Constellation Software (TSE:CSU) Hits New 12-Month Low – Time to Sell?

Constellation Software Inc. (TSE:CSU)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$2,575.00 and last traded at C$2,586.06, with a volume of 39294 shares changing hands. The stock had previously closed at C$2,651.30.

Analysts Set New Price Targets

A number of research firms recently issued reports on CSU. Desjardins upgraded Constellation Software to a “moderate buy” rating in a report on Thursday, October 30th. Jefferies Financial Group dropped their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a report on Monday, November 10th. Royal Bank Of Canada cut their price objective on shares of Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating for the company in a research report on Monday. BMO Capital Markets reduced their price target on shares of Constellation Software from C$5,400.00 to C$4,600.00 in a research note on Monday, November 10th. Finally, National Bankshares cut their target price on shares of Constellation Software from C$4,500.00 to C$3,200.00 and set a “sector perform” rating on the stock in a research report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Constellation Software currently has a consensus rating of “Moderate Buy” and a consensus target price of C$4,481.14.

Constellation Software Price Performance

The business’s 50-day moving average is C$3,181.99 and its two-hundred day moving average is C$3,831.97. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. The company has a market capitalization of C$53.25 billion, a P/E ratio of 77.56, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43.

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

Constellation Software Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Monday, January 12th were given a dividend of $1.00 per share. The ex-dividend date was Friday, December 19th. This represents a $4.00 annualized dividend and a dividend yield of 0.2%. Constellation Software’s dividend payout ratio is 12.35%.

Insider Buying and Selling

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

Constellation Software Company Profile

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.