Constellation Software (TSE:CSU) Given a C$4,400.00 Price Target by RBC Dominion Securities Analysts

Constellation Software (TSE:CSU) has been given a C$4,400.00 price objective by analysts at RBC Dominion Securities in a note issued to investors on Friday, BayStreet reports. The firm currently has an “outperform” rating on the stock. RBC Dominion Securities‘s price objective suggests a potential upside of 30.04% from the stock’s current price.

Several other brokerages have also recently commented on CSU. Royal Bank Of Canada set a C$4,400.00 price target on shares of Constellation Software and gave the stock an “outperform” rating in a research note on Wednesday, August 26th. National Bank Financial raised their price objective on Constellation Software from C$3,500.00 to C$3,700.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Jefferies Financial Group lifted their target price on Constellation Software from C$3,185.00 to C$3,294.00 in a report on Thursday, August 13th. Raymond James Financial lifted their target price on Constellation Software from C$3,200.00 to C$3,500.00 and gave the stock a “market perform” rating in a report on Wednesday, August 12th. Finally, Desjardins boosted their target price on Constellation Software from C$3,800.00 to C$3,900.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Constellation Software currently has a consensus rating of “Moderate Buy” and an average target price of C$3,931.27.

Constellation Software Price Performance

Shares of CSU stock traded down C$24.99 during mid-day trading on Friday, hitting C$3,383.58. The company had a trading volume of 39,237 shares, compared to its average volume of 75,916. Constellation Software has a 52-week low of C$2,196.00 and a 52-week high of C$3,898.03. The stock’s 50 day moving average price is C$2,998.17 and its 200-day moving average price is C$2,836.98. The company has a debt-to-equity ratio of 141.06, a current ratio of 0.90 and a quick ratio of 0.55. The company has a market capitalization of C$71.70 billion, a P/E ratio of 74.64, a P/E/G ratio of 2.95 and a beta of 0.72.

Constellation Software (TSE:CSU) last posted its earnings results on Tuesday, August 11th. The company reported C$18.37 earnings per share for the quarter. The company 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%. Equities research analysts forecast that Constellation Software will post 55.46 earnings per share for the current year.

Insider Buying and Selling at Constellation Software

In related news, Director Jamal Nizam Baksh sold 149 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of C$2,871.23, for a total value of C$427,813.27. Following the sale, the director owned 143 shares in the company, valued at approximately 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 on Friday, August 28th. The shares were sold at an average price of C$3,203.00, for a total transaction of C$3,843,600.00. Following the sale, the insider directly owned 12,370 shares in the company, valued at approximately C$39,621,110. The trade was a 8.84% decrease in their position. Insiders own 5.69% of the company’s stock.

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.