Constellation Software Inc. (TSE:CSU) has been assigned an average rating of “Buy” from the twelve ratings firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is C$834.18.
Several brokerages have recently commented on CSU. Raymond James restated a “market perform” rating and issued a C$930.00 price objective on shares of Constellation Software in a research report on Friday, October 26th. boosted their price objective on Constellation Software to C$950.00 in a research report on Friday, October 26th. Industrial Alliance Securities lowered their price objective on Constellation Software from C$940.00 to C$900.00 in a research report on Friday, October 26th. Finally, lowered their price objective on Constellation Software from C$350.00 to C$1.00 in a research report on Monday, October 22nd.
In other news, insider Jamal Nizam Baksh sold 900 shares of Constellation Software stock in a transaction dated Thursday, November 22nd. The stock was sold at an average price of C$910.12, for a total value of C$819,108.00.
TSE CSU opened at C$910.04 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 56.03. Constellation Software has a fifty-two week low of C$725.25 and a fifty-two week high of C$1,134.30.
Constellation Software (TSE:CSU) last released its earnings results on Thursday, October 25th. The company reported C$8.95 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$8.97 by C($0.02). The company had revenue of C$992.04 million during the quarter, compared to the consensus estimate of C$1.02 billion. On average, sell-side analysts expect that Constellation Software will post 32.2799983275897 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, January 4th. Stockholders of record on Friday, December 14th were issued a $1.291 dividend. The ex-dividend date was Thursday, December 13th. This represents a $5.16 annualized dividend and a dividend yield of 0.57%. Constellation Software’s dividend payout ratio (DPR) is 15.34%.
Constellation Software Company Profile
Constellation Software Inc, together with its subsidiaries, engages in the development, installation, and customization of software to various markets in the United States, Canada, the United Kingdom, Europe, and internationally. The company operates in two segments, Public Sector and Private Sector.
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