TSE:CSU FY2024 EPS Cut by National Bank Financial

Constellation Software Inc. (TSE:CSU - Free Report) - Stock analysts at National Bank Financial reduced their FY2024 earnings estimates for Constellation Software in a research note issued on Sunday, November 10th. National Bank Financial analyst R. Tse now expects that the company will post earnings per share of $109.95 for the year, down from their previous estimate of $110.61. The consensus estimate for Constellation Software's current full-year earnings is $55.46 per share. National Bank Financial also issued estimates for Constellation Software's FY2025 earnings at $132.61 EPS.

CSU has been the topic of several other reports. CIBC boosted their target price on Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an "outperform" rating in a research note on Wednesday, August 28th. BMO Capital Markets boosted their price objective on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday. Raymond James upped their price objective on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday. TD Securities lifted their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday. Finally, National Bankshares lifted their price objective on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$4,800.00.

Constellation Software Trading Up 1.9 %

CSU traded up C$83.08 during midday trading on Wednesday, reaching C$4,572.98. 26,779 shares of the company's stock traded hands, compared to its average volume of 29,829. Constellation Software has a 52 week low of C$3,050.30 and a 52 week high of C$4,600.00. 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 firm has a fifty day moving average of C$4,339.46 and a two-hundred day moving average of C$4,105.32. The stock has a market capitalization of C$96.90 billion, a price-to-earnings ratio of 106.07, a P/E/G ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

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