Constellation Software Inc. (TSE:CSU) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Constellation Software Inc. (TSE:CSU) have received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$4,334.28.

Several brokerages have recently commented on CSU. BMO Capital Markets lifted their price target on shares of Constellation Software from C$4,900.00 to C$5,500.00 in a research report on Monday, March 10th. Royal Bank of Canada set a C$5.70 target price on shares of Constellation Software and gave the stock an “outperform” rating in a report on Friday, March 21st. Raymond James increased their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a research note on Monday, March 10th. Finally, CIBC raised their price target on Constellation Software from C$5,300.00 to C$5,450.00 in a research report on Monday, March 10th.

Constellation Software Price Performance

Shares of CSU stock opened at C$4,564.80 on Friday. 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 has a 12 month low of C$3,535.00 and a 12 month high of C$5,040.00. The firm has a market cap of C$68.98 billion, a price-to-earnings ratio of 108.46, a PEG ratio of 2.95 and a beta of 0.81. The stock has a 50-day moving average price of C$4,776.52 and a 200 day moving average price of C$4,554.57.

Constellation Software Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 0.09%. The ex-dividend date is Friday, March 28th. Constellation Software’s dividend payout ratio (DPR) is 13.02%.

Constellation Software Company Profile

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.