National Bankshares Downgrades Constellation Software (TSE:CSU) to Sector Perform

National Bankshares downgraded shares of Constellation Software (TSE:CSU) from an outperform rating to a sector perform rating in a research report sent to investors on Friday,BayStreet.CA reports. National Bankshares currently has C$4,500.00 price target on the stock, down from their previous price target of C$5,500.00.

CSU has been the topic of a number of other research reports. BMO Capital Markets decreased their target price on shares of Constellation Software from C$5,700.00 to C$5,400.00 in a research report on Monday, August 11th. Royal Bank Of Canada lifted their target price on shares of Constellation Software from C$5,700.00 to C$6,000.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. Finally, TD Securities set a C$5,700.00 target price on shares of Constellation Software and gave the stock a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$5,450.00.

Constellation Software Price Performance

Shares of TSE:CSU opened at C$3,660.00 on Friday. The stock has a market cap of C$77.56 billion, a PE ratio of 121.03, a PEG ratio of 2.95 and a beta of 0.77. The company’s fifty day moving average is C$4,513.91 and its 200 day moving average is C$4,721.78. Constellation Software has a 52 week low of C$3,390.01 and a 52 week high of C$5,300.00. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83.

Constellation Software Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 10th. Shareholders of record on Friday, October 10th will be given a $1.00 dividend. The ex-dividend date is Friday, September 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.1%. Constellation Software’s payout ratio is presently 13.23%.

Constellation Software Company Profile

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.