Analysts Set Constellation Software Inc. (TSE:CSU) Price Target at C$4,595.43

Constellation Software Inc. (TSE:CSU) has earned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$4,481.14.

A number of brokerages recently weighed in on CSU. Desjardins raised Constellation Software to a “moderate buy” rating in a report on Thursday, October 30th. TD Securities decreased their target price on shares of Constellation Software from C$5,700.00 to C$5,300.00 in a research report on Monday, November 10th. Royal Bank Of Canada cut their price target on shares of Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating for the company in a report on Monday. BMO Capital Markets reduced their price objective on shares of Constellation Software from C$5,400.00 to C$4,600.00 in a research note on Monday, November 10th. Finally, Jefferies Financial Group lowered their target price on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a research report on Monday, November 10th.

Insiders Place Their Bets

In related 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 transaction of C$8,260,625.00. Following the completion of the transaction, the insider directly owned 57,000 shares of the company’s stock, valued at approximately C$188,342,250. The trade was a 4.20% decrease in their ownership of the stock. 5.69% of the stock is owned by insiders.

Constellation Software Trading Down 5.6%

Shares of Constellation Software stock opened at C$2,651.30 on Friday. The firm has a market cap of C$56.19 billion, a price-to-earnings ratio of 81.83, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43. Constellation Software has a 52-week low of C$2,624.41 and a 52-week high of C$5,300.00. The company’s 50-day simple moving average is C$3,206.59 and its 200-day simple moving average is C$3,849.38. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83.

Constellation Software (TSE:CSU) last announced its quarterly earnings data 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 company had revenue of C$4.10 billion for the quarter. As a group, equities research analysts anticipate that Constellation Software will post 55.4616354 earnings per share for the current year.

Constellation Software Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Monday, January 12th were issued a $1.00 dividend. The ex-dividend date was Friday, December 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.2%. Constellation Software’s dividend payout ratio is currently 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.