Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$4,748.36 and traded as high as C$5,058.39. Constellation Software shares last traded at C$5,030.09, with a volume of 18,865 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. CIBC raised their price objective on Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday, March 10th. Raymond James Financial lifted their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a research report on Monday, March 10th. TD Securities lifted their price target on Constellation Software from C$5,500.00 to C$5,600.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. BMO Capital Markets lifted their price target on Constellation Software from C$5,500.00 to C$5,700.00 in a research report on Thursday, May 22nd. Finally, Jefferies Financial Group lifted their price target on Constellation Software from C$5,350.00 to C$5,850.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. One research 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 company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of C$4,693.67.
Read Our Latest Stock Report on CSU
Constellation Software Price Performance
The company has a market cap of C$75.63 billion, a price-to-earnings ratio of 118.92, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The company has a fifty day moving average price of C$4,951.86 and a two-hundred day moving average price of C$4,752.73. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83.
Constellation Software Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Friday, July 11th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.08%. The ex-dividend date is Friday, June 20th. Constellation Software's payout ratio 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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