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

Constellation Software Inc. (TSE:CSU - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4,355.89 and traded as high as C$4,442.75. Constellation Software shares last traded at C$4,361.61, with a volume of 6,254 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. TD Securities raised their price objective on Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. UBS Group upgraded shares of Constellation Software to a "strong-buy" rating in a research note on Thursday, November 21st. National Bankshares increased their price objective on shares of 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 lifted their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. Finally, CIBC upped their target price on shares of 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. 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. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$4,875.00.

Constellation Software Trading Up 1.3 %

The firm has a market cap of C$95.36 billion, a P/E ratio of 106.31, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. The company's fifty day moving average price is C$4,519.39 and its two-hundred day moving average price is C$4,360.98.

Constellation Software (TSE:CSU - Get Free Report) last issued its quarterly earnings data on Friday, November 8th. The company reported C$27.69 earnings per share 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 in the prior year, the firm earned $29.83 EPS. As a group, sell-side analysts predict that Constellation Software Inc. will post 55.4616354 EPS for the current fiscal year.

Constellation Software Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were given a $1.353 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $5.41 annualized dividend and a yield of 0.12%. Constellation Software's payout ratio is 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.

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