Constellation Software (TSE:CSU) Sets New 52-Week Low – Should You Sell?

Constellation Software Inc. (TSE:CSU) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as C$2,791.01 and last traded at C$2,791.01, with a volume of 28320 shares traded. The stock had previously closed at C$2,844.99.

Wall Street Analyst Weigh In

CSU has been the topic of a number of recent analyst reports. Royal Bank Of Canada set a C$5,600.00 price target on shares of Constellation Software and gave the company an “outperform” rating in a report on Wednesday, January 7th. Jefferies Financial Group reduced their target price on Constellation Software from C$5,850.00 to C$4,500.00 in a report on Monday, November 10th. Desjardins raised Constellation Software to a “moderate buy” rating in a research report on Thursday, October 30th. National Bankshares downgraded Constellation Software from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$5,500.00 to C$4,500.00 in a report on Friday, September 26th. Finally, BMO Capital Markets reduced their price objective on Constellation Software from C$5,400.00 to C$4,600.00 in a research note on Monday, November 10th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$4,781.14.

Constellation Software Stock Up 1.4%

The business’s 50 day simple moving average is C$3,249.57 and its 200-day simple moving average is C$3,919.07. 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 company has a market cap of C$57.36 billion, a price-to-earnings ratio of 83.55, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43.

Constellation Software (TSE:CSU) last posted its quarterly earnings results on Friday, November 7th. The company reported C$9.89 earnings per share for the quarter. The business 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%. Sell-side analysts expect that Constellation Software Inc. will post 55.4616354 earnings per share for the current year.

Constellation Software Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Monday, January 12th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.1%. Constellation Software’s dividend payout ratio (DPR) is 12.35%.

Insider Activity at Constellation Software

In related news, insider Barry Alan Symons sold 2,500 shares of the 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 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 ownership of the stock. Insiders own 5.69% of the company’s stock.

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.