Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 traded.
Analysts Set New Price Targets
A number of research firms have commented on CSU. 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 report 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 report on Thursday, May 22nd. CIBC boosted their target price on shares of Constellation Software from C$5,300.00 to C$5,450.00 in a research report on Monday, March 10th. TD Securities boosted their target price on shares of Constellation Software from C$5,500.00 to C$5,600.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. Finally, Jefferies Financial Group boosted their target price on shares of 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. One analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$4,693.67.
View Our Latest Stock Report on CSU
Constellation Software Stock Performance
The stock's 50-day moving average price is C$4,927.80 and its 200-day moving average price is C$4,739.89. The company has a market cap of C$75.31 billion, a P/E ratio of 118.42, a PEG ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55.
Constellation Software Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, July 11th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.08%. The ex-dividend date is Friday, June 20th. Constellation Software's dividend payout ratio (DPR) is presently 13.02%.
About Constellation Software
(
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.
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