Constellation Software (TSE:CSU) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Constellation Software Inc. (TSE:CSU)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2,661.76 and traded as high as C$2,680.50. Constellation Software shares last traded at C$2,667.24, with a volume of 36,356 shares changing hands.

Analyst Ratings Changes

A number of research firms recently commented on CSU. Desjardins decreased their price target on Constellation Software from C$3,900.00 to C$3,800.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Jefferies Financial Group lowered their target price on Constellation Software from C$3,500.00 to C$3,185.00 and set a “buy” rating for the company in a research note on Monday, May 25th. Royal Bank Of Canada cut their price target on Constellation Software from C$4,800.00 to C$4,500.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. TD upped their price target on shares of Constellation Software from C$4,100.00 to C$4,200.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Finally, UBS Group lowered their price objective on shares of Constellation Software from C$4,500.00 to C$4,250.00 in a research report on Tuesday, March 31st. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$3,823.50.

Constellation Software Trading Up 4.0%

The company has a quick ratio of 0.55, a current ratio of 0.91 and a debt-to-equity ratio of 143.18. The company has a market cap of C$56.52 billion, a P/E ratio of 76.08, a P/E/G ratio of 2.95 and a beta of 0.59. The business has a 50-day moving average price of C$2,791.61 and a two-hundred day moving average price of C$2,661.76.

Constellation Software (TSE:CSU) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C$24.08 EPS for the quarter. Constellation Software had a return on equity of 20.79% and a net margin of 6.08%.The firm had revenue of C$4.42 billion during the quarter. On average, analysts predict that Constellation Software Inc. will post 55.4616354 EPS for the current year.

Insiders Place Their Bets

In other Constellation Software news, Director Jamal Nizam Baksh sold 285 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of C$2,754.86, for a total value of C$785,135.10. Following the transaction, the director directly owned 1,307 shares of the company’s stock, valued at approximately C$3,600,602.02. This trade represents a 17.90% decrease in their ownership of the stock. 5.69% of the stock is owned by corporate insiders.

About Constellation Software

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.