Constellation Software (TSE:CSU – Get Free Report) had its price objective lifted by Canaccord Genuity Group from C$3,700.00 to C$4,100.00 in a note issued to investors on Tuesday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. Canaccord Genuity Group‘s target price suggests a potential upside of 18.55% from the company’s current price.
CSU has been the topic of several other reports. National Bank Financial boosted their target price on 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. RBC Dominion Securities set a C$4,400.00 price target on Constellation Software and gave the stock an “outperform” rating in a research note on Friday, October 23rd. Raymond James Financial increased their price target on Constellation Software from C$3,500.00 to C$3,800.00 and gave the stock a “market perform” rating in a research note on Monday. Jefferies Financial Group lifted their price objective on Constellation Software from C$3,185.00 to C$3,294.00 in a report on Thursday, August 13th. Finally, Royal Bank Of Canada set a C$4,400.00 price objective on Constellation Software and gave the stock an “outperform” rating in a report on Wednesday, August 26th. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$4,012.00.
Read Our Latest Research Report on CSU
Constellation Software Stock Performance
Shares of TSE:CSU traded up C$66.06 during mid-day trading on Tuesday, reaching C$3,458.35. The company had a trading volume of 13,440 shares, compared to its average volume of 75,110. The company has a current ratio of 0.91, a quick ratio of 0.55 and a debt-to-equity ratio of 133.36. The firm has a market cap of C$73.29 billion, a price-to-earnings ratio of 76.29, a PEG ratio of 2.95 and a beta of 0.82. The company’s 50-day moving average price is C$3,079.99 and its 200-day moving average price is C$2,795.17. Constellation Software has a one year low of C$2,196.00 and a one year high of C$3,532.73.
Constellation Software (TSE:CSU – Get Free Report) last posted its quarterly earnings data on Friday, November 6th. The company reported C$14.25 EPS for the quarter. Constellation Software had a return on equity of 24.05% and a net margin of 7.25%. The business had revenue of C$5 billion for the quarter. As a group, equities research analysts anticipate that Constellation Software will post 55.46 EPS for the current fiscal year.
Insider Activity at Constellation Software
In other Constellation Software news, Director Jamal Nizam Baksh sold 149 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of C$2,871.23, for a total transaction of C$427,813.27. Following the sale, the director owned 143 shares of the company’s stock, 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 on Friday, August 28th. The shares were sold at an average price of C$3,203.00, for a total transaction of C$3,843,600.00. Following the sale, the insider directly owned 12,370 shares in the company, valued at C$39,621,110. The trade was a 8.84% decrease in their position. 5.69% of the stock is currently owned by company 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.
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