Key Points
- Director Jamal Nizam Baksh sold 149 Constellation Software shares at an average price of C$2,871.23, generating proceeds of approximately C$427,813. Following the transaction, his holdings fell 51.03% to 143 shares.
- Constellation Software reported quarterly EPS of C$18.37 on C$4.74 billion in revenue, with a 7.57% net margin and 25.24% return on equity. The company also announced a quarterly dividend of $1.00 per share, equivalent to a 0.1% yield.
- Analysts remain broadly positive, with eight Buy ratings and one Hold rating, producing a consensus “Moderate Buy” rating and an average price target of C$3,884.40.
Constellation Software Inc. (TSE:CSU - Get Free Report) Director Jamal Nizam Baksh sold 149 shares of the business's stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of C$2,871.23, for a total value of C$427,813.27. Following the completion of the sale, the director owned 143 shares in the company, valued at C$410,585.89. This represents a 51.03% decrease in their position.
Constellation Software Price Performance
Shares of CSU opened at C$2,981.21 on Friday. The company has a market cap of C$63.18 billion, a P/E ratio of 65.77, a PEG ratio of 2.95 and a beta of 0.59. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 141.06. Constellation Software Inc. has a fifty-two week low of C$2,196.00 and a fifty-two week high of C$4,110.00. The firm's 50 day moving average price is C$2,999.48 and its 200 day moving average price is C$2,771.89.
Constellation Software (TSE:CSU - Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported C$18.37 earnings per share (EPS) for the quarter. The company had revenue of C$4.74 billion during the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. On average, research analysts forecast that Constellation Software Inc. will post 55.4616354 earnings per share for the current fiscal year.
Constellation Software Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, October 9th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, September 18th. Constellation Software's dividend payout ratio (DPR) is 8.82%.
Analysts Set New Price Targets
A number of brokerages recently issued reports on CSU. National Bank Financial upped their price target on Constellation Software from C$3,500.00 to C$3,700.00 and gave the company an "outperform" rating in a report on Thursday, August 13th. Raymond James Financial raised their price objective on shares of Constellation Software from C$3,200.00 to C$3,500.00 and gave the stock a "market perform" rating in a report on Wednesday, August 12th. Royal Bank Of Canada set a C$4,400.00 price objective on shares of Constellation Software and gave the stock an "outperform" rating in a research report on Wednesday, August 26th. Desjardins upped their target price on shares of 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. Finally, Jefferies Financial Group increased their target price on shares of Constellation Software from C$3,185.00 to C$3,294.00 in a research report on Thursday, August 13th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$3,884.40.
Check Out Our Latest Research Report on CSU
Constellation Software Company Profile
(
Get Free Report)
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.
Further Reading
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