Constellation Software (CSU) to Release Earnings on Friday

Constellation Software (TSE:CSU - Get Free Report) will be announcing its earnings results after the market closes on Friday, November 8th. Analysts expect the company to announce earnings of C$27.98 per share for the quarter.

Constellation Software (TSE:CSU - Get Free Report) last released its 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 return on equity of 15.93% and a net margin of 7.00%. The firm had revenue of C$3.38 billion during the quarter, compared to analysts' expectations of C$3.40 billion.

Constellation Software Price Performance

TSE CSU traded up C$58.86 on Friday, hitting C$4,257.90. 19,954 shares of the company's stock were exchanged, compared to its average volume of 30,054. The stock has a 50-day moving average of C$4,333.91 and a 200-day moving average of C$4,061.46. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. Constellation Software has a 52 week low of C$2,820.00 and a 52 week high of C$4,476.50. The stock has a market cap of C$90.22 billion, a price-to-earnings ratio of 99.20, a P/E/G ratio of 2.95 and a beta of 0.81.

Constellation Software Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were paid a $1.381 dividend. This represents a $5.52 dividend on an annualized basis and a dividend yield of 0.13%. This is a boost from Constellation Software's previous quarterly dividend of $1.38. The ex-dividend date was Friday, September 20th. Constellation Software's dividend payout ratio is presently 12.95%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on CSU shares. Royal Bank of Canada increased 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 research note on Monday, July 22nd. National Bankshares increased their price target on 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. 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 note on Monday, August 12th. Finally, CIBC increased their price objective on Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an "outperform" rating in a report on Wednesday, August 28th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Constellation Software has a consensus rating of "Moderate Buy" and a consensus target price of C$4,541.67.

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.