Analysts Set Constellation Software Inc. (TSE:CSU) Target Price at C$4,541.67

Constellation Software Inc. (TSE:CSU) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$4,541.67.

Several research analysts have weighed in on CSU shares. Raymond James increased 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 report on Monday, August 12th. CIBC boosted their price target on 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. National Bankshares lifted their price objective 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. Finally, 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 report on Monday, July 22nd.

Constellation Software Trading Up 1.4 %

TSE:CSU opened at C$4,257.90 on Wednesday. The company has a 50 day simple moving average of C$4,332.92 and a two-hundred day simple moving average of C$4,066.10. The company has a market cap of C$90.22 billion, a PE ratio of 100.59, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. Constellation Software has a 12 month low of C$2,820.00 and a 12 month high of C$4,476.50.

Constellation Software (TSE:CSU) last posted its earnings results on Friday, August 9th. The company reported C$31.00 earnings per share for the quarter, beating analysts’ consensus estimates of C$29.71 by C$1.29. The company had revenue of C$3.38 billion for 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%. Research analysts forecast that Constellation Software will post 55.4616354 earnings per share for the current year.

Constellation Software Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 10th were issued a $1.381 dividend. The ex-dividend date of this dividend was Friday, September 20th. This is a boost from Constellation Software’s previous quarterly dividend of $1.38. This represents a $5.52 dividend on an annualized basis and a yield of 0.13%. Constellation Software’s payout ratio is currently 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.