Constellation Software Inc. (TSE:CSU) Receives C$4,865.71 Consensus Price Target from Analysts

Constellation Software Inc. (TSE:CSU) has been given a consensus rating of “Moderate Buy” by the seven research firms that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$4,865.71.

A number of brokerages have recently issued reports on CSU. Royal Bank Of Canada reduced their target price on shares of Constellation Software from C$6,000.00 to C$5,600.00 in a research report on Monday, November 10th. Jefferies Financial Group dropped their price objective on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a research report on Monday, November 10th. Raymond James Financial decreased their price objective on Constellation Software from C$5,250.00 to C$4,300.00 in a research report on Monday, November 10th. BMO Capital Markets lowered their target price on Constellation Software from C$5,400.00 to C$4,600.00 in a research note on Monday, November 10th. Finally, National Bank Financial lowered Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th.

Constellation Software Price Performance

Shares of CSU stock opened at C$3,239.07 on Monday. Constellation Software has a 52 week low of C$3,155.60 and a 52 week high of C$5,300.00. The stock has a market capitalization of C$68.64 billion, a PE ratio of 99.97, a PEG ratio of 2.95 and a beta of 0.47. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The stock’s fifty day moving average is C$3,366.31 and its 200-day moving average is C$4,095.08.

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

Constellation Software Dividend Announcement

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

Insider Activity

In other news, insider Barry Alan Symons sold 2,500 shares of Constellation Software 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 transaction of C$8,260,625.00. Following the completion of the sale, the insider owned 57,000 shares in the company, valued at C$188,342,250. The trade was 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.