Constellation Software Inc. (TSE:CSU) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Constellation Software Inc. (TSE:CSU) have earned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$3,823.50.

A number of equities research analysts have issued reports on the company. Desjardins lowered their price target on Constellation Software from C$3,900.00 to C$3,800.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Royal Bank Of Canada reduced their price objective on Constellation Software from C$4,800.00 to C$4,500.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. BMO Capital Markets decreased their target price on Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating for the company in a report on Wednesday, May 13th. National Bank Financial raised shares of Constellation Software from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$3,400.00 to C$3,500.00 in a research report on Wednesday, May 27th. Finally, TD raised 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 report on Thursday, May 14th.

Insider Transactions at Constellation Software

In other news, 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 sale, the director owned 1,307 shares of the company’s stock, valued at C$3,600,602.02. This represents a 17.90% decrease in their ownership of the stock. 5.69% of the stock is currently owned by corporate insiders.

Constellation Software Price Performance

Constellation Software stock opened at C$2,825.42 on Friday. Constellation Software has a 1 year low of C$2,196.00 and a 1 year high of C$5,060.70. The company has a debt-to-equity ratio of 143.18, a quick ratio of 0.55 and a current ratio of 0.91. The firm has a 50 day moving average price of C$2,770.17 and a 200 day moving average price of C$2,683.49. The company has a market cap of C$59.88 billion, a price-to-earnings ratio of 80.59, a PEG ratio of 2.95 and a beta of 0.59.

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

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.