Constellation Software Inc. (TSE:CSU) Receives C$3,823.50 Average Target Price from Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have been given a consensus rating of “Moderate Buy” by the nine analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$3,823.50.

CSU has been the topic of several recent research reports. TD Securities increased their target price on Constellation Software from C$4,000.00 to C$4,100.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Raymond James Financial dropped their target price on Constellation Software from C$3,700.00 to C$3,200.00 and set a “market perform” rating on the stock in a research report on Wednesday, May 13th. BMO Capital Markets dropped their target price on Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. National Bank Financial upgraded Constellation Software from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$3,400.00 to C$3,500.00 in a research report on Wednesday, May 27th. Finally, Jefferies Financial Group dropped their target price on Constellation Software from C$3,500.00 to C$3,185.00 and set a “buy” rating on the stock in a research report on Monday, May 25th.

Constellation Software Price Performance

Constellation Software stock opened at C$2,818.02 on Monday. Constellation Software has a 12 month low of C$2,196.00 and a 12 month high of C$5,060.70. The company has a current ratio of 0.91, a quick ratio of 0.55 and a debt-to-equity ratio of 143.18. The business’s 50 day simple moving average is C$2,702.39 and its 200 day simple moving average is C$2,737.71. The company has a market cap of C$59.72 billion, a price-to-earnings ratio of 80.38, a PEG ratio of 2.95 and a beta of 0.53.

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

Insider Activity

In other Constellation Software news, Director Jamal Nizam Baksh sold 285 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of C$2,754.86, for a total transaction of C$785,135.10. Following the sale, the director owned 1,307 shares in the company, valued at C$3,600,602.02. This represents a 17.90% decrease in their ownership of the stock. 5.69% of the stock is currently owned by corporate insiders.

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.