Constellation Software (TSE:CSU) PT Set at C$5,600.00 by Royal Bank Of Canada

Constellation Software (TSE:CSU) received a C$5,600.00 price objective from research analysts at Royal Bank Of Canada in a report released on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 72.37% from the stock’s previous close.

A number of other analysts have also recently commented on CSU. National Bankshares downgraded shares of Constellation Software from an “outperform” rating to a “sector perform” rating and decreased their price objective for the company from C$5,500.00 to C$4,500.00 in a research report on Friday, September 26th. Desjardins upgraded shares of Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. CIBC lowered their price target on Constellation Software from C$5,480.00 to C$5,260.00 in a research report on Monday, December 15th. Jefferies Financial Group dropped their price objective on Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. Finally, National Bank Financial downgraded Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Constellation Software presently has a consensus rating of “Moderate Buy” and an average price target of C$4,865.71.

Constellation Software Stock Down 0.2%

TSE CSU traded down C$7.98 during trading hours on Wednesday, hitting C$3,248.75. 23,119 shares of the company traded hands, compared to its average volume of 53,643. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The business’s 50-day moving average is C$3,343.66 and its 200-day moving average is C$4,061.34. The stock has a market capitalization of C$68.85 billion, a price-to-earnings ratio of 100.27, a P/E/G ratio of 2.95 and a beta of 0.43. Constellation Software has a twelve month low of C$3,123.70 and a twelve month high of C$5,300.00.

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

Insider Transactions at Constellation Software

In other Constellation Software news, insider Barry Alan Symons sold 2,500 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of C$3,304.25, for a total value of C$8,260,625.00. Following the transaction, the insider directly owned 57,000 shares of the company’s stock, valued at C$188,342,250. This represents a 4.20% decrease in their position. 5.69% of the stock is 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.