Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$4,734.89 and traded as high as C$4,991.99. Constellation Software shares last traded at C$4,909.13, with a volume of 43,125 shares.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on CSU. TD Securities raised 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. CIBC lifted their price objective on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday, March 10th. BMO Capital Markets lifted their price objective on shares of Constellation Software from C$5,500.00 to C$5,700.00 in a research note on Thursday, May 22nd. Raymond James Financial lifted their price objective on shares of Constellation Software from C$4,550.00 to C$5,250.00 in a research note on Monday, March 10th. Finally, Royal Bank Of Canada set a C$5.70 price objective on shares of Constellation Software and gave the company an "outperform" rating in a research note on Friday, March 21st. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Constellation Software has a consensus rating of "Buy" and a consensus target price of C$4,693.67.
Read Our Latest Stock Analysis on CSU
Constellation Software Price Performance
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 company has a market capitalization of C$74.19 billion, a P/E ratio of 116.64, a P/E/G ratio of 2.95 and a beta of 0.81. The business's fifty day moving average price is C$4,916.89 and its 200-day moving average price is C$4,734.89.
Constellation Software Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Friday, July 11th will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 0.08%. The ex-dividend date of this dividend is Friday, June 20th. Constellation Software's dividend payout ratio is presently 13.02%.
Constellation Software Company Profile
(
Get Free Report)
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.
Further Reading
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