Constellation Software (TSE:CSU) Reaches New 12-Month Low – What’s Next?

Constellation Software Inc. (TSE:CSU)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$3,123.70 and last traded at C$3,158.80, with a volume of 6455 shares. The stock had previously closed at C$3,207.79.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. National Bank Financial cut shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. CIBC dropped their target price on shares of Constellation Software from C$5,480.00 to C$5,260.00 in a report on Monday, December 15th. Jefferies Financial Group reduced their price target on shares of Constellation Software from C$5,850.00 to C$4,500.00 in a report on Monday, November 10th. Royal Bank Of Canada dropped their price objective on shares of Constellation Software from C$6,000.00 to C$5,600.00 in a report on Monday, November 10th. Finally, Raymond James Financial cut their price objective on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a research report on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$4,865.71.

Constellation Software Stock Performance

The stock has a market capitalization of C$67.92 billion, a P/E ratio of 98.91, a P/E/G ratio of 2.95 and a beta of 0.43. The stock has a 50 day simple moving average of C$3,353.58 and a two-hundred day simple moving average of C$4,072.40. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83.

Constellation Software (TSE:CSU) last released its quarterly earnings data on Friday, November 7th. The company reported C$9.89 EPS for the quarter. The company had revenue of C$4.10 billion during the quarter. Constellation Software had a return on equity of 27.34% and a net margin of 6.57%. On average, equities analysts forecast that Constellation Software Inc. will post 55.4616354 EPS for the current fiscal year.

Constellation Software Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Monday, January 12th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Friday, December 19th. Constellation Software’s payout ratio is 12.35%.

Insider Activity

In other news, insider Barry Alan Symons sold 2,500 shares of Constellation Software stock in a transaction that occurred on 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 transaction, the insider directly owned 57,000 shares in the company, valued at approximately C$188,342,250. The trade was a 4.20% decrease in their position. 5.69% of the stock is currently owned by insiders.

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.