Constellation Software Inc. (TSE:CSU) Receives C$3,833.50 Average PT from Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have received an average rating of “Moderate Buy” from the nine brokerages that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and eight have given 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$3,884.40.

CSU has been the topic of a number of recent research reports. Jefferies Financial Group boosted their price objective on Constellation Software from C$3,185.00 to C$3,294.00 in a research note on Thursday. Canadian Imperial Bank of Commerce cut their target price on Constellation Software from C$4,080.00 to C$4,000.00 in a research note on Thursday, May 14th. Desjardins lifted their price target on Constellation Software from C$3,800.00 to C$3,900.00 and gave the stock a “buy” rating in a report on Monday, August 10th. BMO Capital Markets reduced their price target on Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Finally, TD boosted their price target on shares of Constellation Software from C$4,100.00 to C$4,200.00 and gave the company a “buy” rating in a research report on Thursday, May 14th.

Constellation Software Trading Down 2.3%

Shares of Constellation Software stock opened at C$3,089.46 on Tuesday. The stock has a market cap of C$65.47 billion, a P/E ratio of 68.15, a P/E/G ratio of 2.95 and a beta of 0.59. The stock’s 50 day simple moving average is C$2,892.64 and its 200-day simple moving average is C$2,670.94. Constellation Software has a 1-year low of C$2,196.00 and a 1-year high of C$4,634.98. The company has a debt-to-equity ratio of 141.06, a current ratio of 0.90 and a quick ratio of 0.55.

Constellation Software (TSE:CSU) last posted its quarterly earnings results on Tuesday, August 11th. The company reported C$18.37 earnings per share (EPS) for the quarter. Constellation Software had a return on equity of 25.24% and a net margin of 7.57%.The business had revenue of C$4.74 billion during the quarter. Analysts predict that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Insider Buying and Selling

In other Constellation Software news, Director Jamal Nizam Baksh sold 285 shares of Constellation Software stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of C$2,754.86, for a total transaction of C$785,135.10. Following the transaction, the director directly owned 1,307 shares of the company’s stock, valued at C$3,600,602.02. The trade was a 17.90% decrease in their ownership of the stock. 5.69% of the stock is owned by company insiders.

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.