Constellation Software Inc. (TSE:CSU) Receives Average Rating of "Buy" from Analysts

Key Points

• Analyst Ratings: Constellation Software Inc. has received an average rating of "Buy" from seven research firms, with five analysts recommending a buy and one a strong buy.
• Stock Performance: The stock is currently trading at C$4,718.31, down 1.3%, with a 12-month price range between C$3,920.00 and C$5,300.00.
• Dividend Announcement: Constellation Software recently declared a quarterly dividend of $1.00, resulting in an annualized dividend yield of 0.1% and a payout ratio of 13.02%.

Constellation Software Inc. (TSE:CSU - Get Free Report) has been given an average rating of "Buy" by the seven research firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$4,693.67.

Several research analysts recently issued reports on CSU shares. Jefferies Financial Group raised their target price on shares of Constellation Software from C$5,350.00 to C$5,850.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. TD Securities lifted their price objective on shares of Constellation Software from C$5,500.00 to C$5,600.00 and gave the company a "buy" rating in a report on Thursday, May 22nd. Finally, BMO Capital Markets lifted their price objective on shares of Constellation Software from C$5,500.00 to C$5,700.00 in a report on Thursday, May 22nd.

Constellation Software Stock Down 1.3%

CSU traded down C$61.97 during trading on Friday, hitting C$4,718.31. The stock had a trading volume of 36,673 shares, compared to its average volume of 33,936. The company has a market capitalization of C$71.30 billion, a PE ratio of 112.11, a PEG ratio of 2.95 and a beta of 0.81. Constellation Software has a twelve month low of C$3,920.00 and a twelve month high of C$5,300.00. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The stock has a 50 day simple moving average of C$4,910.29 and a two-hundred day simple moving average of C$4,818.32.

Constellation Software Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Friday, July 11th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, June 20th. Constellation Software's dividend payout ratio (DPR) is 13.02%.

About Constellation Software

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.