Constellation Software (TSE:CSU) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Constellation Software Inc. (TSE:CSU) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4,316.30 and traded as high as C$4,471.10. Constellation Software shares last traded at C$4,458.44, with a volume of 22,213 shares traded.

Analysts Set New Price Targets

A number of equities research analysts have commented on CSU shares. TD Securities raised their price target on Constellation Software from C$4,500.00 to C$4,800.00 in a report on Monday, November 11th. UBS Group raised Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. CIBC upped their price target on Constellation Software from C$4,800.00 to C$5,300.00 and gave the stock an “outperform” rating in a research note on Monday, December 9th. National Bankshares lifted their price objective on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Raymond James upped their target price on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a research report on Monday, November 11th. Two 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$4,875.00.

Constellation Software Stock Performance

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 firm has a 50 day moving average price of C$4,517.48 and a 200 day moving average price of C$4,321.11. The stock has a market cap of C$94.47 billion, a PE ratio of 105.33, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81.

Constellation Software Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, January 10th will be given a dividend of $1.353 per share. This represents a $5.41 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date is Friday, December 20th. Constellation Software’s payout ratio is currently 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.