UBS Group Issues Pessimistic Forecast for Constellation Software (TSE:CSU) Stock Price

Constellation Software (TSE:CSU) had its price objective lowered by stock analysts at UBS Group from C$4,500.00 to C$4,250.00 in a report issued on Tuesday,BayStreet.CA reports. UBS Group’s target price indicates a potential upside of 73.85% from the stock’s current price.

Several other research analysts have also recently weighed in on the company. TD Securities boosted their target price on Constellation Software from C$4,000.00 to C$4,100.00 and gave the stock a “buy” rating in a report on Tuesday, March 10th. Raymond James Financial cut their price target on Constellation Software from C$4,300.00 to C$3,700.00 and set a “market perform” rating for the company in a report on Tuesday, March 10th. BMO Capital Markets reduced their price objective on Constellation Software from C$4,600.00 to C$4,200.00 in a research report on Tuesday, March 10th. National Bank Financial boosted their price objective on Constellation Software from C$3,200.00 to C$3,400.00 and gave the stock a “sector perform” rating in a research note on Tuesday, March 10th. Finally, Canadian Imperial Bank of Commerce dropped their target price on Constellation Software from C$4,688.00 to C$4,610.00 and set an “outperform” rating for the company in a report on Tuesday, March 10th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$4,195.00.

Constellation Software Stock Performance

TSE:CSU opened at C$2,444.57 on Tuesday. The company has a market cap of C$51.81 billion, a P/E ratio of 101.22, a P/E/G ratio of 2.95 and a beta of 0.33. Constellation Software has a twelve month low of C$2,196.00 and a twelve month high of C$5,300.00. The company’s 50-day moving average price is C$2,530.47 and its 200-day moving average price is C$3,168.99. The company has a current ratio of 0.96, a quick ratio of 0.55 and a debt-to-equity ratio of 161.87.

Constellation Software (TSE:CSU) last announced its quarterly earnings data on Monday, March 9th. The company reported C$7.12 earnings per share (EPS) for the quarter. The company had revenue of C$4.19 billion during the quarter. Constellation Software had a net margin of 4.40% and a return on equity of 15.35%. On average, sell-side analysts forecast that Constellation Software will post 55.4616354 earnings per share for the current fiscal year.

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.