Constellation Software Inc. (TSE:CSU) Receives C$3,966.67 Consensus Target Price from Analysts

Shares of Constellation Software Inc. (TSE:CSU) have earned an average rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is C$3,966.67.

A number of equities research analysts have issued reports on CSU shares. Royal Bank of Canada upped their target price on Constellation Software from C$3,900.00 to C$4,300.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. Raymond James upped their price target on Constellation Software from C$3,150.00 to C$3,800.00 and gave the stock a “market perform” rating in a report on Thursday, March 7th. CIBC upped their price target on Constellation Software from C$3,800.00 to C$4,100.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. TD Securities upped their price target on Constellation Software from C$3,900.00 to C$4,050.00 and gave the stock a “hold” rating in a report on Thursday, March 7th. Finally, BMO Capital Markets upped their price target on Constellation Software from C$3,600.00 to C$4,150.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th.

Insider Activity at Constellation Software

In related news, Senior Officer John Edward Billowits sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$3,762.90, for a total value of C$3,762,900.00. In other Constellation Software news, Senior Officer John Edward Billowits sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$3,762.90, for a total value of C$3,762,900.00. Also, Director Claire Marie Catherine Kennedy purchased 15 shares of the stock in a transaction on Friday, March 22nd. The stock was bought at an average price of C$3,787.13 per share, for a total transaction of C$56,806.95. Following the completion of the transaction, the director now directly owns 67 shares of the company’s stock, valued at C$253,737.71. 4.65% of the stock is currently owned by corporate insiders.

Constellation Software Stock Down 1.0 %

Shares of Constellation Software stock opened at C$3,661.67 on Friday. The stock has a market capitalization of C$77.59 billion, a P/E ratio of 100.24, a PEG ratio of 1.04 and a beta of 0.79. The company has a quick ratio of 0.55, a current ratio of 0.61 and a debt-to-equity ratio of 187.76. The stock has a 50 day moving average price of C$3,708.95 and a two-hundred day moving average price of C$3,389.66. Constellation Software has a 12-month low of C$2,499.99 and a 12-month high of C$3,856.00.

Constellation Software (TSE:CSU) last announced its earnings results on Wednesday, March 6th. The company reported C$21.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$24.21 by C($3.00). The company had revenue of C$3.16 billion for the quarter, compared to the consensus estimate of C$3.08 billion. Constellation Software had a return on equity of 3.18% and a net margin of 6.72%. Equities analysts expect that Constellation Software will post 111.7535101 earnings per share for the current year.

Constellation Software Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 15th were paid a $1.358 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $5.43 dividend on an annualized basis and a dividend yield of 0.15%. Constellation Software’s payout ratio is 14.84%.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.