Constellation Software Inc. (TSE:CSU) Given Consensus Recommendation of “Moderate Buy” by Analysts

Constellation Software Inc. (TSE:CSU) has earned an average recommendation of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$4,008.33.

A number of analysts have weighed in on the stock. BMO Capital Markets increased their target price on shares of Constellation Software from C$4,150.00 to C$4,300.00 and gave the stock an “outperform” rating in a report on Monday, May 13th. Raymond James raised their target price on shares of Constellation Software from C$3,150.00 to C$3,800.00 and gave the stock a “market perform” rating in a report on Thursday, March 7th. TD Securities upped their target price on Constellation Software from C$4,050.00 to C$4,150.00 and gave the company a “hold” rating in a report on Tuesday, May 14th. Royal Bank of Canada raised their price target on Constellation Software from C$3,900.00 to C$4,300.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Finally, CIBC boosted their price objective on Constellation Software from C$3,800.00 to C$4,100.00 and gave the company an “outperform” rating in a research report on Thursday, March 7th.

Constellation Software Stock Up 1.8 %

Shares of TSE CSU opened at C$4,043.02 on Thursday. The company has a debt-to-equity ratio of 155.36, a quick ratio of 0.55 and a current ratio of 0.92. Constellation Software has a 1 year low of C$2,585.25 and a 1 year high of C$4,058.32. The stock’s 50-day simple moving average is C$3,761.64 and its 200-day simple moving average is C$3,667.87. The firm has a market cap of C$85.67 billion, a price-to-earnings ratio of 106.64, a PEG ratio of 1.04 and a beta of 0.80.

Constellation Software (TSE:CSU) last posted its quarterly earnings results on Friday, May 10th. The company reported C$37.21 earnings per share (EPS) for the quarter, beating the consensus estimate of C$23.21 by C$14.00. The firm had revenue of C$3.17 billion for the quarter, compared to analysts’ expectations of C$3.22 billion. Constellation Software had a net margin of 6.52% and a return on equity of 9.53%. As a group, equities analysts anticipate that Constellation Software will post 111.5047198 earnings per share for the current fiscal year.

Constellation Software Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 11th. Shareholders of record on Thursday, July 11th will be given a dividend of $1.378 per share. The ex-dividend date is Thursday, June 20th. This is a positive change from Constellation Software’s previous quarterly dividend of $1.36. This represents a $5.51 dividend on an annualized basis and a yield of 0.14%. Constellation Software’s dividend payout ratio (DPR) is presently 14.47%.

Insider Transactions at Constellation Software

In other Constellation Software news, Senior Officer John Edward Billowits sold 1,000 shares of Constellation Software stock in a transaction on Friday, June 21st. The shares were sold at an average price of C$3,768.39, for a total transaction of C$3,768,390.00. 5.70% of the stock is owned by insiders.

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.