Constellation Software Inc. (OTCMKTS:CNSWF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Constellation Software Inc. (OTCMKTS:CNSWF) has been given a consensus recommendation of “Moderate Buy” by the nine research firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company.

Several equities analysts have commented on CNSWF shares. National Bankshares lowered Constellation Software from an “outperform” rating to a “sector perform” rating in a research report on Thursday, September 25th. National Bank Financial cut shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. Desjardins upgraded shares of Constellation Software to a “moderate buy” rating in a report on Thursday, October 30th. Zacks Research downgraded shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Finally, CIBC reissued an “outperform” rating on shares of Constellation Software in a research report on Friday.

Constellation Software Price Performance

Constellation Software stock opened at $1,931.59 on Friday. Constellation Software has a fifty-two week low of $1,928.50 and a fifty-two week high of $3,998.72. The stock’s 50 day simple moving average is $2,353.73 and its two-hundred day simple moving average is $2,837.97. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 1.01.

Constellation Software (OTCMKTS:CNSWF) last announced its earnings results on Friday, November 7th. The company reported $21.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $27.84 by ($6.13). Constellation Software had a return on equity of 51.25% and a net margin of 5.97%.The firm had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $2.99 billion. As a group, equities analysts forecast that Constellation Software will post 77.19 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.