Constellation Software Inc. (TSE:CSU - Get Free Report) Director Claire Marie Catherine Kennedy purchased 15 shares of the company's stock in a transaction on Friday, March 22nd. The stock was bought at an average cost of C$3,787.13 per share, for a total transaction of C$56,806.95. Following the acquisition, the director now directly owns 67 shares of the company's stock, valued at approximately C$253,737.71.
Constellation Software Trading Down 0.9 %
TSE CSU opened at C$3,629.99 on Thursday. Constellation Software Inc. has a twelve month low of C$2,499.99 and a twelve month high of C$3,856.00. The company has a debt-to-equity ratio of 187.76, a quick ratio of 0.55 and a current ratio of 0.61. The stock has a market cap of C$76.92 billion, a price-to-earnings ratio of 100.33, a PEG ratio of 1.04 and a beta of 0.81. The firm's 50 day moving average price is C$3,714.87 and its two-hundred day moving average price is C$3,350.34.
Constellation Software (TSE:CSU - Get Free Report) last posted its quarterly earnings results on Wednesday, March 6th. The company reported C$21.21 EPS for the quarter, missing the consensus estimate of C$24.21 by C($3.00). Constellation Software had a net margin of 6.72% and a return on equity of 3.18%. The company had revenue of C$3.16 billion for the quarter, compared to analysts' expectations of C$3.08 billion. Equities analysts anticipate that Constellation Software Inc. will post 114.7020408 EPS for the current year.
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The business also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Monday, April 15th will be issued a dividend of $1.358 per share. This represents a $5.43 annualized dividend and a dividend yield of 0.15%. The ex-dividend date is Wednesday, March 27th. Constellation Software's dividend payout ratio is currently 15.04%.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the company. CIBC upped their price target on 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. Royal Bank of Canada upped their price target on Constellation Software from C$3,900.00 to C$4,300.00 and gave the company an "outperform" rating in a report on Thursday, March 7th. BMO Capital Markets lifted their price objective on shares of Constellation Software from C$3,600.00 to C$4,150.00 and gave the stock an "outperform" rating in a research report on Thursday, March 7th. TD Securities lifted their price objective on shares of Constellation Software from C$3,900.00 to C$4,050.00 and gave the stock a "hold" rating in a research report on Thursday, March 7th. Finally, Raymond James lifted their price objective on shares of Constellation Software from C$3,150.00 to C$3,800.00 and gave the stock a "market perform" rating in a research report on Thursday, March 7th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$3,966.67.
Check Out Our Latest Report on Constellation Software
About Constellation Software
(
Get Free Report)
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.
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