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

Constellation Software Inc. (TSE:CSU) has earned an average rating of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$4,075.00.

A number of research firms have issued reports on CSU. BMO Capital Markets boosted their price target on Constellation Software from C$4,150.00 to C$4,300.00 and gave the company an “outperform” rating in a research report on Monday, May 13th. Royal Bank of Canada increased their target price on shares of Constellation Software from C$4,300.00 to C$4,700.00 and gave the stock an “outperform” rating in a research report on Monday, July 22nd. Finally, TD Securities lifted their price target on shares of Constellation Software from C$4,050.00 to C$4,150.00 and gave the company a “hold” rating in a research report on Tuesday, May 14th.

Insider Buying and Selling

In related news, Senior Officer John Edward Billowits sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of C$3,768.39, for a total transaction of C$3,768,390.00. Insiders own 5.70% of the company’s stock.

Constellation Software Stock Performance

Shares of CSU opened at C$4,471.67 on Monday. The company has a market capitalization of C$94.75 billion, a price-to-earnings ratio of 118.30, a PEG ratio of 1.04 and a beta of 0.80. The company has a debt-to-equity ratio of 155.36, a quick ratio of 0.55 and a current ratio of 0.92. Constellation Software has a 1 year low of C$2,585.25 and a 1 year high of C$4,476.50. The company’s 50 day simple moving average is C$3,941.95 and its 200 day simple moving average is C$3,775.55.

Constellation Software (TSE:CSU) last released its earnings results on Friday, May 10th. The company reported C$37.21 earnings per share for the quarter, topping the consensus estimate of C$23.21 by C$14.00. Constellation Software had a return on equity of 9.53% and a net margin of 6.52%. The firm had revenue of C$3.17 billion for the quarter, compared to the consensus estimate of C$3.22 billion. On average, sell-side analysts predict that Constellation Software will post 111.5047198 EPS for the current year.

Constellation Software Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 11th. Stockholders of record on Thursday, July 11th were given a $1.378 dividend. The ex-dividend date of this dividend was Thursday, June 20th. This represents a $5.51 annualized dividend and a dividend yield of 0.12%. This is an increase from Constellation Software’s previous quarterly dividend of $1.36. Constellation Software’s payout ratio is presently 14.47%.

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.