Constellation Software (OTCMKTS:CNSWF) Hits New 52-Week Low – Should You Sell?

Constellation Software Inc. (OTCMKTS:CNSWF) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $2,265.1298 and last traded at $2,271.50, with a volume of 4361 shares trading hands. The stock had previously closed at $2,319.23.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. 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. CIBC reaffirmed an “outperform” rating on shares of Constellation Software in a research report on Wednesday, October 29th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Constellation Software in a report on Monday, August 11th. TD Securities reissued a “buy” rating on shares of Constellation Software in a report on Monday, August 11th. Finally, National Bankshares downgraded shares of Constellation Software from an “outperform” rating to a “sector perform” rating in a report on Thursday, September 25th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Constellation Software presently has an average rating of “Moderate Buy”.

Constellation Software Trading Up 2.2%

The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.06. The business’s 50 day moving average price is $2,697.46 and its 200-day moving average price is $3,218.67. The company has a market cap of $49.70 billion, a price-to-earnings ratio of 80.10 and a beta of 1.10.

Constellation Software (OTCMKTS:CNSWF) last announced its quarterly earnings data on Friday, November 7th. The company reported $21.71 earnings per share for the quarter, missing the consensus estimate of $27.84 by ($6.13). The company had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.99 billion. Constellation Software had a net margin of 5.77% and a return on equity of 53.92%. On average, equities analysts anticipate that Constellation Software Inc. will post 77.19 EPS for the current fiscal year.

Constellation Software Announces Dividend

The business also recently declared a dividend, which was paid on Friday, October 10th. Stockholders of record on Monday, September 22nd were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, September 19th. This represents a dividend yield of 13.0%. Constellation Software’s dividend payout ratio is presently 12.73%.

Constellation Software Company Profile

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.