Constellation Software Inc. (TSE:CSU) Receives C$4,595.43 Average Price Target from Brokerages

Constellation Software Inc. (TSE:CSU) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is C$4,595.43.

A number of equities research analysts have recently issued reports on the stock. TD Securities dropped their target price on shares of Constellation Software from C$5,700.00 to C$5,300.00 in a report on Monday, November 10th. National Bankshares lowered their price target 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. Royal Bank Of Canada set a C$5,600.00 price objective on shares of Constellation Software and gave the company an “outperform” rating in a research note on Wednesday, January 7th. Raymond James Financial cut their price objective on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a report on Monday, November 10th. Finally, CIBC decreased their target price on shares of Constellation Software from C$5,260.00 to C$4,668.00 in a research note on Friday, January 16th.

Constellation Software Price Performance

TSE:CSU opened at C$2,781.11 on Friday. The stock has a 50 day moving average of C$3,227.04 and a two-hundred day moving average of C$3,880.24. Constellation Software has a 12 month low of C$2,624.41 and a 12 month high of C$5,300.00. The firm has a market cap of C$58.94 billion, a P/E ratio of 85.84, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83.

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

Constellation Software Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Investors 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 dividend on an annualized basis and a yield of 0.1%. Constellation Software’s dividend payout ratio (DPR) is presently 12.35%.

Insiders Place Their Bets

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

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.