Constellation Software (TSE:CSU) Hits New 1-Year High – Time to Buy?

Shares of Constellation Software Inc. (TSE:CSU) reached a new 52-week high during trading on Thursday . The stock traded as high as C$4,916.38 and last traded at C$4,902.64, with a volume of 31499 shares. The stock had previously closed at C$4,800.00.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CSU. TD Securities upped their price objective on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday, November 11th. BMO Capital Markets upped their price target on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. UBS Group raised Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. National Bankshares boosted their target price on Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Raymond James raised their price target on Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Constellation Software presently has an average rating of “Moderate Buy” and a consensus price target of C$4,875.00.

Constellation Software Trading Down 0.5 %

The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 151.81. The company has a market capitalization of C$104.01 billion, a PE ratio of 115.96, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The stock’s fifty day moving average price is C$4,557.11 and its two-hundred day moving average price is C$4,409.60.

Constellation Software (TSE:CSU) last released its quarterly earnings data on Friday, November 8th. The company reported C$27.69 earnings per share for the quarter, missing the consensus estimate of C$27.98 by C($0.29). Constellation Software had a return on equity of 15.93% and a net margin of 7.00%. During the same period in the previous year, the firm posted $29.83 earnings per share. Sell-side analysts anticipate that Constellation Software Inc. will post 55.4616354 earnings per share for the current year.

Constellation Software Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were paid a $1.353 dividend. This represents a $5.41 dividend on an annualized basis and a yield of 0.11%. The ex-dividend date of this dividend was Friday, December 20th. Constellation Software’s payout ratio is 12.95%.

Constellation Software Company Profile

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses 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 the software licensing; and sale of third-party hardware.