Constellation Software Inc. (TSE:CSU) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Constellation Software Inc. (TSE:CSU) have been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$3,884.40.

CSU has been the subject of several recent research reports. Desjardins increased their price objective on Constellation Software from C$3,800.00 to C$3,900.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Jefferies Financial Group increased their target price on shares of Constellation Software from C$3,185.00 to C$3,294.00 in a research report on Thursday, August 13th. National Bank Financial upped their price objective on shares of Constellation Software from C$3,500.00 to C$3,700.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Royal Bank Of Canada set a C$4,400.00 target price on shares of Constellation Software and gave the stock an “outperform” rating in a research note on Wednesday, August 26th. Finally, TD boosted their target price on Constellation Software from C$4,100.00 to C$4,200.00 and gave the stock a “buy” rating in a report on Thursday, May 14th.

Insider Buying and Selling

In other Constellation Software news, Director Jamal Nizam Baksh sold 285 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was 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 directly owned 1,307 shares of the company’s stock, valued at C$3,600,602.02. This trade represents a 17.90% decrease in their position. Also, insider John Edward Billowits sold 1,200 shares of Constellation Software stock in a transaction on Friday, August 28th. The stock was sold at an average price of C$3,203.00, for a total value of C$3,843,600.00. Following the transaction, the insider owned 12,370 shares in the company, valued at approximately C$39,621,110. This represents a 8.84% decrease in their position. Company insiders own 5.69% of the company’s stock.

Constellation Software Trading Down 0.6%

Shares of Constellation Software stock opened at C$3,023.96 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 141.06. Constellation Software has a twelve month low of C$2,196.00 and a twelve month high of C$4,634.98. The firm has a market capitalization of C$64.08 billion, a PE ratio of 66.71, a P/E/G ratio of 2.95 and a beta of 0.59. The firm’s 50-day moving average price is C$2,949.61 and its 200 day moving average price is C$2,732.83.

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

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.