Raymond James Has Negative Outlook of TSE:CSU Q4 Earnings

Constellation Software Inc. (TSE:CSU - Free Report) - Equities researchers at Raymond James decreased their Q4 2024 earnings per share estimates for shares of Constellation Software in a research note issued to investors on Sunday, November 10th. Raymond James analyst S. Li now expects that the company will post earnings of $33.48 per share for the quarter, down from their previous estimate of $34.13. The consensus estimate for Constellation Software's current full-year earnings is $55.46 per share. Raymond James also issued estimates for Constellation Software's FY2025 earnings at $134.69 EPS.

CSU has been the subject of a number of other reports. National Bankshares boosted their target price 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. TD Securities raised their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday. CIBC lifted their price objective on shares of Constellation Software from C$4,100.00 to C$4,850.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 28th. BMO Capital Markets upped their price objective on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday. Finally, Royal Bank of Canada upped their price objective on shares of Constellation Software from C$4,300.00 to C$4,700.00 and gave the stock an "outperform" rating in a report on Monday, July 22nd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$4,800.00.

Constellation Software Stock Up 0.1 %

TSE CSU traded up C$5.61 during mid-day trading on Tuesday, reaching C$4,460.00. The stock had a trading volume of 12,576 shares, compared to its average volume of 29,754. Constellation Software has a 1 year low of C$3,015.20 and a 1 year high of C$4,480.18. The stock has a market cap of C$94.51 billion, a PE ratio of 105.23, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The company has a fifty day moving average price of C$4,334.81 and a 200 day moving average price of C$4,099.30. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55.

Constellation Software (TSE:CSU - Get Free Report) last issued its quarterly earnings results on Friday, August 9th. The company reported C$31.00 EPS for the quarter, topping analysts' consensus estimates of C$29.71 by C$1.29. Constellation Software had a return on equity of 15.93% and a net margin of 7.00%. The firm had revenue of C$3.38 billion for the quarter, compared to analysts' expectations of C$3.40 billion.

Constellation Software Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be given a dividend of $1.353 per share. This represents a $5.41 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date is Friday, December 20th. Constellation Software's dividend payout ratio (DPR) is currently 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.