Constellation Software (TSE:CSU) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Constellation Software Inc. (TSE:CSU) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4,256.59 and traded as high as C$4,683.70. Constellation Software shares last traded at C$4,621.89, with a volume of 18,985 shares.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Raymond James lifted their price target on Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. BMO Capital Markets upped their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. CIBC boosted their price objective on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. TD Securities increased their price objective on Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. Finally, National Bankshares boosted their target price 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. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$4,875.00.

Constellation Software Stock Down 0.8 %

The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The company has a market cap of C$97.94 billion, a P/E ratio of 109.19, a PEG ratio of 2.95 and a beta of 0.81. The firm’s 50-day simple moving average is C$4,484.56 and its 200 day simple moving average is C$4,256.59.

Constellation Software Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, January 10th will be paid a $1.353 dividend. This represents a $5.41 annualized dividend and a yield of 0.12%. The ex-dividend date of this dividend is Friday, December 20th. Constellation Software’s payout ratio is 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.