The shares of Constellation Software Inc. (TSE:CSU – Get a Free Report) exceeded their 200-day moving average during trading on Monday. The stock has a 200-day moving average of $4,256.59 and traded as high as $4,683.70. Constellation Software shares last traded at C$4,621.89, on volume of 18,985 shares.
Wall Street analysts predict growth
A number of research analysts have recently released reports on the company. Raymond James raised their price target on Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday, November 11. BMO Capital Markets raised their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11. CIBC raised their target price on shares of Constellation Software from $4,800.00 to $5,300.00 and gave the stock an “outperform” rating in a research report on Monday, December 9. TD Securities raised their price objective on Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday, November 11. Finally, National Bankshares raised their price target on Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the stock. Based on data from MarketBeat.com, the company has an average rating of “Average Buy” and a consensus price target of $4,875.00.
Read our latest report on CSU
Constellation Software shares fell 0.8%
The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The company has a market cap of C$97.94 billion, a price-to-earnings ratio of 109.19, a PEG ratio of 2.95 and a beta of 0.81. The company’s 50-day simple moving average is $4,484.56 and its 200-day simple moving average is $4,256.59.
Constellation Software cuts dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 10. A dividend of $1,353 will be paid to shareholders of record on Friday, January 10. This represents a dividend of $5.41 annually and a yield of 0.12%. The ex-dividend date of this dividend is Friday, December 20. Constellation Software’s payout ratio is 12.95%.
Constellation Software Company Profile
(Get a free report)
Constellation Software Inc, together with its subsidiaries, acquires, builds and manages software companies for the vertical market in Canada, the United States, Europe and internationally. It provides mission-critical software solutions for public and private sector markets. The company is also involved in software licensing; and sales of third-party hardware.
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