Constellation Software Inc. (TSE:CSU) Given Average Recommendation of “Moderate Buy” by Analysts

Constellation Software Inc. (TSE:CSU) has received an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$3,823.50.

A number of analysts recently weighed in on CSU shares. UBS Group decreased their price objective on Constellation Software from C$4,500.00 to C$4,250.00 in a report on Tuesday, March 31st. BMO Capital Markets decreased their price target on shares of Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. National Bank Financial raised shares of Constellation Software from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$3,400.00 to C$3,500.00 in a research report on Wednesday, May 27th. Raymond James Financial reduced their target price on Constellation Software from C$3,700.00 to C$3,200.00 and set a “market perform” rating for the company in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada decreased their target price on Constellation Software from C$4,800.00 to C$4,500.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th.

Insider Buying and Selling

In other Constellation Software news, Director Jamal Nizam Baksh sold 285 shares of the company’s stock in a transaction on 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 transaction, the director owned 1,307 shares in the company, valued at approximately C$3,600,602.02. This represents a 17.90% decrease in their ownership of the stock. Company insiders own 5.69% of the company’s stock.

Constellation Software Stock Down 4.4%

TSE CSU opened at C$2,658.52 on Friday. The stock has a market capitalization of C$56.34 billion, a PE ratio of 75.83, a PEG ratio of 2.95 and a beta of 0.59. The company has a debt-to-equity ratio of 143.18, a current ratio of 0.91 and a quick ratio of 0.55. Constellation Software has a fifty-two week low of C$2,196.00 and a fifty-two week high of C$4,922.93. The business has a fifty day moving average price of C$2,787.15 and a two-hundred day moving average price of C$2,671.38.

Constellation Software (TSE:CSU) last issued its earnings results on Tuesday, May 12th. The company reported C$24.08 earnings per share for the quarter. Constellation Software had a net margin of 6.08% and a return on equity of 20.79%. The firm had revenue of C$4.42 billion for the quarter. Equities analysts expect that Constellation Software will post 55.4616354 earnings per share 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.