Constellation Software (TSE:CSU) Given New C$3,200.00 Price Target at National Bankshares

Constellation Software (TSE:CSU) had its price objective lowered by equities research analysts at National Bankshares from C$4,500.00 to C$3,200.00 in a research note issued on Thursday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 17.71% from the company’s previous close.

A number of other research analysts have also issued reports on the stock. Raymond James Financial reduced their target price on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a research note on Monday, November 10th. Jefferies Financial Group reduced their price objective on Constellation Software from C$5,850.00 to C$4,500.00 in a research report on Monday, November 10th. Royal Bank Of Canada set a C$5,600.00 target price on Constellation Software and gave the company an “outperform” rating in a research report on Wednesday, January 7th. Desjardins raised Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Finally, CIBC cut their price objective on shares of Constellation Software from C$5,260.00 to C$4,668.00 in a research note on Friday, January 16th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$4,595.43.

Constellation Software Stock Performance

CSU traded up C$11.72 during trading on Thursday, reaching C$2,718.61. 39,833 shares of the company were exchanged, compared to its average volume of 90,634. Constellation Software has a 52 week low of C$2,624.41 and a 52 week high of C$5,300.00. 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 50 day moving average of C$3,249.57 and a 200 day moving average of C$3,919.07. The stock has a market cap of C$57.61 billion, a P/E ratio of 83.91, a PEG ratio of 2.95 and a beta of 0.43.

Constellation Software (TSE:CSU) last announced its quarterly earnings results on Friday, November 7th. The company reported C$9.89 earnings per share (EPS) for the quarter. The company had revenue of C$4.10 billion during the quarter. Constellation Software had a net margin of 6.57% and a return on equity of 27.34%. On average, sell-side analysts forecast that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Insider Buying and Selling at Constellation Software

In other news, insider Barry Alan Symons sold 2,500 shares of the firm’s stock in a transaction dated 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 owned 57,000 shares in the company, valued at approximately C$188,342,250. This trade represents a 4.20% decrease in their position. Company insiders own 5.69% of the company’s stock.

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.