.00

Constellation Software (TSE:CSU) had its price target lifted by BMO Capital Markets from C$4,550.00 to C$4,800.00 in a research report report published on Monday, BayStreet.CA reports.

Several other research analysts have also issued reports on the company. CIBC increased their price target on Constellation Software from C$4,100.00 to C$4,850.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. National Bankshares increased their price target on Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Royal Bank of Canada increased their price target on Constellation Software from C$4,300.00 to C$4,700.00 and gave the stock an “outperform” rating in a report on Monday, July 22nd. Finally, Raymond James raised their target price on Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a “market perform” rating in a report on Monday, August 12th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$4,625.00.

Constellation Software Stock Up 2.2 %

Shares of Constellation Software stock opened at C$4,345.00 on Monday. Constellation Software has a one year low of C$2,832.02 and a one year high of C$4,476.50. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55. The stock’s 50-day moving average is C$4,332.54 and its 200 day moving average is C$4,081.50. The firm has a market cap of C$92.07 billion, a price-to-earnings ratio of 102.65, a PEG ratio of 2.95 and a beta of 0.81.

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

Constellation Software Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were given a dividend of $1.381 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 0.13%. This is an increase from Constellation Software’s previous quarterly dividend of $1.38. The ex-dividend date was Friday, September 20th. Constellation Software’s dividend payout ratio (DPR) is presently 12.95%.

About Constellation Software

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.