Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$4,987.45 and last traded at C$4,984.87, with a volume of 6216 shares trading hands. The stock had previously closed at C$4,877.00.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on CSU. CIBC raised their price target 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. National Bankshares lifted their target price on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. BMO Capital Markets upped their price target on Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. Raymond James increased their price target on Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. Finally, UBS Group raised shares of Constellation Software to a "strong-buy" rating in a research note on Thursday, November 21st. Two research 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. According to MarketBeat.com, Constellation Software currently has a consensus rating of "Moderate Buy" and an average target price of C$4,875.00.
Read Our Latest Report on CSU
Constellation Software Price Performance
The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. The firm has a market capitalization of C$74.57 billion, a PE ratio of 117.26, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a 50-day moving average price of C$4,580.74 and a 200-day moving average price of C$4,434.85.
Constellation Software Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a $1.353 dividend. The ex-dividend date was Friday, December 20th. This represents a $5.41 annualized dividend and a yield of 0.11%. Constellation Software's payout ratio is currently 13.02%.
Constellation Software Company Profile
(
Get Free Report)
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.
Further Reading
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