Constellation Software Inc. (OTCMKTS:CNSWF) Receives Consensus Rating of “Buy” from Analysts

Shares of Constellation Software Inc. (OTCMKTS:CNSWF) have been assigned an average rating of “Buy” from the eight brokerages that are covering the firm, MarketBeat reports. Six analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of brokerages recently commented on CNSWF. BMO Capital Markets restated an “outperform” rating on shares of Constellation Software in a research note on Wednesday, May 13th. Jefferies Financial Group reissued a “buy” rating on shares of Constellation Software in a report on Saturday, May 23rd. Zacks Research raised Constellation Software from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. National Bank Financial upgraded Constellation Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Constellation Software in a research note on Thursday, May 14th.

Constellation Software Trading Up 2.6%

Shares of Constellation Software stock opened at $1,870.70 on Friday. Constellation Software has a 52-week low of $1,612.70 and a 52-week high of $3,596.82. The stock’s 50-day simple moving average is $1,993.50 and its 200 day simple moving average is $1,926.22. The stock has a market capitalization of $39.64 billion, a P/E ratio of 53.36 and a beta of 1.00. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.90 and a current ratio of 0.91.

Constellation Software (OTCMKTS:CNSWF) last issued its earnings results on Tuesday, May 12th. The company reported $24.70 earnings per share for the quarter, missing analysts’ consensus estimates of $25.16 by ($0.46). The business had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.14 billion. Constellation Software had a return on equity of 47.59% and a net margin of 6.12%. As a group, research analysts anticipate 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.