Constellation Software (TSE:CSU) Reaches New 12-Month Low – Here’s Why

Shares of Constellation Software Inc. (TSE:CSU) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$2,450.00 and last traded at C$2,454.25, with a volume of 191399 shares trading hands. The stock had previously closed at C$2,512.96.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. BMO Capital Markets dropped their target price on shares of Constellation Software from C$5,400.00 to C$4,600.00 in a research note on Monday, November 10th. Desjardins raised Constellation Software to a “moderate buy” rating in a research report on Thursday, October 30th. Jefferies Financial Group cut their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a research note on Monday, November 10th. Royal Bank Of Canada decreased their price target on Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating for the company in a research note on Monday, January 26th. Finally, CIBC lowered their price target on Constellation Software from C$5,260.00 to C$4,668.00 in a report on Friday, January 16th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Constellation Software presently has a consensus rating of “Moderate Buy” and an average price target of C$4,481.14.

Constellation Software Stock Up 8.5%

The company’s 50-day moving average price is C$3,106.96 and its 200 day moving average price is C$3,752.93. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. The stock has a market cap of C$52.62 billion, a PE ratio of 76.64, a price-to-earnings-growth ratio of 2.95 and a beta of 0.10.

Constellation Software (TSE:CSU) last announced its earnings results on Friday, November 7th. The company reported C$9.89 earnings per share (EPS) for the quarter. The company 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%. As a group, analysts forecast that Constellation Software Inc. will post 55.4616354 EPS for the current fiscal year.

Constellation Software Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Monday, January 12th were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a $4.00 annualized dividend and a dividend yield of 0.2%. Constellation Software’s dividend payout ratio (DPR) is 12.35%.

Insider Buying and Selling at Constellation Software

In related news, insider Barry Alan Symons sold 2,500 shares of the business’s 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.

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.