Brokerages Set Constellation Software Inc. (TSE:CSU) Target Price at C$4,541.67

Shares of Constellation Software Inc. (TSE:CSU) have received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$4,625.00.

CSU has been the subject of a number of analyst reports. CIBC upped their price target on Constellation Software from C$4,100.00 to C$4,850.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. BMO Capital Markets increased their target price on Constellation Software from C$4,550.00 to C$4,800.00 in a report on Monday. National Bankshares increased their target price on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Raymond James increased their target price on Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a “market perform” rating in a report on Monday, August 12th. Finally, Royal Bank of Canada increased their target price on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a report on Monday, July 22nd.

Constellation Software Stock Performance

TSE CSU opened at C$4,251.02 on Wednesday. The stock has a market capitalization of C$90.08 billion, a price-to-earnings ratio of 100.43, a PEG ratio of 2.95 and a beta of 0.81. Constellation Software has a twelve month low of C$2,820.00 and a twelve month high of C$4,476.50. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. The stock has a 50-day moving average of C$4,330.94 and a 200 day moving average of C$4,079.65.

Constellation Software (TSE:CSU) last released its quarterly earnings results 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 company had revenue of C$3.38 billion during the quarter, compared to analysts’ expectations of C$3.40 billion. Constellation Software had a return on equity of 15.93% and a net margin of 7.00%. Sell-side analysts anticipate that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Constellation Software Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were given a $1.381 dividend. This represents a $5.52 annualized dividend and a yield of 0.13%. This is a positive change 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%.

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.