Constellation Software Inc. (TSE:CSU – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$3,931.27.
Several equities research analysts have recently commented on CSU shares. RBC Dominion Securities set a C$4,400.00 price target on shares of Constellation Software and gave the stock an “outperform” rating in a research report on Friday. Jefferies Financial Group increased their price objective on shares of Constellation Software from C$3,185.00 to C$3,294.00 in a report on Thursday, August 13th. Raymond James Financial increased their price objective on shares of Constellation Software from C$3,200.00 to C$3,500.00 and gave the company a “market perform” rating in a report on Wednesday, August 12th. National Bank Financial raised their price objective on shares of Constellation Software from C$3,500.00 to C$3,700.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Finally, Royal Bank Of Canada set a C$4,400.00 price target on shares of Constellation Software and gave the company an “outperform” rating in a research report on Wednesday, August 26th.
Get Our Latest Research Report on Constellation Software
Insider Transactions at Constellation Software
In other news, Director Jamal Nizam Baksh sold 149 shares of Constellation Software stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of C$2,871.23, for a total transaction of C$427,813.27. Following the transaction, the director owned 143 shares in the company, valued at C$410,585.89. The trade was a 51.03% decrease in their position. Also, insider John Edward Billowits sold 1,200 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of C$3,203.00, for a total value of C$3,843,600.00. Following the completion of the transaction, the insider owned 12,370 shares of the company’s stock, valued at C$39,621,110. This represents a 8.84% decrease in their ownership of the stock. Company insiders own 5.69% of the company’s stock.
Constellation Software Stock Performance
Shares of TSE:CSU opened at C$3,395.00 on Friday. The stock has a market capitalization of C$71.95 billion, a P/E ratio of 74.90, a P/E/G ratio of 2.95 and a beta of 0.72. Constellation Software has a 1-year low of C$2,196.00 and a 1-year high of C$3,898.03. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 141.06. The business has a 50-day moving average price of C$3,004.28 and a two-hundred day moving average price of C$2,840.88.
Constellation Software (TSE:CSU – Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported C$18.37 earnings per share (EPS) for the quarter. The company had revenue of C$4.74 billion for the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. Equities analysts predict that Constellation Software will post 55.46 earnings per share for the current year.
Constellation Software Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, October 9th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Friday, September 18th. Constellation Software’s dividend payout ratio is 8.82%.
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.
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