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

Constellation Software Inc. (OTCMKTS:CNSWF) has 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 given a buy rating and one has issued a strong buy rating on the company.

A number of equities analysts recently weighed in on the company. Zacks Research cut Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Jefferies Financial Group reissued a “buy” rating on shares of Constellation Software in a research note on Thursday, August 13th.

Constellation Software Price Performance

Shares of OTCMKTS:CNSWF opened at $2,080.05 on Friday. The firm has a market capitalization of $44.08 billion, a PE ratio of 45.89 and a beta of 1.00. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.89 and a current ratio of 0.90. Constellation Software has a 52-week low of $1,612.70 and a 52-week high of $2,950.00. The firm has a fifty day moving average of $2,147.05 and a 200 day moving average of $1,992.01.

Constellation Software (OTCMKTS:CNSWF) last released its quarterly earnings results on Tuesday, August 11th. The company reported $28.70 earnings per share for the quarter, beating analysts’ consensus estimates of $27.81 by $0.89. Constellation Software had a return on equity of 47.37% and a net margin of 7.60%.The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.36 billion. As a group, research analysts anticipate that Constellation Software will post 119.33 EPS for the current fiscal year.

About Constellation Software

Constellation Software Inc is a Canadian technology company that acquires, develops and manages specialized software businesses. Rather than concentrating on a single software product, the company operates a portfolio of independent businesses that provide mission-critical applications to customers in specific industries and markets.

Its software products and services support organizations across sectors such as healthcare, education, government, financial services, hospitality, construction, real estate, transportation and infrastructure.