National Bankshares Issues Pessimistic Forecast for Constellation Software (TSE:CSU) Stock Price

Constellation Software (TSE:CSU) had its price objective decreased by research analysts at National Bankshares from C$4,500.00 to C$3,200.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 15.06% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Royal Bank Of Canada set a C$5,600.00 price target on shares of Constellation Software and gave the stock an “outperform” rating in a report on Wednesday, January 7th. Desjardins raised Constellation Software to a “moderate buy” rating in a research report on Thursday, October 30th. BMO Capital Markets reduced their target price on Constellation Software from C$5,400.00 to C$4,600.00 in a research report on Monday, November 10th. TD Securities decreased their price target on Constellation Software from C$5,700.00 to C$5,300.00 in a research note on Monday, November 10th. Finally, Jefferies Financial Group lowered their price target on Constellation Software from C$5,850.00 to C$4,500.00 in a report on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$4,595.43.

Constellation Software Stock Performance

Shares of Constellation Software stock opened at C$2,781.11 on Thursday. The company has a market capitalization of C$58.94 billion, a PE ratio of 85.84, a P/E/G ratio of 2.95 and a beta of 0.43. The company has a 50-day simple moving average of C$3,227.04 and a two-hundred day simple moving average of C$3,895.29. Constellation Software has a one year low of C$2,624.41 and a one year high of C$5,300.00. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93.

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

Insider Buying and Selling

In related news, insider Barry Alan Symons sold 2,500 shares of the stock in a transaction that occurred 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 owned 57,000 shares in the company, valued at approximately C$188,342,250. This represents a 4.20% decrease in their position. 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.