Constellation Software (TSE:CSU) Price Target Raised to C$4,900.00 at BMO Capital Markets

Constellation Software (TSE:CSU) had its price objective increased by BMO Capital Markets from C$4,800.00 to C$4,900.00 in a research note published on Monday,BayStreet.CA reports.

Other research analysts also recently issued research reports about the stock. CIBC raised their target price on shares of Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a research report on Wednesday, August 28th. 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. Royal Bank of Canada boosted their price target on 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. Raymond James raised their price objective on Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday. Finally, TD Securities boosted their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$4,800.00.

Constellation Software Trading Up 2.2 %

Shares of TSE CSU opened at C$4,454.39 on Monday. The business’s 50 day moving average price is C$4,333.74 and its 200-day moving average price is C$4,093.67. Constellation Software has a fifty-two week low of C$3,015.20 and a fifty-two week high of C$4,476.50. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The company has a market cap of C$94.39 billion, a price-to-earnings ratio of 104.65, a PEG ratio of 2.95 and a beta of 0.81.

Constellation Software (TSE:CSU) last posted its quarterly earnings results on Friday, August 9th. The company reported C$31.00 EPS for the quarter, topping analysts’ consensus estimates of C$29.71 by C$1.29. The firm had revenue of C$3.38 billion for the quarter, compared to analysts’ expectations of C$3.40 billion. Constellation Software had a net margin of 7.00% and a return on equity of 15.93%. On average, sell-side analysts expect that Constellation Software will post 55.4616354 earnings per share for the current year.

Constellation Software Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 20th will be given a $1.353 dividend. This represents a $5.41 annualized dividend and a dividend yield of 0.12%. The ex-dividend date is Friday, December 20th. Constellation Software’s payout ratio 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.