Constellation Software Inc. (TSE:CSU) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the seven research firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is C$4,800.00.

A number of equities research analysts recently commented on CSU shares. TD Securities upped their price target on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. CIBC upped their price objective on shares of Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an "outperform" rating in a research note on Wednesday, August 28th. UBS Group upgraded shares of Constellation Software to a "strong-buy" rating in a report on Thursday. BMO Capital Markets boosted their price target on Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th. Finally, National Bankshares increased their target price on Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th.

Constellation Software Trading Down 1.2 %

CSU traded down C$56.65 on Friday, hitting C$4,587.90. 22,500 shares of the company were exchanged, compared to its average volume of 29,693. 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 12 month low of C$3,148.70 and a 12 month high of C$4,669.84. The firm has a fifty day simple moving average of C$4,379.86 and a two-hundred day simple moving average of C$4,148.93. The stock has a market capitalization of C$97.22 billion, a PE ratio of 108.38, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be issued a $1.353 dividend. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date is Friday, December 20th. Constellation Software's payout ratio is 12.95%.

About Constellation Software

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.