Constellation Software (TSE:CSU) Price Target Lowered to C$4,800.00 at Royal Bank Of Canada

Constellation Software (TSE:CSU) had its price target lowered by Royal Bank Of Canada from C$5,600.00 to C$4,800.00 in a report released on Monday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

CSU has been the topic of a number of other research reports. National Bankshares decreased their price target on shares of Constellation Software from C$4,500.00 to C$3,200.00 and set a “sector perform” rating on the stock in a research note on Thursday, January 22nd. Raymond James Financial decreased their target price on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a research report on Monday, November 10th. Desjardins raised shares of Constellation Software to a “moderate buy” rating in a research report on Thursday, October 30th. CIBC cut their price target on shares of Constellation Software from C$5,260.00 to C$4,668.00 in a research note on Friday, January 16th. Finally, TD Securities lowered their price objective on Constellation Software from C$5,700.00 to C$5,300.00 in a research note on Monday, November 10th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$4,481.14.

Constellation Software Trading Up 1.0%

Shares of CSU stock opened at C$2,809.97 on Monday. The firm has a market capitalization of C$59.55 billion, a P/E ratio of 86.73, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43. Constellation Software has a 1 year low of C$2,624.41 and a 1 year high of C$5,300.00. The firm’s fifty day simple moving average is C$3,218.33 and its 200 day simple moving average is C$3,865.13. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83.

Constellation Software (TSE:CSU) last issued its quarterly 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 firm had revenue of C$4.10 billion for the quarter. As a group, sell-side analysts predict that Constellation Software will post 55.4616354 EPS for the current year.

Constellation Software Announces Dividend

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

Insiders Place Their Bets

In other Constellation Software news, insider Barry Alan Symons sold 2,500 shares of Constellation Software stock in a transaction on Monday, November 17th. The stock was 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 transaction, the insider owned 57,000 shares in the company, valued at approximately C$188,342,250. The trade was a 4.20% decrease in their position. 5.69% of the stock is owned by corporate insiders.

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.