Analysts Set Constellation Software Inc. (TSE:CSU) Target Price at C$3,966.67

Constellation Software Inc. (TSE:CSU) has been given a consensus rating of “Moderate Buy” by the six brokerages that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is C$3,966.67.

CSU has been the subject of a number of recent analyst reports. CIBC raised their price target on shares of Constellation Software from C$3,800.00 to C$4,100.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. Raymond James upped their price objective on Constellation Software from C$3,150.00 to C$3,800.00 and gave the company a “market perform” rating in a research note on Thursday, March 7th. Royal Bank of Canada lifted their target price on Constellation Software from C$3,900.00 to C$4,300.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. TD Securities raised their price objective on Constellation Software from C$3,900.00 to C$4,050.00 and gave the stock a “hold” rating in a research note on Thursday, March 7th. Finally, BMO Capital Markets boosted their target price on shares of Constellation Software from C$3,600.00 to C$4,150.00 and gave the company an “outperform” rating in a research note on Thursday, March 7th.

Constellation Software Stock Performance

Shares of CSU stock opened at C$3,711.46 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.61 and a debt-to-equity ratio of 187.76. The stock’s 50-day moving average price is C$3,709.87 and its 200 day moving average price is C$3,381.38. Constellation Software has a 52-week low of C$2,499.99 and a 52-week high of C$3,856.00. The stock has a market capitalization of C$78.65 billion, a PE ratio of 101.60, a price-to-earnings-growth ratio of 1.04 and a beta of 0.79.

Constellation Software (TSE:CSU) last released its quarterly earnings data on Wednesday, March 6th. The company reported C$21.21 EPS for the quarter, missing analysts’ consensus estimates of C$24.21 by C($3.00). The company had revenue of C$3.16 billion for the quarter, compared to analysts’ expectations of C$3.08 billion. Constellation Software had a return on equity of 3.18% and a net margin of 6.72%. As a group, equities research analysts forecast that Constellation Software will post 111.7535101 EPS for the current year.

Constellation Software Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Monday, April 15th were given a $1.358 dividend. This represents a $5.43 dividend on an annualized basis and a dividend yield of 0.15%. The ex-dividend date was Wednesday, March 27th. Constellation Software’s dividend payout ratio is 14.84%.

Insiders Place Their Bets

In other Constellation Software news, Senior Officer John Edward Billowits sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of C$3,762.90, for a total value of C$3,762,900.00. In other Constellation Software news, Senior Officer John Edward Billowits sold 1,000 shares of the stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$3,762.90, for a total transaction of C$3,762,900.00. Also, Director Claire Marie Catherine Kennedy bought 15 shares of Constellation Software stock in a transaction dated Friday, March 22nd. The stock was acquired at an average cost of C$3,787.13 per share, for a total transaction of C$56,806.95. Following the completion of the acquisition, the director now directly owns 67 shares in the company, valued at C$253,737.71. Company insiders own 4.65% of the company’s stock.

Constellation Software Company Profile

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.