Constellation Software Inc. (TSE:CSU) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analysts rate Constellation Software “Moderate Buy”: Eight of nine analysts recommend buying the stock, while one has a hold rating. The average 12-month price target is C$3,884.40.
• Several firms recently raised their price targets, including TD to C$4,200, Desjardins to C$3,900, and National Bank Financial to C$3,700; Jefferies and CIBC also maintain targets below or near current levels.
• Shares opened at C$3,023.96, with a C$64.08 billion market capitalization and a forward-looking analyst consensus of about C$55.46 in earnings per share for the current fiscal year. Two insiders recently sold shares, while insiders collectively own 5.69% of the company.

Shares of Constellation Software Inc. (TSE:CSU - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the nine analysts that are 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 12-month price objective among analysts that have covered the stock in the last year is C$3,884.40.

A number of equities analysts recently issued reports on CSU shares. Jefferies Financial Group raised their target price on Constellation Software from C$3,185.00 to C$3,294.00 in a research note on Thursday, August 13th. TD increased their price objective 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. Desjardins increased their price objective on Constellation Software from C$3,800.00 to C$3,900.00 and gave the company a "buy" rating in a report on Monday, August 10th. Canadian Imperial Bank of Commerce reduced their price objective on Constellation Software from C$4,080.00 to C$4,000.00 in a research note on Thursday, May 14th. Finally, National Bank Financial increased their price target on shares of Constellation Software from C$3,500.00 to C$3,700.00 and gave the stock an "outperform" rating in a report on Thursday, August 13th.

Constellation Software Price Performance

Shares of TSE CSU opened at C$3,023.96 on Friday. The company has a debt-to-equity ratio of 141.06, a quick ratio of 0.55 and a current ratio of 0.90. The company has a market cap of C$64.08 billion, a PE ratio of 66.71, a P/E/G ratio of 2.95 and a beta of 0.59. The business has a 50-day simple moving average of C$2,949.61 and a two-hundred day simple moving average of C$2,732.83. Constellation Software has a fifty-two week low of C$2,196.00 and a fifty-two week high of C$4,634.98.

Constellation Software (TSE:CSU - Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported C$18.37 earnings per share (EPS) for the quarter. The firm had revenue of C$4.74 billion for the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. As a group, equities analysts expect that Constellation Software will post 55.4616354 EPS for the current fiscal year.

Insider Activity at Constellation Software

In related 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 completion of the transaction, the director directly owned 1,307 shares in the company, valued at C$3,600,602.02. The trade was a 17.90% decrease in their position. Also, insider John Edward Billowits sold 1,200 shares of the company's stock in a transaction dated Friday, August 28th. The stock was sold at an average price of C$3,203.00, for a total transaction of C$3,843,600.00. Following the completion of the transaction, the insider owned 12,370 shares of the company's stock, valued at approximately C$39,621,110. This trade represents a 8.84% decrease in their position. 5.69% of the stock is 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.

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