Constellation Software Inc. (TSE:CSU) Receives Consensus Rating of "Buy" from Brokerages

Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) have been given an average recommendation of "Buy" by the seven research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is C$4,693.67.

A number of equities research analysts recently commented on the stock. Royal Bank of Canada set a C$5.70 price target on shares of Constellation Software and gave the stock an "outperform" rating in a report on Friday, March 21st. BMO Capital Markets raised their target price on Constellation Software from C$5,500.00 to C$5,700.00 in a research report on Thursday. Raymond James upped their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. CIBC lifted their price objective on Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. Finally, Jefferies Financial Group boosted their price objective on Constellation Software from C$5,350.00 to C$5,850.00 and gave the company a "buy" rating in a research note on Thursday.

Constellation Software Stock Performance

CSU traded up C$22.54 during midday trading on Friday, reaching C$4,903.25. The company had a trading volume of 14,897 shares, compared to its average volume of 36,588. Constellation Software has a 12-month low of C$3,692.50 and a 12-month high of C$5,300.00. The business has a 50-day moving average price of C$4,759.49 and a two-hundred day moving average price of C$4,677.10. The stock has a market cap of C$74.10 billion, a PE ratio of 116.51, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93.

Constellation Software Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were issued a dividend of $1.00 per share. The ex-dividend date was Friday, March 28th. This represents a $4.00 dividend on an annualized basis and a yield of 0.08%. Constellation Software's dividend payout ratio (DPR) is 13.02%.

Constellation Software Company Profile

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.