06:00:05 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Constellation Software Inc
Symbol CSU
Shares Issued 21,191,530
Close 2024-03-21 C$ 3,797.96
Market Cap C$ 80,484,583,279
Recent Sedar Documents

Globe says RBC's Treiber keen on Constellation, others

2024-03-22 07:46 ET - In the News

Also In the News (C-KXS) Kinaxis Inc
Also In the News (C-OTEX) Open Text Corp
Also In the News (C-SHOP) Shopify Inc

The Globe and Mail reports in its Friday, March 22, edition that on Wednesday RBC Capital Markets analyst Paul Treiber provided his favoured stocks in the domestic technology sector. The Globe's Scott Barlow writes that Mr. Treiber says in a note: "Of the 15 companies in our Canadian technology coverage universe that have reported calendar Q4 earnings, 73 per cent (11 stocks) have exceeded revenue expectations and 27 per cent (four stocks) have missed consensus. This performance is better than that of the 100 largest tech stocks in Canada (the 'Canadian tech top 100'), where 52 per cent exceeded revenue expectations and 48 per cent missed last quarter. Across our coverage, Q4 results have been healthy. However, companies' outlooks or comments regarding 2024 and Q1 have weighed on many stocks, raising concerns such as the sustainability of consumer spending, headwinds from reduced enterprise discretionary spending and elongating enterprise sales cycles, and the magnitude of profitability improvements. For the remainder of 2024, stocks most attractively positioned in our coverage remain Constellation, Shopify, Kinaxis, and OpenText."

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