As reported by MarketBeat.com, shares of Constellation Software, Inc. (TSE:CSU – Get Free Report ) have received a consensus recommendation of Moderate Buy from the 6 rating firms currently covering the company. 2 research analysts have rated the stock with a Hold recommendation, while 4 have issued a Buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage of the company’s stock in the past year is C$4,008.33.
A number of stock analysts have recently expressed their opinion on the stock. BMO Capital Markets increased their price objective for Constellation Software from C$4,150.00 to C$4,300.00 and gave the stock an “outperform” rating in a research report on Monday, May 13th. TD Securities increased their price objective for Constellation Software from C$4,050.00 to C$4,150.00 and gave the stock a “hold” rating in a research report on Tuesday, May 14th.
Check out the latest stock report on CSU
Constellation Software shares rose 0.4%
CSU shares opened at C$4,214.73 on Monday. The stock’s 50-day moving average price is C$3,875.10 and 200-day moving average price is C$3,746.92. Constellation Software’s low in the past 12 months is C$2,585.25 and its high in the past 12 months is C$4,238.40. The company has a market capitalization of C$89.31 billion, a price-to-earnings ratio (PE) of 111.50, a PEG ratio of 1.04 and a beta of 0.80. The company has a current ratio of 0.92, a quick ratio of 0.55 and a debt-to-equity ratio of 155.36.
Constellation Software (TSE:CSU – get free report ) last released its quarterly earnings data on Friday, May 10th. The company reported C$37.21 EPS for the quarter, beating analysts’ consensus estimates of C$23.21 by C$14.00. Constellation Software had a return on equity of 9.53% and a net margin of 6.52%. The company’s revenue for the quarter was C$3.17 billion, beating analyst expectations of C$3.22 billion. Analysts on average are expecting Constellation Software to post C$111.5047198 EPS for the year.
Constellation Software Increases Dividend
The company also recently declared a quarterly dividend, paid on Thursday, July 11th. Investors of record on Thursday, July 11th were paid a dividend of $1.378. The ex-dividend date is Thursday, June 20th. This equates to an annualized dividend of $5.51 and a yield of 0.13%. This is an increase from Constellation Software’s previous quarterly dividend of $1.36. Constellation Software’s dividend payout ratio (DPR) is currently 14.47%.
Insider Trading at Constellation Software
In related news, Senior Executive, John Edward Bilowitz sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 21. The shares were sold at an average price of C$3,768.39, for a total transaction value of C$3,768,390.00. Insiders now own 5.70% of the company’s shares.
Constellation Software Company Profile
(Get your free report
Constellation Software Inc., together with its subsidiaries, acquires, builds and manages vertical market software businesses in Canada, the United States, Europe and internationally. The company provides mission-critical software solutions for the public and private sector markets. The company is also involved in the sale of software licenses and third-party hardware.
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