Raymond James Financial Cuts Constellation Software (TSE:CSU) Price Target to C$3,700.00

Constellation Software (TSE:CSU) had its price objective decreased by Raymond James Financial from C$4,300.00 to C$3,700.00 in a research note released on Tuesday,BayStreet.CA reports. Raymond James Financial currently has a market perform rating on the stock.

Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group reduced their price objective on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. Canadian Imperial Bank of Commerce cut their price target on Constellation Software from C$4,688.00 to C$4,610.00 and set an “outperform” rating on the stock in a research note on Tuesday. Royal Bank Of Canada reduced their price target on Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating on the stock in a research report on Monday, January 26th. BMO Capital Markets decreased their price objective on Constellation Software from C$4,600.00 to C$4,200.00 in a research note on Tuesday. Finally, TD Securities dropped their price objective on Constellation Software from C$5,700.00 to C$5,300.00 in a report on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$4,187.14.

Constellation Software Stock Performance

Shares of TSE:CSU opened at C$2,619.09 on Tuesday. The company has a current ratio of 0.96, a quick ratio of 0.55 and a debt-to-equity ratio of 161.87. Constellation Software has a 1-year low of C$2,196.00 and a 1-year high of C$5,300.00. The stock has a market capitalization of C$55.50 billion, a P/E ratio of 80.84, a P/E/G ratio of 2.95 and a beta of 0.33. The business has a 50-day moving average price of C$2,698.83 and a two-hundred day moving average price of C$3,375.43.

Constellation Software (TSE:CSU) last issued its quarterly earnings results on Monday, March 9th. The company reported C$7.12 EPS for the quarter. The company had revenue of C$4.19 billion during the quarter. Constellation Software had a net margin of 4.40% and a return on equity of 15.35%. Equities analysts predict that Constellation Software will post 55.4616354 earnings per share for the current year.

Constellation Software Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Monday, January 12th were given a $1.00 dividend. The ex-dividend date was Friday, December 19th. This represents a $4.00 annualized dividend and a dividend yield of 0.2%. Constellation Software’s payout ratio is currently 12.35%.

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.