Brokerages Set Constellation Software Inc. (TSE:CSU) PT at C$4,875.00

Shares of Constellation Software Inc. (TSE:CSU) have received an average rating of “Moderate Buy” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$4,875.00.

Several research firms recently weighed in on CSU. UBS Group raised Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. Raymond James raised their price objective on Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. CIBC raised their price objective on Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. TD Securities raised their price objective on Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. Finally, National Bankshares increased 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.

Constellation Software Stock Performance

TSE:CSU opened at C$4,392.37 on Monday. The stock’s 50-day simple moving average is C$4,519.69 and its 200 day simple moving average is C$4,350.06. The firm has a market capitalization of C$93.07 billion, a PE ratio of 103.76, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 151.81. Constellation Software has a twelve month low of C$3,535.00 and a twelve month high of C$4,879.19.

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 given a dividend of $1.353 per share. The ex-dividend date was Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. Constellation Software’s dividend payout ratio (DPR) 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.