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

Constellation Software Inc. (TSE:CSU) has been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$4,875.00.

Several equities research analysts have commented on the company. CIBC boosted their target price on Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. National Bankshares upped their price target on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Raymond James raised their price objective on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. TD Securities upped their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. Finally, UBS Group raised shares of Constellation Software to a “strong-buy” rating in a research report on Thursday, November 21st.

Constellation Software Price Performance

CSU stock opened at C$4,275.47 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 firm has a 50 day moving average price of C$4,515.93 and a 200-day moving average price of C$4,341.49. Constellation Software has a 52-week low of C$3,439.45 and a 52-week high of C$4,879.19. The firm has a market capitalization of C$90.60 billion, a price-to-earnings ratio of 101.00, a PEG ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were issued a dividend of $1.353 per share. The ex-dividend date was Friday, December 20th. This represents a $5.41 annualized dividend and a dividend yield of 0.13%. 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.