Constellation Software (TSE:CSU) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Constellation Software Inc. (TSE:CSU - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4,375.76 and traded as high as C$4,746.92. Constellation Software shares last traded at C$4,716.82, with a volume of 40,864 shares.

Wall Street Analysts Forecast Growth

CSU has been the subject of a number of research reports. CIBC increased their price target on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. UBS Group raised Constellation Software to a "strong-buy" rating in a research note on Thursday, November 21st. BMO Capital Markets upped their price objective on Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. Raymond James lifted their target price on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. Finally, National Bankshares boosted their target price on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Two investment 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's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of C$4,875.00.

Constellation Software Stock Performance

The stock has a 50 day moving average of C$4,542.19 and a 200 day moving average of C$4,389.64. The company has a market capitalization of C$100.72 billion, a price-to-earnings ratio of 112.28, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 151.81.

Constellation Software (TSE:CSU - Get Free Report) last issued its quarterly earnings results on Friday, November 8th. The company reported C$27.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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. As a group, analysts predict that Constellation Software Inc. will post 55.4616354 EPS for the current year.

Constellation Software Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were given a $1.353 dividend. This represents a $5.41 annualized dividend and a dividend yield of 0.11%. The ex-dividend date was Friday, December 20th. Constellation Software's dividend payout ratio (DPR) is presently 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.