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

Constellation Software Inc. (TSE:CSU) has been given an average rating of “Moderate Buy” by the seven analysts that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$4,875.00.

CSU has been the subject of several research analyst reports. Raymond James boosted their price objective on Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. BMO Capital Markets boosted their target price on Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. National Bankshares boosted their target price on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. CIBC boosted their target price on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Finally, TD Securities boosted their target price on Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th.

Constellation Software Price Performance

Shares of CSU opened at C$4,392.37 on Monday. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The stock has a 50 day simple moving average of C$4,519.69 and a 200 day simple moving average of C$4,350.06. Constellation Software has a 52-week low of C$3,535.00 and a 52-week high of C$4,879.19. The firm has a market capitalization of C$93.07 billion, a PE ratio of 103.76, a P/E/G ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were issued a $1.353 dividend. This represents a $5.41 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date was Friday, December 20th. Constellation Software’s dividend 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.