Constellation Software Inc. (TSE:CSU - Free Report) - Stock analysts at Raymond James boosted their FY2024 earnings estimates for Constellation Software in a research note issued to investors on Sunday, November 10th. Raymond James analyst S. Li now expects that the company will earn $106.91 per share for the year, up from their prior estimate of $106.74. The consensus estimate for Constellation Software's current full-year earnings is $55.46 per share.
A number of other research analysts have also commented on the stock. CIBC boosted their price target on shares of Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an "outperform" rating in a research report on Wednesday, August 28th. TD Securities boosted their target price on Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday. Royal Bank of Canada raised their price target on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an "outperform" rating in a report on Monday, July 22nd. BMO Capital Markets lifted their price target on Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday. Finally, National Bankshares upped 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. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$4,800.00.
Check Out Our Latest Research Report on CSU
Constellation Software Price Performance
TSE:CSU traded up C$83.08 during mid-day trading on Wednesday, hitting C$4,572.98. 26,779 shares of the stock traded hands, compared to its average volume of 29,829. The business's 50-day moving average price is C$4,339.46 and its 200 day moving average price is C$4,105.32. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 151.81. The company has a market cap of C$96.90 billion, a PE ratio of 106.07, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. Constellation Software has a 12-month low of C$3,050.30 and a 12-month high of C$4,600.00.
Constellation Software Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 20th will be given a dividend of $1.353 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $5.41 annualized dividend and a dividend yield of 0.12%. Constellation Software's dividend payout ratio (DPR) is presently 12.95%.
Constellation Software Company Profile
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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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