Constellation Software (TSE:CSU) Hits New 52-Week High - Still a Buy?

Constellation Software Inc. (TSE:CSU - Get Free Report)'s stock price hit a new 52-week high during trading on Friday . The stock traded as high as C$4,442.39 and last traded at C$4,439.97, with a volume of 3859 shares trading hands. The stock had previously closed at C$4,431.07.

Analyst Ratings Changes

CSU has been the subject of several recent analyst reports. Raymond James upped their price objective on shares of Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a "market perform" rating in a research note on Monday, August 12th. Royal Bank of Canada boosted their price target on shares of Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an "outperform" rating in a research report on Monday, July 22nd. Finally, 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. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of C$4,275.00.

Constellation Software Trading Down 0.0 %

The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55. The company has a market cap of C$93.89 billion, a P/E ratio of 104.68, a P/E/G ratio of 2.95 and a beta of 0.81. The stock's 50-day moving average is C$4,309.84 and its two-hundred day moving average is C$4,017.46.

Constellation Software (TSE:CSU - Get Free Report) last released its quarterly earnings results on Friday, August 9th. The company reported C$31.00 earnings per share for the quarter, topping the consensus estimate of C$29.71 by C$1.29. Constellation Software had a net margin of 7.00% and a return on equity of 15.93%. The business had revenue of C$3.38 billion for the quarter, compared to the consensus estimate of C$3.40 billion. As a group, equities research analysts predict that Constellation Software Inc. will post 55.4616354 earnings per share for the current fiscal year.

Constellation Software Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were given a dividend of $1.381 per share. This represents a $5.52 annualized dividend and a dividend yield of 0.12%. This is an increase from Constellation Software's previous quarterly dividend of $1.38. The ex-dividend date of this dividend was Friday, September 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.