Constellation Software Inc. (TSE:CSU) Senior Officer John Edward Billowits sold 2,000 shares of the business’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of C$1,167.50, for a total transaction of C$2,335,000.00. Following the sale, the insider now directly owns 17,688 shares of the company’s stock, valued at C$20,650,740.
TSE:CSU opened at C$1,146.95 on Friday. Constellation Software Inc. has a 1-year low of C$814.32 and a 1-year high of C$1,210.00. The stock has a market capitalization of $25.01 billion and a P/E ratio of 63.40. The company has a quick ratio of 0.61, a current ratio of 0.72 and a debt-to-equity ratio of 107.94.
Constellation Software (TSE:CSU) last released its quarterly earnings data on Wednesday, February 13th. The company reported C$11.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$9.54 by C$2.14. The business had revenue of C$1.10 billion during the quarter, compared to analysts’ expectations of C$1.05 billion. Analysts predict that Constellation Software Inc. will post 38.3499981770004 earnings per share for the current fiscal year.
A number of brokerages have recently issued reports on CSU. Royal Bank of Canada boosted their target price on shares of Constellation Software from C$1,250.00 to C$1,350.00 in a research note on Sunday, February 17th. National Bank Financial boosted their target price on shares of Constellation Software from C$1,000.00 to C$1,200.00 and gave the company a “sector perform” rating in a research note on Friday, February 15th. BMO Capital Markets boosted their target price on shares of Constellation Software to C$1,200.00 and gave the company an “outperform” rating in a research note on Thursday, February 14th. raised shares of Constellation Software from a “market perform” rating to an “outperform” rating in a research note on Tuesday, February 12th. Finally, Raymond James reaffirmed a “market perform” rating and issued a C$1,200.00 price objective on shares of Constellation Software in a research note on Friday, May 3rd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Constellation Software presently has an average rating of “Buy” and an average target price of C$1,150.00.
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About Constellation Software
Constellation Software Inc, together with its subsidiaries, engages in the development, installation, and customization of software to various markets in the United States, Canada, the United Kingdom, Europe, and internationally. It operates through two segments, Public Sector and Private Sector. The Public Sector segment develops and distributes software solutions primarily to government and government-related customers.
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