Constellation Software Inc. (TSE:CSU - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as C$4,985.00 and last traded at C$4,985.80, with a volume of 22215 shares trading hands. The stock had previously closed at C$4,867.66.
Wall Street Analyst Weigh In
CSU has been the topic of a number of recent research reports. Raymond James lifted their price target on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. TD Securities lifted their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. BMO Capital Markets increased their price target on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. CIBC lifted their price objective on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an "outperform" rating in a report on Monday, December 9th. Finally, UBS Group upgraded Constellation Software to a "strong-buy" rating in a research note on Thursday, November 21st. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of C$4,875.00.
Check Out Our Latest Stock Report on Constellation Software
Constellation Software Stock Up 0.8 %
The stock has a market capitalization of C$74.78 billion, a P/E ratio of 117.57, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. The firm's fifty day moving average is C$4,681.03 and its 200-day moving average is C$4,517.17.
Constellation Software Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were paid a $1.353 dividend. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.11%. The ex-dividend date of this dividend was Friday, December 20th. Constellation Software's dividend payout ratio (DPR) is currently 13.02%.
Constellation Software Company Profile
(
Get Free Report)
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.
See Also
Before you consider Constellation Software, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Constellation Software wasn't on the list.
While Constellation Software currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
