Constellation Software (TSE:CSU) Hits New 1-Year High - Should You Buy?

Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as C$4,916.38 and last traded at C$4,902.64, with a volume of 31499 shares. The stock had previously closed at C$4,800.00.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CSU shares. National Bankshares raised their price target on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. BMO Capital Markets raised their target price on Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th. TD Securities upped their price target on Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. UBS Group raised Constellation Software to a "strong-buy" rating in a report on Thursday, November 21st. Finally, CIBC boosted their target price on Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an "outperform" rating in a report on Monday, December 9th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$4,875.00.

Constellation Software Stock Performance

The stock has a market cap of C$104.01 billion, a P/E ratio of 115.96, a P/E/G ratio of 2.95 and a beta of 0.81. The firm has a 50 day moving average of C$4,560.60 and a two-hundred day moving average of C$4,413.94. 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 (TSE:CSU - Get Free Report) last announced its quarterly earnings data on Friday, November 8th. The company reported C$27.69 earnings per share (EPS) for the quarter, missing the consensus estimate of C$27.98 by C($0.29). Constellation Software had a return on equity of 15.93% and a net margin of 7.00%. During the same quarter last year, the company posted $29.83 earnings per share. On average, research analysts predict that Constellation Software Inc. will post 55.4616354 EPS for the current fiscal year.

Constellation Software Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were issued a dividend of $1.353 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $5.41 annualized dividend and a dividend yield of 0.11%. Constellation Software's payout ratio is 12.95%.

Constellation Software Company Profile

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.