Constellation Software (OTCMKTS:CNSWF) Raised to Hold at Zacks Research

Constellation Software (OTCMKTS:CNSWF) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

A number of other research firms have also recently issued reports on CNSWF. Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Software in a research report on Thursday. BMO Capital Markets reiterated an “outperform” rating on shares of Constellation Software in a research note on Wednesday. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Constellation Software in a research note on Friday, January 16th. Finally, TD Securities reaffirmed a “buy” rating on shares of Constellation Software in a research note on Thursday. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Constellation Software has a consensus rating of “Moderate Buy”.

Constellation Software Stock Performance

CNSWF stock opened at $1,840.15 on Wednesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.94 and a current ratio of 0.96. The stock has a market cap of $38.99 billion, a P/E ratio of 52.49 and a beta of 0.97. The firm has a 50 day simple moving average of $1,841.91 and a 200 day simple moving average of $2,077.34. Constellation Software has a 52 week low of $1,612.70 and a 52 week high of $3,936.74.

Constellation Software (OTCMKTS:CNSWF) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $24.70 EPS for the quarter, missing the consensus estimate of $25.16 by ($0.46). The company had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.14 billion. Constellation Software had a return on equity of 49.01% and a net margin of 6.12%. Research analysts anticipate that Constellation Software will post 109.53 earnings per share for the current fiscal year.

About Constellation Software

Constellation Software is a diversified software company that acquires, manages and builds mission-critical software businesses serving a wide range of specialized industries. Its primary focus is on vertical market software, delivering tailored solutions for sectors such as public transit, healthcare, utilities, construction and hospitality. Through its decentralized operating model, Constellation harnesses the expertise of individual business units to develop, implement and support software products that address specific customer needs.

Founded in 1995 by Mark Leonard and headquartered in Toronto, Canada, Constellation Software has grown organically and through strategic acquisitions.