Constellation Software Inc. (TSE:CSU) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have received a consensus rating of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is C$4,595.43.

A number of research firms recently issued reports on CSU. National Bankshares cut their price target on Constellation Software from C$4,500.00 to C$3,200.00 and set a “sector perform” rating for the company in a report on Thursday. BMO Capital Markets reduced their target price on shares of Constellation Software from C$5,400.00 to C$4,600.00 in a research report on Monday, November 10th. National Bank Financial cut shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th. TD Securities lowered their price target on shares of Constellation Software from C$5,700.00 to C$5,300.00 in a report on Monday, November 10th. Finally, CIBC reduced their price objective on Constellation Software from C$5,260.00 to C$4,668.00 in a report on Friday, January 16th.

Insider Transactions at Constellation Software

In related news, insider Barry Alan Symons sold 2,500 shares of Constellation Software stock in a transaction dated 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 sale, the insider directly owned 57,000 shares in the company, valued at C$188,342,250. This trade represents a 4.20% decrease in their ownership of the stock. 5.69% of the stock is currently owned by corporate insiders.

Constellation Software Stock Performance

TSE:CSU opened at C$2,713.02 on Friday. The stock has a market capitalization of C$57.49 billion, a P/E ratio of 83.74, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43. 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 has a 1 year low of C$2,624.41 and a 1 year high of C$5,300.00. The firm has a 50 day moving average of C$3,238.28 and a 200-day moving average of C$3,910.69.

Constellation Software (TSE:CSU) last released its quarterly earnings results on Friday, November 7th. The company reported C$9.89 earnings per share 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 during the quarter. As a group, sell-side analysts anticipate that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Constellation Software Announces Dividend

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

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.