Constellation Software (TSE:CSU) Given a C$5,600.00 Price Target by Royal Bank Of Canada Analysts

Royal Bank Of Canada set a C$5,600.00 price objective on Constellation Software (TSE:CSU) in a report issued on Wednesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other research firms have also recently commented on CSU. National Bankshares cut shares of Constellation Software from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from C$5,500.00 to C$4,500.00 in a research report on Friday, September 26th. National Bank Financial downgraded Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. CIBC lowered their target price on Constellation Software from C$5,480.00 to C$5,260.00 in a research report on Monday, December 15th. Jefferies Financial Group cut their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. Finally, Desjardins raised Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Constellation Software currently has an average rating of “Moderate Buy” and an average target price of C$4,865.71.

Constellation Software Trading Down 0.0%

TSE:CSU opened at C$3,255.35 on Wednesday. The firm has a market capitalization of C$68.99 billion, a P/E ratio of 100.47, a P/E/G ratio of 2.95 and a beta of 0.43. The business has a 50 day simple moving average of C$3,339.68 and a 200 day simple moving average of C$4,055.70. The company has a debt-to-equity ratio of 169.83, a current ratio of 0.93 and a quick ratio of 0.55. Constellation Software has a 12-month low of C$3,123.70 and a 12-month high of C$5,300.00.

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

Constellation Software Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 12th. Investors of record on Monday, January 12th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, December 19th. This represents a $4.00 annualized dividend and a yield of 0.1%. Constellation Software’s dividend payout ratio (DPR) is currently 12.35%.

Insider Buying and Selling

In other Constellation Software news, insider Barry Alan Symons sold 2,500 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of C$3,304.25, for a total value of C$8,260,625.00. Following the completion of the sale, the insider directly owned 57,000 shares of the company’s stock, valued at approximately C$188,342,250. This represents a 4.20% decrease in their position. Company 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.