Constellation Software Inc. (TSE:CSU) Receives Consensus Rating of “Moderate Buy” from Brokerages

Constellation Software Inc. (TSE:CSU) has been assigned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$3,823.50.

CSU has been the subject of several analyst reports. Royal Bank Of Canada reduced their target price on Constellation Software from C$4,800.00 to C$4,500.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. TD boosted their target price on Constellation Software from C$4,100.00 to C$4,200.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Canadian Imperial Bank of Commerce reduced their target price on Constellation Software from C$4,080.00 to C$4,000.00 in a report on Thursday, May 14th. National Bank Financial upgraded Constellation Software from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from C$3,400.00 to C$3,500.00 in a report on Wednesday, May 27th. Finally, UBS Group reduced their target price on Constellation Software from C$4,500.00 to C$4,250.00 in a report on Tuesday, March 31st.

Constellation Software Price Performance

Shares of CSU stock opened at C$2,772.61 on Monday. The stock’s 50 day simple moving average is C$2,668.38 and its 200 day simple moving average is C$2,756.32. Constellation Software has a twelve month low of C$2,196.00 and a twelve month high of C$5,060.70. The company has a debt-to-equity ratio of 143.18, a quick ratio of 0.55 and a current ratio of 0.91. The company has a market capitalization of C$58.76 billion, a price-to-earnings ratio of 79.08, a PEG ratio of 2.95 and a beta of 0.53.

Constellation Software (TSE:CSU) last posted its earnings results on Tuesday, May 12th. The company reported C$24.08 earnings per share for the quarter. Constellation Software had a return on equity of 20.79% and a net margin of 6.08%.The firm had revenue of C$4.42 billion during the quarter. As a group, research analysts predict that Constellation Software will post 55.4616354 EPS for the current year.

Constellation Software Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, March 27th. Constellation Software’s payout ratio is 11.41%.

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.