Constellation Software (CSU) Scheduled to Post Earnings on Friday

Constellation Software (TSE:CSU) is scheduled to release its earnings data after the market closes on Friday, November 8th. Analysts expect Constellation Software to post earnings of C$27.98 per share for the quarter.

Constellation Software (TSE:CSU) last released its earnings results on Friday, August 9th. The company reported C$31.00 EPS for the quarter, topping the consensus estimate of C$29.71 by C$1.29. Constellation Software had a return on equity of 15.93% and a net margin of 7.00%. The business had revenue of C$3.38 billion during the quarter, compared to analysts’ expectations of C$3.40 billion.

Constellation Software Trading Up 2.2 %

TSE CSU opened at C$4,345.00 on Thursday. The business has a 50 day simple moving average of C$4,332.54 and a 200 day simple moving average of C$4,081.50. Constellation Software has a one year low of C$2,832.02 and a one year high of C$4,476.50. The stock has a market capitalization of C$92.07 billion, a P/E ratio of 102.65, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55.

Constellation Software Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were paid a dividend of $1.381 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $5.52 annualized dividend and a yield of 0.13%. This is a boost from Constellation Software’s previous quarterly dividend of $1.38. Constellation Software’s dividend payout ratio (DPR) is currently 12.95%.

Wall Street Analyst Weigh In

CSU has been the topic of several recent research reports. CIBC increased their price target on Constellation Software from C$4,100.00 to C$4,850.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Raymond James increased their price target on Constellation Software from C$3,800.00 to C$4,250.00 and gave the stock a “market perform” rating in a report on Monday, August 12th. Royal Bank of Canada increased their price target on Constellation Software from C$4,300.00 to C$4,700.00 and gave the stock an “outperform” rating in a report on Monday, July 22nd. BMO Capital Markets increased their price target on Constellation Software from C$4,550.00 to C$4,800.00 in a report on Monday. Finally, National Bankshares increased their price target on Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$4,625.00.

Constellation Software Company Profile

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.