Overview
Constellation Software Inc., based in Canada, operates primarily in the technology sector, specializing in the development, acquisition, and management of software companies catering to specific industries. Established in 1995, the firm has grown significantly through strategic acquisitions, encompassing a vast portfolio of vertical market software (VMS) companies. Its substantial growth strategy involves identifying and purchasing niche software businesses globally, which then operate under the larger corporate umbrella while maintaining considerable autonomy. Key industries served by Constellation include public and private sector organizations requiring specialized software solutions for operations and management, making it a pivotal entity in the technology domain focused on maximizing the efficacy and integration of software across diverse sectors.
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Basic Stats
The share price of Constellation Software Inc. as of June 7, 2024 is $2,803.95 / share. The market cap (or net worth) of Constellation Software Inc. as of September 5, 2025 is $59,419.99 MM.
The Factor Analysis chart (below right) shows a view of Constellation Software Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 59,419.99 MM |
| EV | 62,268.99 MM |
| Shares Out. | 21.19 MM |
| Earnings Date | |
| EPS (TTM) | 30.25 |
| Dividend Yield | |
| Ex-Dividend Date | 2025-09-19 |
| Borrow Rate | 0.38 |
| Short Shares Avail. | 0.04 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | 92.70 |
| Price/Book | 14.92 |
| Price/TBV | -12.89 |
| Book/Market | 0.07 |
| EBIT/EV | 0.02 |
| EBIT(3yr avg)/EV | 0.01 |
| ROA | 0.05 |
| ROE | 0.22 |
| ROIC | 0.07 |
| CROIC | 0.08 |
| OCROIC | 0.27 |
| Implied Volatility | |
| Put/Call OI Ratio |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Constellation Software Inc. is $4,088.91. The forecasts range from a low of $3,811.43 to a high of $4,528.43. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Constellation Software Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2023-12-20 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-11-10 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-11-10 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-28 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-27 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-24 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-08-23 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-08-14 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-13 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-13 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-08-12 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-05-26 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-05-25 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-05-16 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-05-16 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-05-15 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-05-15 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-05-15 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-05-14 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-03-30 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-03-30 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-03-30 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2023-03-29 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2022-12-13 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-12-12 | STA Research | Hold | Maintains | |
| 2022-11-21 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-11-07 | BMO Financial | 2450 | 2250 | Downgrade |
| 2022-11-07 | STA Research | Hold | Maintains | |
| 2022-11-07 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-11-04 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-08-05 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-05-05 | Raymond James Capital | Market Perform | Initiate | |
| 2022-05-05 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-05-04 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-05-04 | STA Research | Hold | Maintains | |
| 2022-03-23 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-03-15 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-03-14 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2022-03-03 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-03-03 | Scotiabank Capital | Outperform | Maintains | |
| 2022-02-11 | BMO Financial | Outperform | Initiate | |
| 2022-02-11 | Scotiabank Capital | Outperform | Maintains | |
| 2022-02-09 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-02-09 | Scotiabank Capital | Outperform | Maintains | |
| 2022-01-07 | Scotiabank Capital | Outperform | Maintains | |
| 2021-11-26 | ScotiaBankFinancial | Outperform | Maintains | |
| 2021-11-05 | Sbank | Outperform | Maintains | |
| 2021-10-29 | CIBC World Markets | Outperform | Initiate | |
| 2021-10-28 | RBC Capital | Buy | Reiterate | |
| 2021-09-21 | Sbank | Outperform | Maintains | |
| 2021-08-20 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-08-19 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2021-08-05 | CIBC World Markets | Outperform | Initiate | |
| 2021-07-06 | RBC Capital | Outperform | Maintains | |
| 2021-05-05 | CIBC World Markets | Outperform | Maintains | |
| 2021-04-22 | Sbank | 1800 | 1900 | Upgrade |
| 2021-04-05 | RBC Capital | Outperform | Maintains | |
| 2020-12-21 | Raymond James Financial | Market Perform | Initiate | |
| 2020-11-03 | BMO Capital Markets | 1600 | 1650 | Upgrade |
| 2020-08-07 | BMO Capital Markets | 1700 | 1800 | Upgrade |
| 2020-08-07 | Sbank | 1600 | 1700 | Upgrade |
| 2020-08-05 | PI Financial | Buy | Initiate | |
| 2020-07-28 | Sbank | 1500 | 1600 | Upgrade |
| 2020-06-15 | CIBC World Markets | 1550 | 1750 | Upgrade |
| 2020-05-06 | PI Financial | Buy | Initiate | |
| 2020-03-23 | Sbank | 1600 | 1500 | Downgrade |
| 2020-03-10 | PI Financial | Neutral | Buy | Upgrade |
| 2020-02-14 | Raymond James Financial | Market Perform | Initiate | |
| 2020-02-11 | PI Financial | Neutral | Initiate | |
| 2019-11-04 | National Bank Financial | Sector Perform Under Weight | Reiterate | |
| 2019-11-02 | Raymond James Financial | Market Perform | Initiate | |
| 2019-10-29 | CIBC World Markets | 1350 | 1550 | Upgrade |
| 2019-08-06 | BMO Capital Markets | 1300 | 1400 | Upgrade |
| 2019-07-26 | CIBC World Markets | 1250 | 1350 | Upgrade |
| 2019-05-03 | Raymond James Financial | Market Perform | Initiate | |
| 2019-02-17 | RBC Capital | 1250 | 1350 | Upgrade |
| 2019-02-15 | Raymond James Financial | 930 | 1200 | Upgrade |
| 2019-02-12 | $950.00 | Market Perform | Outperform | Upgrade |
| 2018-10-26 | Raymond James Financial | Market Perform | Initiate | |
| 2018-10-26 | Industrial Alliance Securities | 940 | 900 | Downgrade |
| 2018-07-10 | $900.00 | Neutral | Outperform | Upgrade |
| 2018-04-27 | CIBC World Markets | 865 | 900 | Upgrade |
| 2018-02-16 | Barclays | 770 | 850 | Upgrade |
| 2018-02-16 | BMO Capital Markets | 840 | 900 | Upgrade |
| 2018-02-16 | CIBC World Markets | 800 | 856 | Upgrade |
| 2018-01-17 | BMO Capital Markets | Market Perform | Initiate | |
| 2018-01-16 | Sbank | Sector Perform | Outperform | Upgrade |
| 2017-10-30 | Barclays | 700 | 770 | Upgrade |
| 2017-10-30 | CIBC World Markets | 725 | 765 | Upgrade |
| 2017-07-28 | Barclays | 674 | 700 | Upgrade |
| 2017-05-01 | Sbank | Sector Perform | Maintains | |
| 2017-05-01 | BMO Capital Markets | Market Perform | Maintains | |
| 2017-04-21 | RBC Capital | Outperform | Maintains | |
| 2017-02-21 | Barclays | Equal-Weight | Maintains | |
| 2017-02-17 | Sbank | Sector Perform | Maintains | |
| 2017-02-17 | Raymond James Financial | Market Perform | Maintains | |
| 2016-11-14 | Sbank | Outperform | Sector Perform | Maintains |
| 2016-10-28 | Sbank | Outperform | Maintains | |
| 2016-10-27 | Sbank | Outperform | Maintains | |
| 2016-10-03 | RBC Capital | Outperform | Maintains | |
| 2016-08-16 | Raymond James Financial | At Market Perform | Maintains | |
| 2016-07-29 | Sbank | Outperform | Maintains | |
| 2016-05-02 | BMO Capital Markets | At Market Perform | Maintains | |
| 2016-04-29 | Sbank | Sector Perform | Outperform | Maintains |
| 2016-04-29 | Barclays | Equal Weight | Maintains | |
| 2016-04-29 | RBC Capital | Outperform | Maintains | |
| 2016-02-22 | BMO Capital Markets | At Market Perform | Maintains | |
| 2016-02-17 | Sbank | Sector Perform | Maintains | |
| 2016-01-04 | RBC Capital | Sector Perform | Maintains | |
| 2015-10-30 | Sbank | Sector Outperform | Sector Perform | Downgrade |
| 2015-10-30 | Barclays | Equal Weight | Maintains | |
| 2015-10-29 | Sbank | Sector Outperform | Maintains | |
| 2015-07-31 | Sbank | Sector Outperform | Maintains | |
| 2015-05-04 | BMO Capital Markets | At Market Perform | Maintains | |
| 2015-02-27 | Research Capital | Sector Perform | Maintains | |
| 2015-02-20 | RBC Capital | Sector Perform | Maintains | |
| 2014-11-18 | Barclays | Equal Weight | Maintains | |
| 2014-11-04 | RBC Capital | Sector Perform | Maintains | |
| 2014-11-04 | Sbank | Sector Perform | Maintains | |
| 2014-11-04 | BMO Capital Markets | At Market Perform | Maintains | |
| 2014-03-05 | Sbank | Sector Perform | Maintains | |
| 2014-03-04 | National Bank Financial | Sector Perform | Underperform | Downgrade |
| 2014-03-03 | BMO Capital Markets | At Market Perform | Maintains | |
| 2013-12-18 | CIBC World Markets | Sector Perform | Maintains | |
| 2013-12-17 | RBC Capital | Outperform | Maintains | |
| 2013-10-31 | Sbank | Sector Perform | Maintains | |
| 2013-10-18 | RBC Capital | Outperform | Maintains | |
| 2013-09-11 | Sbank | Sector Outperform | Sector Perform | Downgrade |
| 2013-08-02 | RBC Capital | Outperform | Maintains | |
| 2013-08-02 | BMO Capital Markets | At Market Perform | Maintains | |
| 2013-07-11 | TD Securities | Buy | Maintains | |
| 2013-06-07 | CIBC World Markets | Sector Perform | Maintains | |
| 2013-05-06 | BMO Capital Markets | At Market Perform | Maintains | |
| 2013-05-03 | TD Securities | Buy | Maintains | |
| 2013-04-30 | CIBC World Markets | Sector Perform | Maintains | |
| 2013-04-30 | Sbank | Sector Outperform | Maintains | |
| 2013-04-01 | RBC Capital | Top Pick | Outperform | Downgrade |
| 2013-03-06 | CIBC World Markets | Sector Perform | Maintains | |
| 2013-02-21 | Sbank | Sector Outperform | Initiate | |
| 2024-07-31 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-07-16 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-05-14 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2024-05-13 | TD COWEN | Hold | Hold | Maintains |
| 2024-03-10 | ARC INDEPENDENT RESEARCH | Buy | Hold | Downgrade |
| 2024-03-06 | TD SECURITIES | Hold | Hold | Maintains |
| 2023-12-19 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-11-09 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-11-09 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2025-03-12 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-03-09 | TD COWEN | Hold | Hold | Maintains |
| 2025-03-09 | ARC INDEPENDENT RESEARCH | Hold | Hold | Maintains |
| 2025-03-09 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2025-03-08 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-12-18 | JEFFERIES | Buy | Buy | Maintains |
| 2024-12-18 | TD COWEN | Hold | Hold | Maintains |
| 2024-12-11 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-12-09 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
| 2024-11-19 | ARC INDEPENDENT RESEARCH | Hold | Hold | Maintains |
| 2024-11-09 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-07-09 | TD COWEN | Hold | Buy | Upgrade |
| 2025-06-23 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-05-22 | ARC INDEPENDENT RESEARCH | Hold | Hold | Maintains |
| 2025-05-12 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-05-11 | JEFFERIES | Buy | Buy | Maintains |
| 2025-05-06 | VERITAS INVESTMENT RESEARCH | Buy | Buy | Maintains |
