Two TSX -Listed AI Stocks Under the Lens: Constellation Software Inc. and Cogeco Communications Inc.

Constellation Software Inc

Section1: Company Overview

Constellation Software Inc. (TSX: CSU) is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care. The firm has operations in North America, Europe, Australia, South America, and Africa.

This “Artificial Intelligence and Emerging Technologies” report covers the Investment Highlights, Key Financial Metrics, Risks, Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

1.1 The Key Positives, Negatives, Investment Highlights, and Risks

Section2:  Financial Highlights

 2.1 Key Financial Highlights

Section 3: Key Metrics

Below charts depict the change in Revenue, Net Cash flow from Operating Activities, Adjusted EBITDA, and Gross Margin of the Company for the latest reported quarter.

Section 4:  Stock Recommendation Summary

4.1 Valuation Methodology: EV to Sales Multiple Based Relative Valuation (Illustrative):

4.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~2.30% and ~2.03% over the last 1 week and 3 months respectively. Moreover, the stock is trading above the average 52-week high price of CAD 5,300.00 and 52-week low price of CAD 3,660.53, providing an opportunity to ride the trend.

4.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as of May 20, 2025). Source: REFINITIV, Analysis: Kalkine Group

4.4 Technical Summary

Cogeco Communications Inc.

Section1: Company Overview

Cogeco Communications Inc. (TSX: CCA) is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services. In internet services, the company offers internet packages with download speeds of up to 120mbps. In video services, the company provides digital tier services, pay-per-view channels, video on-demand services, and 4k television, and telephony services include using internet protocol to transport digitized voice signals.

This “Artificial Intelligence and Emerging Technologies” report covers the Investment Highlights, Key Financial Metrics, Risks, Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

1.1 The Key Positives, Negatives, Investment Highlights, and Risks

Section2:  Financial Highlights

2.1 Key Financial Highlights

Section 3: Key Metrics

Below charts depict the comparison of Revenue, Cash and Cash Equivalent, Adjustment EBITDA, and Gross Margin for the latest reported quarters.

Section 4:  Stock Recommendation Summary

4.1 Valuation Methodology: EV to Sales Multiple Based Relative Valuation (Illustrative):

4.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~2.26% and ~5.04% over the last 1 week and 3 months respectively. Moreover, the stock is trading above the average 52-week high price of CAD 75.09 and 52-week low price of CAD 50.82, providing an opportunity to ride the trend.

4.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as of May 20, 2025). Source: REFINITIV, Analysis: Kalkine Group

4.4 Technical Summary

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, and currency as of May 20, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Dividend Yield may vary as per the stock price movement. 

Note 5: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and the uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.