Constellation Software Inc. (TSE:CSU) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Constellation Software Inc. (TSE:CSU) has been given an average rating of “Moderate Buy” by the seven brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is C$4,897.14.

Several equities analysts recently issued reports on the company. CIBC raised their price target on Constellation Software from C$5,450.00 to C$5,480.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. Raymond James Financial reduced their target price 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 cut shares of Constellation Software from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from C$5,500.00 to C$4,500.00 in a research report on Friday, September 26th. Jefferies Financial Group cut their price objective on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a report on Monday, November 10th. Finally, Royal Bank Of Canada reduced their price objective on shares of Constellation Software from C$6,000.00 to C$5,600.00 in a research note on Monday, November 10th.

Constellation Software Price Performance

CSU opened at C$3,293.42 on Thursday. 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 market capitalization of C$69.79 billion, a P/E ratio of 101.65, a price-to-earnings-growth ratio of 2.95 and a beta of 0.58. The company’s 50 day simple moving average is C$3,598.29 and its 200-day simple moving average is C$4,334.98. Constellation Software has a one year low of C$3,155.60 and a one year high of C$5,300.00.

Constellation Software (TSE:CSU) last posted its quarterly earnings data on Friday, November 7th. The company reported C$9.89 earnings per share (EPS) for the quarter. The firm 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%. Sell-side analysts anticipate that Constellation Software will post 55.4616354 earnings per share for the current fiscal year.

Constellation Software Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, October 10th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, September 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.1%. Constellation Software’s payout ratio is 12.35%.

Insider Buying and Selling

In related news, insider Mark Robert Miller bought 275 shares of the business’s stock in a transaction on Friday, September 26th. The shares were purchased at an average price of C$3,695.14 per share, with a total value of C$1,016,163.50. Following the completion of the purchase, the insider owned 11,753 shares of the company’s stock, valued at C$43,428,980.42. This represents a 2.40% increase in their position. 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.