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

Constellation Software Inc. (TSE:CSU) has been given a consensus rating of “Moderate Buy” by the nine research firms that are currently covering the firm, Marketbeat reports. One research 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 brokers that have issued a report on the stock in the last year is C$3,884.40.

Several equities research analysts recently commented on the company. TD raised their target price on Constellation Software from C$4,100.00 to C$4,200.00 and gave the company a “buy” rating in a report on Thursday, May 14th. 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. Raymond James Financial increased their price objective on shares of Constellation Software from C$3,200.00 to C$3,500.00 and gave the company a “market perform” rating in a research report on Wednesday, August 12th. Jefferies Financial Group lifted their price objective on shares of Constellation Software from C$3,185.00 to C$3,294.00 in a research note on Thursday, August 13th. Finally, National Bank Financial boosted their target price on shares of Constellation Software from C$3,500.00 to C$3,700.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th.

Insider Transactions at Constellation Software

In other Constellation Software news, Director Jamal Nizam Baksh sold 285 shares of the business’s stock in a transaction on 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 transaction, the director owned 1,307 shares in the company, valued at C$3,600,602.02. The trade was a 17.90% decrease in their position. 5.69% of the stock is owned by company insiders.

Constellation Software Stock Performance

Shares of CSU stock opened at C$2,990.99 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 141.06. The company has a market cap of C$63.39 billion, a PE ratio of 65.98, a P/E/G ratio of 2.95 and a beta of 0.59. The company’s fifty day simple moving average is C$2,893.21 and its 200-day simple moving average is C$2,672.35. Constellation Software has a 52 week low of C$2,196.00 and a 52 week high of C$4,634.98.

Constellation Software (TSE:CSU) last announced its quarterly earnings results on Tuesday, August 11th. The company reported C$18.37 earnings per share for the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. The firm had revenue of C$4.74 billion during the quarter. As a group, equities research analysts anticipate that Constellation Software will post 55.4616354 EPS for the current 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.