National Bankshares Boosts Constellation Software (TSE:CSU) Price Target to C$5,000.00

Constellation Software (TSE:CSU) had its price objective boosted by National Bankshares from C$4,800.00 to C$5,000.00 in a research note issued to investors on Thursday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

CSU has been the subject of a number of other research reports. CIBC lifted their target price on shares of Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Raymond James lifted their price objective on Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a “market perform” rating in a research report on Monday, August 12th. Finally, Royal Bank of Canada increased their target price 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$4,541.67.

Constellation Software Stock Performance

Shares of TSE:CSU opened at C$4,281.75 on Thursday. The stock has a market capitalization of C$90.73 billion, a price-to-earnings ratio of 101.15, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The business’s fifty day moving average price is C$4,330.03 and its two-hundred day moving average price is C$4,043.20. Constellation Software has a fifty-two week low of C$2,665.01 and a fifty-two week 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.

Constellation Software (TSE:CSU) last announced its earnings results on Friday, August 9th. The company reported C$31.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of C$3.38 billion during the quarter, compared to analysts’ expectations of C$3.40 billion. As a group, analysts predict that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Constellation Software Increases Dividend

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