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

Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) have been given an average rating of "Moderate Buy" by the seven analysts that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is C$4,334.28.

CSU has been the topic of a number of research analyst reports. Raymond James raised their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a report on Monday, March 10th. CIBC raised their target price on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday, March 10th. Royal Bank of Canada set a C$5.70 price target on shares of Constellation Software and gave the stock an "outperform" rating in a research note on Friday, March 21st. Finally, BMO Capital Markets increased their price objective on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday, March 10th.

Constellation Software Stock Performance

Shares of TSE CSU traded up C$47.02 during mid-day trading on Friday, hitting C$4,650.18. The company had a trading volume of 8,850 shares, compared to its average volume of 35,816. The stock has a market cap of C$70.27 billion, a price-to-earnings ratio of 110.49, a PEG ratio of 2.95 and a beta of 0.81. The firm's 50 day simple moving average is C$4,783.68 and its two-hundred day simple moving average is C$4,563.40. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. Constellation Software has a 12 month low of C$3,535.00 and a 12 month high of C$5,040.00.

Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $4.00 annualized dividend and a yield of 0.09%. Constellation Software's dividend payout ratio (DPR) is presently 13.02%.

About Constellation Software

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.