Raymond James Has Negative Estimate for TSE:CSU Q4 Earnings

Constellation Software Inc. (TSE:CSU) – Equities research analysts at Raymond James decreased their Q4 2024 earnings per share (EPS) estimates for Constellation Software in a note issued to investors on Sunday, November 10th. Raymond James analyst S. Li now anticipates that the company will post earnings per share of $33.48 for the quarter, down from their previous forecast 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.

A number of other research firms also recently issued reports on CSU. TD Securities boosted their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday. CIBC upped their price objective 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. Royal Bank of Canada raised their target price on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a research note on Monday, July 22nd. 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 note on Thursday, October 24th. Finally, BMO Capital Markets raised their price objective on Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$4,800.00.

Constellation Software Price Performance

Constellation Software stock opened at C$4,572.98 on Tuesday. The stock has a market capitalization of C$96.90 billion, a price-to-earnings ratio of 106.07, a PEG ratio of 2.95 and a beta of 0.81. Constellation Software has a 52-week low of C$3,050.30 and a 52-week high of C$4,600.00. 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 stock’s 50 day moving average price is C$4,339.46 and its two-hundred day moving average price is C$4,105.32.

Constellation Software Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be paid a dividend of $1.353 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a yield of 0.12%. Constellation Software’s dividend payout ratio (DPR) 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.