Constellation Software (OTCMKTS:CNSWF) Posts Quarterly Earnings Results

Constellation Software (OTCMKTS:CNSWF) issued its earnings results on Tuesday. The company reported $24.70 EPS for the quarter, missing the consensus estimate of $25.16 by ($0.46), Zacks reports. The company had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.14 billion. Constellation Software had a return on equity of 49.01% and a net margin of 6.12%.

Constellation Software Trading Up 0.6%

OTCMKTS:CNSWF traded up $10.00 on Thursday, reaching $1,805.00. The stock had a trading volume of 700 shares, compared to its average volume of 11,690. The company has a market cap of $38.25 billion, a price-to-earnings ratio of 51.48 and a beta of 0.97. 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 firm’s fifty day moving average is $1,844.57 and its two-hundred day moving average is $2,083.35. Constellation Software has a 12-month low of $1,612.70 and a 12-month high of $3,936.74.

Wall Street Analysts Forecast Growth

CNSWF has been the topic of several research analyst reports. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Constellation Software in a research report on Friday, January 16th. Zacks Research lowered shares of Constellation Software from a “hold” rating to a “strong sell” rating in a research report on Friday, May 1st. Finally, BMO Capital Markets restated an “outperform” rating on shares of Constellation Software in a research report on Wednesday. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Constellation Software Company Profile

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.