Constellation Software (TSE:CSU) Price Target Cut to C$1,500.00

Constellation Software (TSE:CSU) had its price target trimmed by Scotiabank from C$1,600.00 to C$1,500.00 in a research note published on Monday morning, BayStreet.CA reports.

A number of other research firms also recently issued reports on CSU. Royal Bank of Canada boosted their target price on shares of Constellation Software from C$1,500.00 to C$1,700.00 and gave the company an outperform rating in a research report on Monday, February 10th. Pi Financial upgraded shares of Constellation Software from a neutral rating to a buy rating in a research report on Tuesday, March 10th. Raymond James reiterated a market perform rating and set a C$1,500.00 target price on shares of Constellation Software in a research report on Friday, February 14th. Finally, National Bank Financial boosted their target price on shares of Constellation Software from C$1,400.00 to C$1,500.00 and gave the company a sector perform rating in a research report on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of Hold and a consensus price target of C$1,538.71.

TSE:CSU opened at C$1,255.19 on Monday. The firm’s fifty day moving average is C$1,358.32 and its 200-day moving average is C$1,333.88. The company has a debt-to-equity ratio of 108.30, a quick ratio of 0.54 and a current ratio of 0.61. Constellation Software has a 52 week low of C$1,076.34 and a 52 week high of C$1,524.42. The firm has a market cap of $26.28 billion and a P/E ratio of 79.88.

Constellation Software (TSE:CSU) last posted its quarterly earnings data on Thursday, February 13th. The company reported C$5.73 EPS for the quarter, missing the Zacks’ consensus estimate of C$11.85 by C($6.12). The firm had revenue of C$1.26 billion for the quarter, compared to the consensus estimate of C$1.24 billion. As a group, sell-side analysts anticipate that Constellation Software will post 42.5799998 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Investors of record on Monday, March 16th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.32%. Constellation Software’s payout ratio is presently 25.46%.

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. It operates through two segments, Public Sector and Private Sector. The Public Sector segment develops and distributes software solutions primarily to government and government-related customers.

Further Reading: Portfolio Manager

Analyst Recommendations for Constellation Software (TSE:CSU)

Receive News & Ratings for Constellation Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Constellation Software and related companies with MarketBeat.com's FREE daily email newsletter.