Constellation Software (CSU) Set to Announce Quarterly Earnings on Friday

Constellation Software (TSE:CSU) is set to post its quarterly earnings results after the market closes on Friday, November 8th. Analysts expect Constellation Software to post earnings of C$27.98 per share for the quarter.

Constellation Software (TSE:CSU) last released its earnings results on Friday, August 9th. The company reported C$31.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$29.71 by C$1.29. The business had revenue of C$3.38 billion during the quarter, compared to the consensus estimate of C$3.40 billion. Constellation Software had a return on equity of 15.93% and a net margin of 7.00%.

Constellation Software Price Performance

Shares of TSE:CSU opened at C$4,199.04 on Friday. The company has a 50-day moving average price of C$4,333.91 and a two-hundred day moving average price of C$4,061.46. Constellation Software has a twelve month low of C$2,753.42 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 market capitalization of C$88.98 billion, a PE ratio of 99.20, a P/E/G ratio of 2.95 and a beta of 0.81.

Constellation Software Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were given a $1.381 dividend. This is a positive change from Constellation Software’s previous quarterly dividend of $1.38. This represents a $5.52 dividend on an annualized basis and a dividend yield of 0.13%. The ex-dividend date was Friday, September 20th. Constellation Software’s dividend payout ratio (DPR) is 12.95%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CSU shares. Royal Bank of Canada raised their price objective on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a report on Monday, July 22nd. National Bankshares upped their price objective on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. CIBC increased 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. Finally, Raymond James boosted their price target on shares of Constellation Software from C$3,800.00 to C$4,250.00 and gave the stock a “market perform” rating in a research note on Monday, August 12th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$4,541.67.

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.