Constellation Software Inc. (TSE:CSU) Given Consensus Rating of “Moderate Buy” by Analysts

Constellation Software Inc. (TSE:CSU) has been given a consensus recommendation of “Moderate Buy” by the nine research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$3,884.40.

CSU has been the subject of several research reports. 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. Raymond James Financial lifted their price target on shares of Constellation Software from C$3,200.00 to C$3,500.00 and gave the company a “market perform” rating in a research note on Wednesday, August 12th. National Bank Financial boosted their price target on Constellation Software from C$3,500.00 to C$3,700.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. Jefferies Financial Group increased their price objective on Constellation Software from C$3,185.00 to C$3,294.00 in a research note on Thursday, August 13th. Finally, Desjardins raised their price objective on 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.

Constellation Software Stock Up 2.5%

TSE:CSU opened at C$2,827.94 on Friday. Constellation Software has a twelve month low of C$2,196.00 and a twelve month high of C$4,500.00. The company has a market cap of C$59.93 billion, a price-to-earnings ratio of 62.39, a price-to-earnings-growth ratio of 2.95 and a beta of 0.59. The stock has a fifty day simple moving average of C$2,961.13 and a 200-day simple moving average of C$2,749.43. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 141.06.

Constellation Software (TSE:CSU) last posted its quarterly earnings results on Tuesday, August 11th. The company reported C$18.37 EPS for the quarter. The firm had revenue of C$4.74 billion for the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. Analysts anticipate that Constellation Software will post 55.4616354 EPS for the current year.

Insider Buying and Selling at Constellation Software

In other Constellation Software news, insider John Edward Billowits sold 1,200 shares of the stock in a transaction dated 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 transaction, the insider directly owned 12,370 shares in the company, valued at C$39,621,110. This represents a 8.84% decrease in their position. Also, Director Jamal Nizam Baksh sold 285 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of C$2,754.86, for a total transaction of C$785,135.10. Following the transaction, the director directly owned 1,307 shares in the company, valued at C$3,600,602.02. This trade represents a 17.90% decrease in their position. Company 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.