Constellation Software Inc. (TSE:CSU) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Constellation Software Inc. (TSE:CSU) have been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$3,823.50.

CSU has been the subject of a number of analyst reports. BMO Capital Markets decreased their price target on Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating for the company in a report on Wednesday, May 13th. UBS Group dropped their price objective on shares of Constellation Software from C$4,500.00 to C$4,250.00 in a research note on Tuesday, March 31st. Desjardins reduced their target price on shares of Constellation Software from C$3,900.00 to C$3,800.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Raymond James Financial decreased their target price on shares of Constellation Software from C$3,700.00 to C$3,200.00 and set a “market perform” rating for the company in a research note on Wednesday, May 13th. Finally, Jefferies Financial Group lowered their price target on shares of Constellation Software from C$3,500.00 to C$3,185.00 and set a “buy” rating for the company in a report on Monday, May 25th.

Insiders Place Their Bets

In other Constellation Software news, Director Jamal Nizam Baksh sold 285 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of C$2,754.86, for a total value of C$785,135.10. Following the completion of the transaction, the director directly owned 1,307 shares of the company’s stock, valued at C$3,600,602.02. This represents a 17.90% decrease in their position. 5.69% of the stock is currently owned by insiders.

Constellation Software Price Performance

Shares of TSE CSU opened at C$2,825.42 on Friday. Constellation Software has a 1-year low of C$2,196.00 and a 1-year high of C$5,060.70. The business has a 50-day moving average of C$2,770.17 and a 200-day moving average of C$2,683.49. The company has a debt-to-equity ratio of 143.18, a current ratio of 0.91 and a quick ratio of 0.55. The company has a market capitalization of C$59.88 billion, a price-to-earnings ratio of 80.59, a PEG ratio of 2.95 and a beta of 0.59.

Constellation Software (TSE:CSU) last posted its earnings results on Tuesday, May 12th. The company reported C$24.08 earnings per share (EPS) for the quarter. The business had revenue of C$4.42 billion during the quarter. Constellation Software had a return on equity of 20.79% and a net margin of 6.08%. On average, equities analysts anticipate that Constellation Software will post 55.4616354 EPS for the current fiscal year.

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.