Constellation Software (TSE:CSU) Stock Passes Above 200 Day Moving Average - Time to Sell?

Constellation Software Inc. (TSE:CSU - Get Free Report) passed 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 changing hands.

Analyst Upgrades and Downgrades

CSU has been the subject of several recent analyst reports. CIBC raised their price objective on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. Raymond James raised their price objective on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. National Bankshares raised their price objective on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. TD Securities raised their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. Finally, UBS Group upgraded shares of Constellation Software to a "strong-buy" rating in a research report on Thursday, November 21st. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Constellation Software has a consensus rating of "Moderate Buy" and an average target price of C$4,875.00.

Constellation Software Stock Up 0.2 %

The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The firm's 50-day moving average is C$4,531.38 and its 200 day moving average is C$4,380.14. The firm has a market capitalization of C$100.12 billion, a PE ratio of 111.62, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81.

Constellation Software (TSE:CSU - Get Free Report) last posted its quarterly earnings data on Friday, November 8th. The company reported C$27.69 EPS for the quarter, missing analysts' consensus estimates of C$27.98 by C($0.29). Constellation Software had a net margin of 7.00% and a return on equity of 15.93%. During the same quarter last year, the company posted $29.83 EPS. As a group, research analysts forecast that Constellation Software Inc. will post 55.4616354 earnings per share for the current fiscal year.

Constellation Software Cuts Dividend

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