Constellation Software (TSE:CSU) Price Target Raised to C$4,550.00 at Raymond James

Constellation Software (TSE:CSU) had its price target boosted by Raymond James from C$4,250.00 to C$4,550.00 in a research report released on Monday,BayStreet.CA reports. Raymond James also issued estimates for Constellation Software’s Q4 2024 earnings at $33.48 EPS, FY2024 earnings at $106.91 EPS and FY2025 earnings at $134.69 EPS.

Several other research firms have also recently issued reports on CSU. 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. BMO Capital Markets upped their price objective on Constellation Software from C$4,550.00 to C$4,800.00 in a research report on Monday, November 4th. CIBC raised their target price on Constellation Software from C$4,100.00 to C$4,850.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 28th. Royal Bank of Canada upped their price target on shares of Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a research report on Monday, July 22nd. Finally, National Bankshares raised their price objective on shares of 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 research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$4,800.00.

Constellation Software Price Performance

Shares of TSE:CSU opened at C$4,488.16 on Monday. Constellation Software has a 1-year low of C$3,057.00 and a 1-year high of C$4,610.74. The business has a fifty day moving average price of C$4,345.91 and a 200-day moving average price of C$4,108.59. The company has a market capitalization of C$95.10 billion, a PE ratio of 106.03, a PEG 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 Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 20th will be issued a $1.353 dividend. This represents a $5.41 annualized dividend and a dividend yield of 0.12%. The ex-dividend date of this dividend is Friday, December 20th. Constellation Software’s dividend payout ratio (DPR) is presently 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.