Constellation Software (TSE:CSU) Given New C$4,800.00 Price Target at BMO Capital Markets

Constellation Software (TSE:CSU - Free Report) had its target price hoisted by BMO Capital Markets from C$4,550.00 to C$4,800.00 in a research report report published on Monday morning, BayStreet.CA reports.

A number of other analysts also recently commented on CSU. Royal Bank of Canada upped their target price on Constellation Software from C$4,300.00 to C$4,700.00 and gave the stock an "outperform" rating in a research note on Monday, July 22nd. National Bankshares upped their price objective on 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. CIBC raised 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. Finally, Raymond James increased their price target on shares of Constellation Software from C$3,800.00 to C$4,250.00 and gave the stock a "market perform" rating in a report on Monday, August 12th. 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$4,625.00.

Constellation Software Stock Performance

TSE:CSU traded up C$5.31 during midday trading on Monday, hitting C$4,263.21. The company's stock had a trading volume of 18,009 shares, compared to its average volume of 29,997. 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 has a fifty-two week low of C$2,820.00 and a fifty-two week high of C$4,476.50. The firm's 50 day moving average is C$4,331.75 and its 200-day moving average is C$4,075.49. The firm has a market cap of C$90.34 billion, a P/E ratio of 100.71, a P/E/G ratio of 2.95 and a beta of 0.81.

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

Constellation Software Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were given a dividend of $1.381 per share. The ex-dividend date was Friday, September 20th. This is a boost from Constellation Software's previous quarterly dividend of $1.38. This represents a $5.52 dividend on an annualized basis and a yield of 0.13%. Constellation Software's dividend payout ratio is currently 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.