Constellation Software (CSU) Set to Announce Earnings on Friday

Constellation Software (TSE:CSU) will announce its earnings results after the market closes on Friday, November 8th. Analysts expect the company to announce earnings of C$27.98 per share for the quarter.

Constellation Software (TSE:CSU) last issued 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 return on equity of 15.93% and a net margin of 7.00%. The company had revenue of C$3.38 billion for the quarter, compared to analysts’ expectations of C$3.40 billion.

Constellation Software Price Performance

Shares of TSE CSU opened at C$4,251.02 on Wednesday. The stock has a market cap of C$90.08 billion, a price-to-earnings ratio of 100.43, a PEG ratio of 2.95 and a beta of 0.81. 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 fifty-two week low of C$2,820.00 and a fifty-two week high of C$4,476.50. The firm’s 50-day simple moving average is C$4,330.94 and its 200 day simple moving average is C$4,079.65.

Constellation Software Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were issued a dividend of $1.381 per share. This represents a $5.52 dividend on an annualized basis and a 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 payout ratio is currently 12.95%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. BMO Capital Markets increased their target price on shares of Constellation Software from C$4,550.00 to C$4,800.00 in a report on Monday. National Bankshares increased their price objective on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Royal Bank of Canada boosted 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 research note on Monday, July 22nd. CIBC increased their price target on Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a research report on Wednesday, August 28th. Finally, Raymond James boosted their price objective on Constellation Software from C$3,800.00 to C$4,250.00 and gave the stock a “market perform” rating in a research report on Monday, August 12th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$4,625.00.

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.