Constellation Software (TSE:CSU) Reaches New 12-Month Low – Should You Sell?

Constellation Software Inc. (TSE:CSU)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.50 and last traded at C$4,941.25, with a volume of 10194 shares. The stock had previously closed at C$4,986.97.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. UBS Group raised Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. BMO Capital Markets boosted their price objective on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research report on Monday, November 11th. Raymond James upped their price objective on Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. TD Securities increased their target price on shares of Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. Finally, CIBC boosted their target price on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$4,875.00.

Constellation Software Trading Down 2.5 %

The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The company has a 50 day moving average of C$4,643.27 and a 200 day moving average of C$4,492.63. The stock has a market capitalization of C$73.47 billion, a price-to-earnings ratio of 115.52, a P/E/G ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were paid a $1.353 dividend. This represents a $5.41 annualized dividend and a dividend yield of 0.11%. The ex-dividend date of this dividend was Friday, December 20th. Constellation Software’s payout ratio is presently 13.02%.

Constellation Software Company Profile

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.