Constellation Software Inc. (TSE:CSU) Receives C$3,823.50 Consensus Target Price from Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have earned an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is C$3,823.50.

Several brokerages have recently issued reports on CSU. TD Securities boosted their price objective on Constellation Software from C$4,000.00 to C$4,100.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. UBS Group reduced their price objective on Constellation Software from C$4,500.00 to C$4,250.00 in a research report on Tuesday, March 31st. Royal Bank Of Canada reduced their price objective on Constellation Software from C$4,800.00 to C$4,500.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Canadian Imperial Bank of Commerce reduced their price objective on Constellation Software from C$4,080.00 to C$4,000.00 in a research report on Thursday, May 14th. Finally, BMO Capital Markets reduced their price objective on Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating for the company in a research report on Wednesday, May 13th.

Constellation Software Stock Up 3.9%

TSE:CSU opened at C$2,931.96 on Thursday. The firm has a market capitalization of C$62.13 billion, a PE ratio of 83.63, a price-to-earnings-growth ratio of 2.95 and a beta of 0.39. The stock has a 50 day moving average of C$2,533.61 and a 200-day moving average of C$2,796.72. Constellation Software has a 52 week low of C$2,196.00 and a 52 week high of C$5,060.70. The company has a current ratio of 0.91, a quick ratio of 0.55 and a debt-to-equity ratio of 143.18.

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

Constellation Software Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were given a dividend of $1.00 per share. The ex-dividend date was Friday, March 27th. This represents a $4.00 annualized dividend and a dividend yield of 0.1%. Constellation Software’s payout ratio is currently 11.41%.

Constellation Software Company Profile

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.