Constellation Software Inc. (TSE:CSU) Receives Average Rating of "Moderate Buy" from Analysts

Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) have been given a consensus rating of "Moderate Buy" by the six brokerages that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$4,275.00.

CSU has been the topic of a number of research analyst reports. Royal Bank of Canada lifted 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 report on Monday, July 22nd. Raymond James increased their price target on Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a "market perform" rating in a research report on Monday, August 12th. Finally, CIBC increased their price target on 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.

Constellation Software Stock Performance

Shares of CSU traded up C$38.71 during trading hours on Friday, reaching C$4,353.81. 18,500 shares of the company's stock traded hands, compared to its average volume of 30,470. The firm has a market capitalization of C$92.26 billion, a price-to-earnings ratio of 105.37, a P/E/G ratio of 1.04 and a beta of 0.81. 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 twelve month low of C$2,665.01 and a twelve month high of C$4,476.50. The business's fifty day simple moving average is C$4,260.51 and its two-hundred day simple moving average is C$3,973.72.

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, beating analysts' consensus estimates of C$29.71 by C$1.29. The company had revenue of C$3.38 billion for the quarter, compared to analyst estimates of C$3.40 billion. Constellation Software had a return on equity of 15.93% and a net margin of 7.00%. Analysts predict that Constellation Software will post 133.9698183 earnings per share for the current year.

Constellation Software Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th will be paid a dividend of $1.381 per share. The ex-dividend date is Friday, September 20th. This is an increase from Constellation Software's previous quarterly dividend of $1.38. This represents a $5.52 dividend on an annualized basis and a dividend yield of 0.13%. Constellation Software's dividend payout ratio (DPR) is 13.14%.

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.