Constellation Software Inc. (TSE:CSU) Receives C$4,897.14 Average PT from Analysts

Shares of Constellation Software Inc. (TSE:CSU) have earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$4,897.14.

CSU has been the topic of several research reports. Jefferies Financial Group decreased their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a research report on Monday, November 10th. National Bankshares lowered Constellation Software from an “outperform” rating to a “sector perform” rating and decreased their price objective for the company from C$5,500.00 to C$4,500.00 in a report on Friday, September 26th. National Bank Financial cut Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. Desjardins raised shares of Constellation Software to a “moderate buy” rating in a research report on Thursday, October 30th. Finally, BMO Capital Markets decreased their price target on shares of Constellation Software from C$5,400.00 to C$4,600.00 in a research note on Monday, November 10th.

Constellation Software Stock Performance

Shares of CSU stock opened at C$3,325.82 on Thursday. The company has a market capitalization of C$70.48 billion, a price-to-earnings ratio of 102.65, a PEG ratio of 2.95 and a beta of 0.47. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The company has a 50-day simple moving average of C$3,579.98 and a 200 day simple moving average of C$4,310.63. Constellation Software has a 52 week low of C$3,155.60 and a 52 week high of C$5,300.00.

Constellation Software (TSE:CSU) last released its quarterly earnings results on Friday, November 7th. The company reported C$9.89 earnings per share for the quarter. The firm had revenue of C$4.10 billion for the quarter. Constellation Software had a net margin of 6.57% and a return on equity of 27.34%. On average, sell-side analysts predict that Constellation Software will post 55.4616354 earnings per share for the current year.

Constellation Software Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, October 10th were given 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 was Friday, September 19th. Constellation Software’s dividend payout ratio is presently 12.35%.

Insider Activity at Constellation Software

In other Constellation Software news, insider Mark Robert Miller purchased 275 shares of the company’s stock in a transaction dated Friday, September 26th. The stock was bought at an average cost of C$3,695.14 per share, for a total transaction of C$1,016,163.50. Following the completion of the transaction, the insider owned 11,753 shares in the company, valued at approximately C$43,428,980.42. This represents a 2.40% increase in their ownership of the stock. Corporate insiders own 5.69% of the company’s stock.

Constellation Software Company Profile

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.