Constellation Software Inc. (TSE:CSU) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have received an average recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$4,875.00.

CSU has been the topic of several recent analyst reports. CIBC lifted their price target on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a report on Monday, December 9th. TD Securities lifted their price target on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. UBS Group upgraded shares of Constellation Software to a “strong-buy” rating in a report on Thursday, November 21st. Raymond James boosted their target price on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11th. Finally, BMO Capital Markets boosted their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday, November 11th.

Constellation Software Stock Performance

TSE:CSU opened at C$4,861.85 on Tuesday. The stock has a market cap of C$73.47 billion, a P/E ratio of 115.52, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The firm’s fifty day simple moving average is C$4,650.30 and its 200 day simple moving average is C$4,497.45. Constellation Software has a twelve month low of C$3,535.00 and a twelve month high of C$5,018.34. 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 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were given a $1.353 dividend. This represents a $5.41 annualized dividend and a dividend yield of 0.11%. The ex-dividend date was Friday, December 20th. Constellation Software’s dividend payout ratio is presently 13.02%.

About Constellation Software

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.