Constellation Software (TSE:CSU) Given a C$5,600.00 Price Target by Royal Bank Of Canada Analysts

Constellation Software (TSE:CSU) has been given a C$5,600.00 price target by equities researchers at Royal Bank Of Canada in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 69.08% from the company’s current price.

Several other equities research analysts have also weighed in on the company. Jefferies Financial Group reduced their price objective on Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. Raymond James Financial decreased their price target on Constellation Software from C$5,250.00 to C$4,300.00 in a research report on Monday, November 10th. CIBC dropped their price target on Constellation Software from C$5,480.00 to C$5,260.00 in a research note on Monday, December 15th. Desjardins raised shares of Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Finally, National Bank Financial downgraded shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Constellation Software has a consensus rating of “Moderate Buy” and a consensus target price of C$4,865.71.

Constellation Software Price Performance

Shares of Constellation Software stock opened at C$3,311.96 on Wednesday. Constellation Software has a 52 week low of C$3,123.70 and a 52 week high of C$5,300.00. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. The stock has a market cap of C$70.19 billion, a PE ratio of 102.22, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43. The company’s 50-day moving average price is C$3,334.19 and its two-hundred day moving average price is C$4,050.54.

Constellation Software (TSE:CSU) last announced its quarterly earnings data on Friday, November 7th. The company reported C$9.89 earnings per share (EPS) for the quarter. Constellation Software had a net margin of 6.57% and a return on equity of 27.34%. The company had revenue of C$4.10 billion for the quarter. As a group, sell-side analysts anticipate that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Insider Activity at Constellation Software

In other news, insider Barry Alan Symons sold 2,500 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of C$3,304.25, for a total value of C$8,260,625.00. Following the transaction, the insider directly owned 57,000 shares of the company’s stock, valued at approximately C$188,342,250. This represents a 4.20% decrease in their ownership of the stock. 5.69% of the stock is currently 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.