Constellation Software Inc. (TSE:CSU - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4,722.60 and traded as high as C$4,940.45. Constellation Software shares last traded at C$4,904.26, with a volume of 21,750 shares traded.
Wall Street Analyst Weigh In
CSU has been the topic of a number of analyst reports. CIBC upped their price target on Constellation Software from C$5,300.00 to C$5,450.00 in a research report on Monday, March 10th. BMO Capital Markets upped their price target on Constellation Software from C$5,500.00 to C$5,700.00 in a research report on Thursday, May 22nd. Royal Bank of Canada set a C$5.70 price target on Constellation Software and gave the company an "outperform" rating in a research report on Friday, March 21st. Raymond James upped their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. Finally, 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 research 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 given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of C$4,693.67.
View Our Latest Report on CSU
Constellation Software Trading Down 1.9%
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 firm has a 50-day moving average of C$4,865.35 and a 200 day moving average of C$4,725.85. The company has a market cap of C$72.99 billion, a P/E ratio of 114.76, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81.
Constellation Software Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, July 11th will be given a dividend of $1.00 per share. The ex-dividend date is Friday, June 20th. This represents a $4.00 annualized dividend and a dividend yield of 0.08%. Constellation Software's payout ratio is 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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