Constellation Software Inc. (OTCMKTS:CNSWF) Receives Average Recommendation of “Buy” from Brokerages

Constellation Software Inc. (OTCMKTS:CNSWF) has received an average rating of “Buy” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company.

CNSWF has been the subject of several analyst reports. TD Securities reaffirmed a “buy” rating on shares of Constellation Software in a report on Thursday, May 14th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Constellation Software in a report on Thursday, May 14th. Zacks Research raised Constellation Software from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Constellation Software in a report on Wednesday, May 13th. Finally, National Bank Financial raised Constellation Software from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th.

Constellation Software Stock Performance

CNSWF opened at $1,984.60 on Friday. The company has a market capitalization of $42.05 billion, a PE ratio of 56.61 and a beta of 0.99. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.96 and a quick ratio of 0.94. The business has a fifty day simple moving average of $1,850.99 and a 200 day simple moving average of $2,027.35. Constellation Software has a 1 year low of $1,612.70 and a 1 year high of $3,936.74.

Constellation Software (OTCMKTS:CNSWF) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $24.70 earnings per share for the quarter, missing the consensus estimate of $25.16 by ($0.46). The company had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.14 billion. Constellation Software had a net margin of 6.12% and a return on equity of 49.01%. Research analysts expect that Constellation Software will post 118.53 EPS for the current 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.