Constellation Software Inc. (TSE:CSU - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4,787.90 and traded as high as C$4,914.60. Constellation Software shares last traded at C$4,850.24, with a volume of 27,436 shares changing hands.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on CSU. 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. Jefferies Financial Group raised their price objective on shares of Constellation Software from C$5,350.00 to C$5,850.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. Finally, BMO Capital Markets boosted their target price on shares of Constellation Software from C$5,500.00 to C$5,700.00 in a research report on Thursday, May 22nd. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Constellation Software currently has a consensus rating of "Buy" and a consensus price target of C$4,693.67.
Check Out Our Latest Analysis on Constellation Software
Constellation Software Price Performance
The stock has a market capitalization of C$73.90 billion, a P/E ratio of 116.20, a PEG ratio of 2.95 and a beta of 0.81. The company has a 50 day moving average of C$4,923.80 and a 200-day moving average of C$4,803.84. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83.
Constellation Software Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 11th were issued a dividend of $1.00 per share. The ex-dividend date was Friday, June 20th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.08%. Constellation Software's dividend payout ratio (DPR) is 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.
Further Reading
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