Analysts Set Constellation Software Inc. (TSE:CSU) Price Target at C$5,521.43

Key Points

• Constellation Software Inc. has received a consensus recommendation of "Buy" from six brokerages, with five analysts issuing buy ratings and one a strong buy rating.
• The average 12-month price objective for Constellation Software is C$5,521.43, with price targets being adjusted recently by various analysts.
• The company recently declared a quarterly dividend of $1.00 per share, reflecting an annualized dividend of $4.00 and a dividend yield of 0.1%.

Constellation Software Inc. (TSE:CSU - Get Free Report) has received an average recommendation of "Buy" from the six research firms that are currently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$5,521.43.

Several research firms have recently weighed in on CSU. Jefferies Financial Group increased 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 report on Thursday, May 22nd. BMO Capital Markets decreased their price objective on Constellation Software from C$5,700.00 to C$5,400.00 in a report on Monday, August 11th. TD Securities raised their target price on shares of Constellation Software from C$5,600.00 to C$5,700.00 and gave the company a "buy" rating in a research note on Monday, August 11th. Finally, Royal Bank Of Canada increased their target price on shares of Constellation Software from C$5,700.00 to C$6,000.00 and gave the stock an "outperform" rating in a research report on Monday, August 11th.

Constellation Software Stock Up 0.5%

TSE:CSU traded up C$22.92 during trading hours on Tuesday, hitting C$4,421.93. 30,642 shares of the stock traded hands, compared to its average volume of 35,362. The firm has a 50 day moving average price of C$4,767.98 and a 200 day moving average price of C$4,799.89. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. Constellation Software has a fifty-two week low of C$4,092.69 and a fifty-two week high of C$5,300.00. The firm has a market cap of C$66.82 billion, a price-to-earnings ratio of 105.07, a PEG ratio of 2.95 and a beta of 0.81.

Constellation Software Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 11th were paid a dividend of $1.00 per share. The ex-dividend date was Friday, June 20th. This represents a $4.00 annualized dividend and a yield of 0.1%. 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.