National Bank Financial Predicts TSE:CSU Q4 Earnings

Constellation Software Inc. (TSE:CSU) – Equities researchers at National Bank Financial issued their Q4 2024 earnings estimates for Constellation Software in a research report issued to clients and investors on Sunday, November 10th. National Bank Financial analyst R. Tse expects that the company will post earnings per share of $30.34 for the quarter. The consensus estimate for Constellation Software’s current full-year earnings is $55.46 per share.

Constellation Software (TSE:CSU) last released its quarterly earnings data on Friday, August 9th. The company reported C$31.00 earnings per share for the quarter, beating the consensus estimate of C$29.71 by C$1.29. The firm had revenue of C$3.38 billion for the quarter, compared to analyst estimates of C$3.40 billion. Constellation Software had a net margin of 7.00% and a return on equity of 15.93%.

A number of other brokerages have also recently weighed in on CSU. CIBC lifted their price target on shares of Constellation Software from C$4,100.00 to C$4,850.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 28th. Royal Bank of Canada increased their price target on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a research note on Monday, July 22nd. TD Securities boosted their price target on Constellation Software from C$4,500.00 to C$4,800.00 in a research note on Monday. Raymond James increased their target price on shares of Constellation Software from C$4,250.00 to C$4,550.00 in a report on Monday. Finally, 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 note on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$4,800.00.

Constellation Software Price Performance

Shares of Constellation Software stock opened at C$4,454.39 on Tuesday. Constellation Software has a fifty-two week low of C$3,015.20 and a fifty-two week high of C$4,476.50. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55. The company has a market cap of C$94.39 billion, a PE ratio of 105.23, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The firm has a fifty day moving average price of C$4,334.81 and a two-hundred day moving average price of C$4,099.30.

Constellation Software Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 20th will be issued a $1.353 dividend. The ex-dividend date is Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. 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.