Brokerages Set Constellation Software Inc. (TSE:CSU) Target Price at C$4,128.75

Constellation Software Inc. (TSE:CSU) has received a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$4,128.75.

CSU has been the topic of several research reports. UBS Group decreased their price target on shares of Constellation Software from C$4,500.00 to C$4,250.00 in a report on Tuesday, March 31st. TD Securities increased their price objective on shares of Constellation Software from C$4,000.00 to C$4,100.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Canadian Imperial Bank of Commerce cut their target price on shares of Constellation Software from C$4,610.00 to C$4,080.00 in a research report on Friday, April 17th. BMO Capital Markets decreased their target price on shares of Constellation Software from C$4,600.00 to C$4,200.00 in a research note on Tuesday, March 10th. Finally, Raymond James Financial lowered their price target on shares of Constellation Software from C$4,300.00 to C$3,700.00 and set a “market perform” rating for the company in a report on Tuesday, March 10th.

Constellation Software Stock Performance

TSE:CSU opened at C$2,565.73 on Friday. The stock’s 50-day simple moving average is C$2,536.74 and its 200 day simple moving average is C$2,908.11. The firm has a market capitalization of C$54.37 billion, a PE ratio of 106.24, a price-to-earnings-growth ratio of 2.95 and a beta of 0.39. The company has a quick ratio of 0.55, a current ratio of 0.96 and a debt-to-equity ratio of 161.87. Constellation Software has a twelve month low of C$2,196.00 and a twelve month high of C$5,300.00.

Constellation Software (TSE:CSU) last issued its earnings results on Monday, March 9th. The company reported C$7.12 EPS for the quarter. The firm had revenue of C$4.19 billion during the quarter. Constellation Software had a return on equity of 15.35% and a net margin of 4.40%. On average, analysts anticipate that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Constellation Software Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors 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 dividend on an annualized basis and a yield of 0.2%. Constellation Software’s payout ratio is currently 16.56%.

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.