Constellation Software Inc. (TSE:CSU - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4,691.22 and traded as high as C$4,869.00. Constellation Software shares last traded at C$4,858.80, with a volume of 16,031 shares changing hands.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the stock. CIBC lifted their target price on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a report on Monday, March 10th. Jefferies Financial Group upped their price target on Constellation Software from C$5,350.00 to C$5,850.00 and gave the company a "buy" rating in a report on Thursday, May 22nd. Royal Bank of Canada set a C$5.70 target price on Constellation Software and gave the stock an "outperform" rating in a research report on Friday, March 21st. TD Securities lifted their price target on shares of Constellation Software from C$5,500.00 to C$5,600.00 and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Finally, BMO Capital Markets boosted 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. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Constellation Software has an average rating of "Buy" and a consensus price target of C$4,693.67.
View Our Latest Analysis on CSU
Constellation Software Trading Down 0.0%
The firm has a market capitalization of C$73.99 billion, a P/E ratio of 116.34, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. The stock has a 50 day simple moving average of C$4,785.00 and a 200-day simple moving average of C$4,697.41.
Constellation Software Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a $1.00 dividend. The ex-dividend date of this dividend was Friday, March 28th. This represents a $4.00 annualized dividend and a yield of 0.08%. Constellation Software's payout ratio is presently 13.02%.
About Constellation Software
(
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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.
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