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

Shares of Constellation Software Inc. (OTCMKTS:CNSWF) have been given an average recommendation of “Buy” by the eight research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company.

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Constellation Software in a research note on Saturday, May 23rd. TD Securities reiterated a “buy” rating on shares of Constellation Software in a research note on Thursday, May 14th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Constellation Software in a research note on Thursday, May 14th. Zacks Research upgraded shares of Constellation Software from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Constellation Software in a research report on Wednesday, May 13th.

Constellation Software Trading Down 1.8%

Shares of OTCMKTS:CNSWF opened at $1,914.86 on Wednesday. Constellation Software has a 52-week low of $1,612.70 and a 52-week high of $3,936.74. The company has a market capitalization of $40.58 billion, a P/E ratio of 54.62 and a beta of 0.99. The company has a 50-day simple moving average of $1,953.34 and a 200 day simple moving average of $1,982.18. 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 (EPS) for the quarter, missing the consensus estimate of $25.16 by ($0.46). Constellation Software had a net margin of 6.12% and a return on equity of 47.59%. The firm had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.14 billion. Sell-side analysts forecast that Constellation Software will post 118.53 earnings per share 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.