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

Shares of Constellation Software Inc. (TSE:CSU) have received an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the stock, 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 target price among brokers that have covered the stock in the last year is C$3,833.50.

Several equities research analysts have recently weighed in on CSU shares. TD raised their price objective on Constellation Software from C$4,100.00 to C$4,200.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. BMO Capital Markets cut their target price on Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Raymond James Financial reduced their target price on Constellation Software from C$3,700.00 to C$3,200.00 and set a “market perform” rating for the company in a report on Wednesday, May 13th. National Bank Financial upgraded Constellation Software from a “sector perform” rating to an “outperform” rating and increased their price target for the company from C$3,400.00 to C$3,500.00 in a research report on Wednesday, May 27th. Finally, Desjardins lifted their price target on Constellation Software from C$3,800.00 to C$3,900.00 and gave the stock a “buy” rating in a research note on Monday.

Insider Buying and Selling

In other Constellation Software news, Director Jamal Nizam Baksh sold 285 shares of the firm’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 in the company, valued at C$3,600,602.02. This trade represents a 17.90% decrease in their ownership of the stock. Corporate insiders own 5.69% of the company’s stock.

Constellation Software Stock Performance

Shares of CSU opened at C$3,304.36 on Tuesday. The stock has a market capitalization of C$70.03 billion, a P/E ratio of 94.25, a P/E/G ratio of 2.95 and a beta of 0.59. Constellation Software has a 12-month low of C$2,196.00 and a 12-month high of C$4,922.93. 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 firm’s 50 day moving average is C$2,871.80 and its 200-day moving average is C$2,659.13.

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

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.