Constellation Software (TSE:CSU) Shares Pass Above 200 Day Moving Average – Time to Sell?

Constellation Software Inc. (TSE:CSU) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2,779.93 and traded as high as C$3,051.21. Constellation Software shares last traded at C$2,924.00, with a volume of 73,035 shares changing hands.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Jefferies Financial Group decreased their target price on shares of Constellation Software from C$3,500.00 to C$3,185.00 and set a “buy” rating on the stock in a research report on Monday, May 25th. Desjardins dropped their target price on Constellation Software from C$3,900.00 to C$3,800.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Royal Bank Of Canada cut their target price on Constellation Software from C$4,800.00 to C$4,500.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. UBS Group cut their price objective on shares of Constellation Software from C$4,500.00 to C$4,250.00 in a research report on Tuesday, March 31st. Finally, TD raised their price objective on Constellation Software from C$4,100.00 to C$4,200.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$3,823.50.

Constellation Software Trading Down 4.4%

The stock has a market cap of C$61.97 billion, a PE ratio of 83.40, a price-to-earnings-growth ratio of 2.95 and a beta of 0.53. The company has a debt-to-equity ratio of 143.18, a quick ratio of 0.55 and a current ratio of 0.91. The company has a 50 day moving average of C$2,626.92 and a two-hundred day moving average of C$2,779.93.

Constellation Software (TSE:CSU) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C$24.08 EPS for the quarter. The company had revenue of C$4.42 billion for the quarter. Constellation Software had a return on equity of 20.79% and a net margin of 6.08%. Sell-side analysts anticipate that Constellation Software Inc. will post 55.4616354 earnings per share for the current fiscal year.

Constellation Software Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were given a $1.00 dividend. The ex-dividend date was Friday, March 27th. This represents a $4.00 annualized dividend and a dividend yield of 0.1%. Constellation Software’s dividend payout ratio (DPR) is 11.41%.

About Constellation Software

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.