Constellation Software Inc. (TSE:CSU) Stock Rated “Moderate Buy” by Sell-Side Analysts

Constellation Software Inc. (TSE:CSU) has been given an average rating of “Moderate Buy” by the nine analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$3,884.40.

A number of research analysts have weighed in on CSU shares. Raymond James Financial lifted their target price on Constellation Software from C$3,200.00 to C$3,500.00 and gave the company a “market perform” rating in a report on Wednesday, August 12th. Royal Bank Of Canada set a C$4,400.00 price objective on shares of Constellation Software and gave the company an “outperform” rating in a research report on Wednesday, August 26th. National Bank Financial boosted 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. Desjardins upped their target price on shares of Constellation Software from C$3,800.00 to C$3,900.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Finally, 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 note on Thursday, August 13th.

Constellation Software Stock Performance

Shares of CSU stock opened at C$2,981.21 on Wednesday. The stock has a market capitalization of C$63.18 billion, a P/E ratio of 65.77, a PEG ratio of 2.95 and a beta of 0.59. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 141.06. The firm’s 50 day moving average is C$2,999.48 and its 200 day moving average is C$2,773.36. Constellation Software has a 12 month low of C$2,196.00 and a 12 month high of C$4,110.00.

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

Constellation Software Dividend Announcement

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

Insiders Place Their Bets

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