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

Constellation Software Inc. (TSE:CSU) has been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two equities 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 objective among brokerages that have updated their coverage on the stock in the last year is C$4,875.00.

CSU has been the subject of several recent analyst reports. UBS Group raised Constellation Software to a “strong-buy” rating in a research report on Thursday, November 21st. Raymond James boosted their target price on Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. 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 research report on Monday, December 9th. TD Securities boosted their target price on Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11th. Finally, BMO Capital Markets boosted their target price on Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th.

Constellation Software Price Performance

CSU opened at C$4,861.85 on Tuesday. The stock has a 50-day moving average price of C$4,650.30 and a 200-day moving average price of C$4,497.45. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. The firm has a market cap of C$73.47 billion, a PE ratio of 115.52, a P/E/G ratio of 2.95 and a beta of 0.81. Constellation Software has a 1 year low of C$3,535.00 and a 1 year high of C$5,018.34.

Constellation Software Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were given a dividend of $1.353 per share. 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 payout ratio is currently 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.