Constellation Software Inc. (TSE:CSU) Given Average Recommendation of “Moderate Buy” by Brokerages

Constellation Software Inc. (TSE:CSU) has received an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is C$4,481.14.

Several research firms have issued reports on CSU. Raymond James Financial decreased their price target on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a research report on Monday, November 10th. National Bank Financial lowered their target price on shares of Constellation Software from C$4,500.00 to C$3,200.00 and set a “sector perform” rating on the stock in a report on Thursday, January 22nd. Desjardins upgraded Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Canadian Imperial Bank of Commerce dropped their price objective on Constellation Software from C$5,260.00 to C$4,668.00 in a report on Friday, January 16th. Finally, Jefferies Financial Group cut their price target on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a research report on Monday, November 10th.

Constellation Software Price Performance

Shares of TSE:CSU opened at C$2,356.67 on Tuesday. The business has a 50 day moving average price of C$2,955.94 and a 200 day moving average price of C$3,606.59. The company has a market cap of C$49.94 billion, a price-to-earnings ratio of 72.74, a PEG ratio of 2.95 and a beta of 0.10. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. Constellation Software has a twelve month low of C$2,196.00 and a twelve month high of C$5,300.00.

Constellation Software Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Monday, January 12th were given a $1.00 dividend. The ex-dividend date was Friday, December 19th. This represents a $4.00 annualized dividend and a dividend yield of 0.2%. Constellation Software’s payout ratio is currently 12.35%.

About Constellation Software

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.