Constellation Software (TSE:CSU) Director Jamal Nizam Baksh Sells 285 Shares of Stock

Constellation Software Inc. (TSE:CSU) Director Jamal Nizam Baksh sold 285 shares of the stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of C$2,754.86, for a total value of C$785,135.10. Following the completion of the transaction, the director owned 1,307 shares in the company, valued at C$3,600,602.02. The trade was a 17.90% decrease in their ownership of the stock.

Constellation Software Trading Up 3.3%

CSU stock opened at C$2,790.88 on Wednesday. The company has a market cap of C$59.14 billion, a P/E ratio of 79.60, a PEG ratio of 2.95 and a beta of 0.53. Constellation Software Inc. has a twelve month low of C$2,196.00 and a twelve month high of C$5,060.70. The company has a quick ratio of 0.55, a current ratio of 0.91 and a debt-to-equity ratio of 143.18. The business has a fifty day moving average of C$2,685.14 and a 200-day moving average of C$2,748.42.

Constellation Software (TSE:CSU) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$24.08 earnings per share (EPS) for the quarter. The business had revenue of C$4.42 billion for the quarter. Constellation Software had a return on equity of 20.79% and a net margin of 6.08%. As a group, equities research analysts expect that Constellation Software Inc. will post 55.4616354 EPS for the current year.

Constellation Software Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were given a dividend of $1.00 per share. The ex-dividend date was Friday, March 27th. This represents a $4.00 annualized dividend and a dividend yield of 0.1%. Constellation Software’s payout ratio is currently 11.41%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Canadian Imperial Bank of Commerce cut their price objective on shares of Constellation Software from C$4,080.00 to C$4,000.00 in a report on Thursday, May 14th. Desjardins reduced their price target on Constellation Software from C$3,900.00 to C$3,800.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. TD lifted their price objective on Constellation Software from C$4,100.00 to C$4,200.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. TD Securities increased their target price on Constellation Software from C$4,000.00 to C$4,100.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Finally, National Bank Financial upgraded Constellation Software from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$3,400.00 to C$3,500.00 in a report on Wednesday, May 27th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$3,823.50.

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.