Constellation Software Inc. (TSE:CSU) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Constellation Software Inc. (TSE:CSU) have received an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$3,823.50.

A number of research firms have weighed in on CSU. Jefferies Financial Group decreased their price target on Constellation Software from C$3,500.00 to C$3,185.00 and set a “buy” rating for the company in a report on Monday, May 25th. TD Securities upped their target price on Constellation Software from C$4,000.00 to C$4,100.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Royal Bank Of Canada cut their target price on Constellation Software from C$4,800.00 to C$4,500.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. TD upped their target price on Constellation Software from C$4,100.00 to C$4,200.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Finally, National Bank Financial raised Constellation Software from a “sector perform” rating to an “outperform” rating and upped their target price for the company from C$3,400.00 to C$3,500.00 in a research report on Wednesday, May 27th.

Insider Activity

In related news, Director Jamal Nizam Baksh sold 285 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of C$2,754.86, for a total transaction of C$785,135.10. Following the sale, the director owned 1,307 shares in the company, valued at C$3,600,602.02. This represents a 17.90% decrease in their ownership of the stock. Corporate insiders own 5.69% of the company’s stock.

Constellation Software Stock Up 1.9%

TSE CSU opened at C$2,818.02 on Monday. The stock has a market cap of C$59.72 billion, a PE ratio of 80.38, a P/E/G ratio of 2.95 and a beta of 0.53. Constellation Software has a fifty-two week low of C$2,196.00 and a fifty-two week high of C$5,060.70. The business has a 50 day moving average price of C$2,702.39 and a two-hundred day moving average price of C$2,741.90. The company has a quick ratio of 0.55, a current ratio of 0.91 and a debt-to-equity ratio of 143.18.

Constellation Software (TSE:CSU) last released its quarterly earnings results on Tuesday, May 12th. The company reported C$24.08 earnings per share for the quarter. The firm had revenue of C$4.42 billion during the quarter. Constellation Software had a return on equity of 20.79% and a net margin of 6.08%. As a group, sell-side analysts predict that Constellation Software will post 55.4616354 EPS for the current fiscal year.

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.