Equities Analysts Set Expectations for TSE:CSU Q4 Earnings

Constellation Software Inc. (TSE:CSU) – Investment analysts at Raymond James decreased their Q4 2024 EPS estimates for Constellation Software in a research note issued to investors on Sunday, November 10th. Raymond James analyst S. Li now expects that the company will post earnings per share of $33.48 for the quarter, down from their previous estimate of $34.13. The consensus estimate for Constellation Software’s current full-year earnings is $55.46 per share. Raymond James also issued estimates for Constellation Software’s FY2025 earnings at $134.69 EPS.

Other equities analysts also recently issued reports about the company. Royal Bank of Canada raised 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 note on Monday, July 22nd. CIBC upped 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 report on Wednesday, August 28th. BMO Capital Markets boosted their price objective on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday. TD Securities raised their target price on Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday. Finally, National Bankshares upped their price target on Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$4,800.00.

Constellation Software Stock Up 2.2 %

CSU opened at C$4,454.39 on Tuesday. Constellation Software has a twelve month low of C$3,015.20 and a twelve month high of C$4,476.50. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 151.81. The firm has a 50 day moving average price of C$4,334.81 and a 200-day moving average price of C$4,099.30. The stock has a market capitalization of C$94.39 billion, a price-to-earnings ratio of 105.23, 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 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of C$3.38 billion during the quarter, compared to analysts’ expectations of C$3.40 billion.

Constellation Software Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be issued a dividend of $1.353 per share. This represents a $5.41 annualized dividend and a yield of 0.12%. The ex-dividend date of this dividend 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.