Constellation Software (CSU) Scheduled to Post Earnings on Friday

Constellation Software (TSE:CSU) will 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 posted its earnings results on Friday, August 9th. The company reported C$31.00 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of C$3.40 billion.

Constellation Software Stock Performance

Shares of TSE CSU opened at C$4,345.00 on Thursday. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55. The stock’s fifty day moving average price is C$4,332.54 and its two-hundred day moving average price is 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 firm has a market cap of C$92.07 billion, a price-to-earnings ratio of 102.65, a P/E/G ratio of 2.95 and a beta of 0.81.

Constellation Software Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Shareholders of record on Thursday, October 10th were issued a $1.381 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 0.13%. This is a positive change from Constellation Software’s previous quarterly dividend of $1.38. The ex-dividend date of this dividend was Friday, September 20th. Constellation Software’s dividend payout ratio is currently 12.95%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Raymond James upped their price objective on Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a “market perform” rating in a report on Monday, August 12th. Royal Bank of Canada upped their price objective on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a report on Monday, July 22nd. CIBC upped their price objective on Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a report on Wednesday, August 28th. National Bankshares upped 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 report on Thursday, October 24th. Finally, BMO Capital Markets upped their target price on Constellation Software from C$4,550.00 to C$4,800.00 in a research report on Monday. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.