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

Shares of Constellation Software Inc. (TSE:CSU) have been given an average rating of “Moderate Buy” by the nine research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$3,823.50.

A number of equities analysts have issued reports on CSU shares. Raymond James Financial cut their price objective on shares of Constellation Software from C$3,700.00 to C$3,200.00 and set a “market perform” rating on the stock in a report on Wednesday, May 13th. UBS Group cut their target price on Constellation Software from C$4,500.00 to C$4,250.00 in a research note on Tuesday, March 31st. National Bank Financial upgraded shares of Constellation Software from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$3,400.00 to C$3,500.00 in a report on Wednesday, May 27th. 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 research 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.

Insider Activity

In other news, Director Jamal Nizam Baksh sold 285 shares of the firm’s stock in a transaction that occurred 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 transaction, the director directly owned 1,307 shares in the company, valued at approximately C$3,600,602.02. This trade represents a 17.90% decrease in their ownership of the stock. Insiders own 5.69% of the company’s stock.

Constellation Software Stock Down 1.4%

Shares of TSE:CSU opened at C$2,565.61 on Friday. The stock has a market cap of C$54.37 billion, a price-to-earnings ratio of 73.18, a PEG ratio of 2.95 and a beta of 0.59. The company has a quick ratio of 0.55, a current ratio of 0.91 and a debt-to-equity ratio of 143.18. Constellation Software has a 12-month low of C$2,196.00 and a 12-month high of C$4,922.93. The business’s 50 day moving average is C$2,790.51 and its 200 day moving average is C$2,661.72.

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