Constellation Software (TSE:CSU) Reaches New 52-Week Low – Time to Sell?

Constellation Software Inc. (TSE:CSU)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$3,123.70 and last traded at C$3,158.80, with a volume of 6455 shares traded. The stock had previously closed at C$3,207.79.

Analyst Ratings Changes

A number of equities analysts have weighed in on CSU shares. Royal Bank Of Canada set a C$5,600.00 price target on Constellation Software and gave the stock an “outperform” rating in a research report on Wednesday. BMO Capital Markets cut their price target on shares of Constellation Software from C$5,400.00 to C$4,600.00 in a research report on Monday, November 10th. National Bankshares downgraded shares of Constellation Software from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from C$5,500.00 to C$4,500.00 in a research note on Friday, September 26th. Desjardins upgraded Constellation Software to a “moderate buy” rating in a report on Thursday, October 30th. Finally, Jefferies Financial Group lowered their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a research report on Monday, November 10th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$4,865.71.

Constellation Software Price Performance

The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. The firm has a market capitalization of C$70.19 billion, a price-to-earnings ratio of 102.22, a P/E/G ratio of 2.95 and a beta of 0.43. The company’s 50 day moving average is C$3,339.68 and its 200-day moving average is C$4,055.70.

Constellation Software (TSE:CSU) last released its quarterly earnings data on Friday, November 7th. The company reported C$9.89 earnings per share (EPS) for the quarter. Constellation Software had a return on equity of 27.34% and a net margin of 6.57%.The firm had revenue of C$4.10 billion for the quarter. Equities research analysts anticipate that Constellation Software Inc. will post 55.4616354 earnings per share for the current year.

Constellation Software Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 12th. Investors of record on Monday, January 12th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, December 19th. Constellation Software’s dividend payout ratio is 12.35%.

Insider Transactions at Constellation Software

In other Constellation Software news, insider Barry Alan Symons sold 2,500 shares of Constellation Software stock in a transaction on Monday, November 17th. The shares were sold at an average price of C$3,304.25, for a total transaction of C$8,260,625.00. Following the completion of the transaction, the insider directly owned 57,000 shares of the company’s stock, valued at C$188,342,250. The trade was a 4.20% decrease in their ownership of the stock. 5.69% of the stock is owned by corporate insiders.

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.