Constellation Software (TSE:CSU) Given New C$3,200.00 Price Target at National Bankshares

Constellation Software (TSE:CSU) had its price target cut by National Bankshares from C$4,500.00 to C$3,200.00 in a research report sent to investors on Thursday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Other equities analysts have also issued research reports about the stock. Jefferies Financial Group lowered their price objective on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a research report on Monday, November 10th. Desjardins upgraded shares of Constellation Software to a “moderate buy” rating in a research report on Thursday, October 30th. BMO Capital Markets lowered their price target on shares of Constellation Software from C$5,400.00 to C$4,600.00 in a report on Monday, November 10th. CIBC dropped their price target on Constellation Software from C$5,260.00 to C$4,668.00 in a research report on Friday, January 16th. Finally, National Bank Financial cut Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$4,595.43.

Constellation Software Stock Performance

TSE CSU opened at C$2,713.02 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. Constellation Software has a 1-year low of C$2,624.41 and a 1-year high of C$5,300.00. The business has a 50 day simple moving average of C$3,238.28 and a two-hundred day simple moving average of C$3,910.69. The stock has a market capitalization of C$57.49 billion, a PE ratio of 83.74, a P/E/G ratio of 2.95 and a beta of 0.43.

Constellation Software (TSE:CSU) last issued its quarterly earnings data 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 business had revenue of C$4.10 billion for the quarter. On average, research analysts predict that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Constellation Software Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Monday, January 12th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Friday, December 19th. Constellation Software’s dividend payout ratio is presently 12.35%.

Insider Activity

In related news, insider Barry Alan Symons sold 2,500 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of C$3,304.25, for a total transaction of C$8,260,625.00. Following the completion of the transaction, the insider owned 57,000 shares in the company, valued at C$188,342,250. The trade was a 4.20% decrease in their position. Corporate 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.