Constellation Software Inc. (OTCMKTS:CNSWF) Given Average Rating of “Buy” by Brokerages

Constellation Software Inc. (OTCMKTS:CNSWF) has been assigned a consensus rating of “Buy” from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company.

A number of equities research analysts have recently weighed in on CNSWF shares. Zacks Research downgraded Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. National Bank Financial raised shares of Constellation Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Constellation Software in a research report on Thursday, August 13th.

Constellation Software Stock Down 0.0%

OTCMKTS:CNSWF opened at $2,062.18 on Monday. The firm has a market capitalization of $43.70 billion, a price-to-earnings ratio of 45.49 and a beta of 0.98. Constellation Software has a 1-year low of $1,612.70 and a 1-year high of $3,294.90. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.80. The business’s fifty day moving average price is $2,119.12 and its 200 day moving average price is $1,983.58.

Constellation Software (OTCMKTS:CNSWF) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $28.70 EPS for the quarter, topping the consensus estimate of $27.81 by $0.89. Constellation Software had a net margin of 7.60% and a return on equity of 48.87%. The business had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.36 billion. On average, sell-side analysts forecast that Constellation Software will post 119.33 earnings per share for the current fiscal year.

About Constellation Software

Constellation Software Inc is a Canadian technology company that develops, acquires and manages vertical market software businesses. Its subsidiaries provide specialized, mission-critical software designed for organizations in particular industries and professional markets, rather than broad consumer or general-purpose applications.

The company’s software products and services support functions such as public administration, healthcare, education, financial services, construction, hospitality, transportation and other industry-specific operations.