Constellation Software (TSE:CSU) Price Target Raised to C$5,000.00 at National Bankshares

Constellation Software (TSE:CSU) had its price objective lifted by National Bankshares from C$4,800.00 to C$5,000.00 in a report released on Thursday, BayStreet.CA reports. They currently have an outperform rating on the stock.

CSU has been the topic of several other reports. Royal Bank of Canada lifted their target price on 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. CIBC boosted their price objective on Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a research note on Wednesday, August 28th. Finally, Raymond James boosted their price objective on Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a “market perform” rating in a research note on Monday, August 12th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Constellation Software has an average rating of “Moderate Buy” and a consensus target price of C$4,541.67.

Constellation Software Trading Up 0.2 %

Shares of CSU stock opened at C$4,338.50 on Thursday. The firm has a market capitalization of C$91.93 billion, a P/E ratio of 102.49, a P/E/G ratio of 2.95 and a beta of 0.81. Constellation Software has a twelve month low of C$2,665.01 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 stock’s fifty day simple moving average is C$4,327.02 and its 200 day simple moving average is C$4,036.63.

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

Constellation Software Increases Dividend

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