Constellation Software (TSE:CSU) Sets New 12-Month Low – What’s Next?

Constellation Software Inc. (TSE:CSU) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$2,575.00 and last traded at C$2,586.06, with a volume of 39294 shares changing hands. The stock had previously closed at C$2,651.30.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on CSU shares. Raymond James Financial decreased their price target on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a research note on Monday, November 10th. National Bankshares lowered their target price on shares of Constellation Software from C$4,500.00 to C$3,200.00 and set a “sector perform” rating for the company in a research note on Thursday, January 22nd. Jefferies Financial Group reduced their price target on Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. Royal Bank Of Canada lowered their price objective on Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating for the company in a research report on Monday. Finally, Desjardins upgraded Constellation Software to a “moderate buy” rating in a report on Thursday, October 30th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Constellation Software has an average rating of “Moderate Buy” and a consensus price target of C$4,481.14.

Constellation Software Stock Performance

The stock has a market cap of C$55.44 billion, a PE ratio of 80.74, a P/E/G ratio of 2.95 and a beta of 0.43. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. The stock has a 50-day simple moving average of C$3,206.59 and a 200-day simple moving average of C$3,849.38.

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

Constellation Software Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Monday, January 12th were given a $1.00 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a $4.00 annualized dividend and a dividend yield of 0.2%. Constellation Software’s dividend payout ratio is presently 12.35%.

Insider Buying and Selling at Constellation Software

In related news, insider Barry Alan Symons sold 2,500 shares of Constellation Software stock in a transaction on Monday, November 17th. The shares were sold at an average price of C$3,304.25, for a total transaction of C$8,260,625.00. Following the transaction, the insider owned 57,000 shares in the company, valued at approximately C$188,342,250. The trade was a 4.20% decrease in their position. 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.