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

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

Other equities analysts have also recently issued research reports about the stock. CIBC boosted 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 research report on Wednesday, August 28th. Raymond James boosted their price target on Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a “market perform” rating in a report on Monday, August 12th. Finally, Royal Bank of Canada increased their price objective 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. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$4,541.67.

Constellation Software Price Performance

CSU opened at C$4,281.75 on Thursday. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55. The stock’s 50 day simple moving average is C$4,330.03 and its 200 day simple moving average is C$4,048.78. The firm has a market cap of C$90.73 billion, a price-to-earnings ratio of 101.15, a PEG ratio of 2.95 and a beta of 0.81. Constellation Software has a 1 year low of C$2,665.01 and a 1 year high of C$4,476.50.

Constellation Software (TSE:CSU) last released its quarterly earnings data 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. 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 analyst estimates of C$3.40 billion. As a group, analysts predict that Constellation Software will post 55.4616354 earnings per share for the current year.

Constellation Software Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Shareholders 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 positive change from Constellation Software’s previous quarterly dividend of $1.38. This represents a $5.52 annualized dividend and a yield of 0.13%. Constellation Software’s dividend payout ratio (DPR) 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.