Constellation Software Inc. (OTCMKTS:CNSWF) Stock Rated “Buy” by Wall Street Brokerages

Constellation Software Inc. (OTCMKTS:CNSWF) has received an average recommendation of “Buy” from the eight brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company.

Several equities research analysts recently issued reports on CNSWF shares. Zacks Research downgraded shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. Jefferies Financial Group restated a “buy” rating on shares of Constellation Software in a research report on Thursday, August 13th.

Constellation Software Stock Down 2.5%

Shares of CNSWF stock opened at $2,040.32 on Friday. Constellation Software has a 1 year low of $1,612.70 and a 1 year high of $2,950.00. The firm has a market capitalization of $43.23 billion, a P/E ratio of 45.01 and a beta of 1.00. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.79. The firm’s fifty day moving average price is $2,146.04 and its two-hundred day moving average price is $1,994.35.

Constellation Software (OTCMKTS:CNSWF) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $28.70 EPS for the quarter, beating the consensus estimate of $27.81 by $0.89. The firm had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.36 billion. Constellation Software had a return on equity of 47.37% and a net margin of 7.60%. On average, equities analysts predict 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.