Constellation Software (TSE:CSU) PT Raised to C$4,300.00 at BMO Capital Markets

Constellation Software (TSE:CSU) had its target price upped by BMO Capital Markets from C$4,150.00 to C$4,300.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ target price would suggest a potential upside of 18.00% from the stock’s current price.

A number of other equities analysts have also weighed in on the stock. TD Securities boosted their price target on shares of Constellation Software from C$3,900.00 to C$4,050.00 and gave the stock a “hold” rating in a research report on Thursday, March 7th. CIBC boosted their target price on Constellation Software from C$3,800.00 to C$4,100.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Royal Bank of Canada lifted their price objective on Constellation Software from C$3,900.00 to C$4,300.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. Finally, Raymond James upped their target price on Constellation Software from C$3,150.00 to C$3,800.00 and gave the company a “market perform” rating in a report on Thursday, March 7th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$4,008.33.

Constellation Software Trading Down 1.7 %

Shares of Constellation Software stock opened at C$3,644.03 on Monday. The company has a current ratio of 0.61, a quick ratio of 0.55 and a debt-to-equity ratio of 187.76. Constellation Software has a twelve month low of C$2,538.45 and a twelve month high of C$3,856.00. The firm has a market capitalization of C$77.22 billion, a PE ratio of 99.18, a P/E/G ratio of 1.04 and a beta of 0.79. The firm’s 50-day moving average price is C$3,694.70 and its 200 day moving average price is C$3,493.68.

Constellation Software (TSE:CSU) last issued its quarterly earnings results on Wednesday, March 6th. The company reported C$21.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$24.21 by C($3.00). Constellation Software had a return on equity of 3.18% and a net margin of 6.72%. The firm had revenue of C$3.16 billion during the quarter, compared to analyst estimates of C$3.08 billion. On average, sell-side analysts predict that Constellation Software will post 112.7715437 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Senior Officer John Edward Billowits sold 1,000 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$3,762.90, for a total transaction of C$3,762,900.00. In other Constellation Software news, Director Claire Marie Catherine Kennedy purchased 15 shares of the firm’s stock in a transaction on Friday, March 22nd. The stock was bought at an average price of C$3,787.13 per share, with a total value of C$56,806.95. Following the transaction, the director now directly owns 67 shares of the company’s stock, valued at approximately C$253,737.71. Also, Senior Officer John Edward Billowits sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$3,762.90, for a total value of C$3,762,900.00. 5.70% of the stock is currently owned by corporate insiders.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.