Constellation Software Inc. (TSE:CSU) Stock Has Consensus Price Target of C$3,931.27

Shares of Constellation Software Inc. (TSE:CSU) have been given a consensus recommendation of “Moderate Buy” by the ten ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$3,931.27.

Several equities research analysts recently weighed in on CSU shares. Jefferies Financial Group raised their price target on shares of Constellation Software from C$3,185.00 to C$3,294.00 in a research report on Thursday, August 13th. Desjardins upped 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 report on Monday, August 10th. Royal Bank Of Canada set a C$4,400.00 target price on Constellation Software and gave the company an “outperform” rating in a research note on Wednesday, August 26th. National Bank Financial increased their target price on 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. Finally, RBC Dominion Securities set a C$4,400.00 target price on Constellation Software and gave the stock an “outperform” rating in a report on Friday, October 23rd.

Constellation Software Stock Up 0.7%

TSE:CSU opened at C$3,393.39 on Friday. The firm has a market cap of C$71.91 billion, a P/E ratio of 74.86, a P/E/G ratio of 2.95 and a beta of 0.72. The company has a debt-to-equity ratio of 141.06, a quick ratio of 0.55 and a current ratio of 0.90. Constellation Software has a fifty-two week low of C$2,196.00 and a fifty-two week high of C$3,710.88. The firm has a 50-day simple moving average of C$3,035.91 and a two-hundred day simple moving average of C$2,778.14.

Constellation Software (TSE:CSU) last issued its earnings results on Tuesday, August 11th. The company reported C$18.37 earnings per share (EPS) for the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. The firm had revenue of C$4.74 billion for the quarter. Analysts predict that Constellation Software will post 55.46 earnings per share for the current fiscal year.

Constellation Software Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, October 9th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, September 18th. Constellation Software’s dividend payout ratio is presently 8.82%.

Insiders Place Their Bets

In related news, insider John Edward Billowits sold 1,200 shares of Constellation Software stock in a transaction dated 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 completion of the sale, the insider directly owned 12,370 shares in the company, valued at approximately C$39,621,110. This trade represents a 8.84% decrease in their position. Also, Director Jamal Nizam Baksh sold 149 shares of Constellation Software stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of C$2,871.23, for a total value of C$427,813.27. Following the completion of the sale, the director owned 143 shares of the company’s stock, valued at C$410,585.89. The trade was a 51.03% decrease in their ownership of the stock. Corporate insiders own 5.69% of the company’s stock.

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.