Constellation Software - CSU Stock Forecast, Price & News

Constellation Software Inc., together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, the United Kingdom, and rest of Europe. Its industry specific software businesses provide specialized and mission-critical software solutions. The company serves public and private sector markets. Constellation Software Inc. was incorporated in 1995 and is headquartered in Toronto, Canada.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Royal Bank of Canada decreased their target price on Constellation Software from C$2,700.00 to C$2,600.00 and set an "outperform" rating for the company in a research report on Friday, August 5th. BMO Capital Markets lifted their target price on Constellation Software from C$2,400.00 to C$2,450.00 in a research report on Friday, August 5th. Raymond James set a C$2,400.00 target price on Constellation Software and gave the stock a "market perform" rating in a research report on Thursday, May 5th. Finally, CIBC decreased their target price on Constellation Software from C$2,900.00 to C$2,450.00 and set an "outperform" rating for the company in a research report on Friday, May 6th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$2,458.33.

Constellation Software Stock Down 1.3 %

CSU traded down C$27.53 on Tuesday, hitting C$2,161.95. The company had a trading volume of 1,151 shares, compared to its average volume of 35,066. The stock has a fifty day moving average price of C$1,986.43 and a 200-day moving average price of C$2,051.47. Constellation Software has a 12-month low of C$1,793.93 and a 12-month high of C$2,385.80. The company has a debt-to-equity ratio of 131.62, a quick ratio of 0.56 and a current ratio of 0.64. The stock has a market capitalization of C$45.82 billion and a price-to-earnings ratio of 79.82.

Constellation Software (TSE:CSU - Get Rating) last posted its earnings results on Thursday, August 4th. The company reported C$15.80 earnings per share (EPS) for the quarter, missing the consensus estimate of C$16.61 by C($0.81). The business had revenue of C$2.07 billion during the quarter, compared to the consensus estimate of C$1.99 billion. Analysts predict that Constellation Software will post 78.4499945 EPS for the current fiscal year.

Constellation Software Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 11th. Shareholders of record on Tuesday, September 20th will be issued a $1.28 dividend. This represents a $5.12 annualized dividend and a yield of 0.24%. The ex-dividend date of this dividend is Monday, September 19th. Constellation Software's dividend payout ratio is presently 14.58%.