Constellation Software Inc. (TSE:CSU) Senior Officer Sells C$3,762,900.00 in Stock

Constellation Software Inc. (TSE:CSU) Senior Officer John Edward Billowits sold 1,000 shares of the company’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of C$3,762.90, for a total transaction of C$3,762,900.00.

Constellation Software Price Performance

TSE CSU opened at C$3,700.00 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 has a market capitalization of C$78.40 billion, a PE ratio of 101.93, a price-to-earnings-growth ratio of 1.04 and a beta of 0.81. The company has a 50 day moving average price of C$3,724.60 and a two-hundred day moving average price of C$3,291.58. Constellation Software Inc. has a 12-month low of C$2,413.31 and a 12-month high of C$3,856.00.

Constellation Software (TSE:CSU) last released its quarterly earnings results 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). Constellation Software had a net margin of 6.72% and a return on equity of 3.18%. The firm had revenue of C$3.16 billion during the quarter, compared to the consensus estimate of C$3.08 billion. As a group, equities analysts predict that Constellation Software Inc. will post 111.1339442 earnings per share for the current fiscal year.

Constellation Software Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Monday, April 15th will be given a dividend of $1.358 per share. This represents a $5.43 dividend on an annualized basis and a yield of 0.15%. The ex-dividend date is Wednesday, March 27th. Constellation Software’s dividend payout ratio (DPR) is currently 14.99%.

Analysts Set New Price Targets

Several analysts recently commented on CSU shares. BMO Capital Markets raised their price target on shares of Constellation Software from C$3,600.00 to C$4,150.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Raymond James raised their price target 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 report on Thursday, March 7th. CIBC raised their price target on shares of Constellation Software from C$3,800.00 to C$4,100.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Royal Bank of Canada raised their price target on shares of Constellation Software from C$3,900.00 to C$4,300.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. Finally, TD Securities raised their price target on shares of Constellation Software from C$3,900.00 to C$4,050.00 and gave the stock a “hold” rating in a report on Thursday, March 7th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Constellation Software presently has an average rating of “Moderate Buy” and a consensus price target of C$3,966.67.

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.