Constellation Software (TSE:CSU) Sets New 1-Year Low – Here’s Why

Shares of Constellation Software Inc. (TSE:CSU) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$2,791.01 and last traded at C$2,791.01, with a volume of 28320 shares. The stock had previously closed at C$2,844.99.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CSU shares. TD Securities decreased their target price on Constellation Software from C$5,700.00 to C$5,300.00 in a research report on Monday, November 10th. Raymond James Financial decreased their price objective on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a report on Monday, November 10th. National Bankshares lowered shares of Constellation Software from an “outperform” rating to a “sector perform” rating and dropped their target price for the company from C$5,500.00 to C$4,500.00 in a research report on Friday, September 26th. 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. Finally, Desjardins raised shares of Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$4,781.14.

Constellation Software Stock Down 1.9%

The firm has a 50-day moving average of C$3,274.32 and a two-hundred day moving average of C$3,944.06. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. The company has a market capitalization of C$59.15 billion, a PE ratio of 86.14, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43.

Constellation Software (TSE:CSU) last announced its quarterly earnings results on Friday, November 7th. The company reported C$9.89 earnings per share for the quarter. The business had revenue of C$4.10 billion during the quarter. Constellation Software had a net margin of 6.57% and a return on equity of 27.34%. Equities research analysts predict that Constellation Software Inc. will post 55.4616354 earnings per share for the current fiscal year.

Constellation Software Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Monday, January 12th were issued a $1.00 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a $4.00 annualized dividend and a yield of 0.1%. Constellation Software’s dividend payout ratio (DPR) is 12.35%.

Insider Activity

In other Constellation Software news, insider Barry Alan Symons sold 2,500 shares of Constellation Software stock in a transaction dated Monday, November 17th. The stock was sold at an average price of C$3,304.25, for a total transaction of C$8,260,625.00. Following the completion of the sale, the insider directly owned 57,000 shares of the company’s stock, valued at C$188,342,250. The trade was a 4.20% decrease in their position. Company insiders own 5.69% of the company’s stock.

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.