Constellation Software (TSE:CSU) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Constellation Software Inc. (TSE:CSU)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$4,355.89 and traded as high as C$4,442.75. Constellation Software shares last traded at C$4,361.61, with a volume of 6,254 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CSU shares. BMO Capital Markets lifted their price objective on Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. Raymond James lifted their price target on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. CIBC increased their price objective on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. National Bankshares lifted their target price on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Finally, UBS Group upgraded Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$4,875.00.

Constellation Software Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. The stock has a market cap of C$92.42 billion, a PE ratio of 103.04, a P/E/G ratio of 2.95 and a beta of 0.81. The company’s 50 day moving average is C$4,519.57 and its 200-day moving average is C$4,355.89.

Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were given a dividend of $1.353 per share. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date of this dividend was Friday, December 20th. Constellation Software’s payout ratio is 12.95%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.