Constellation Software (OTCMKTS:CNSWF) Posts Earnings Results, Beats Estimates By $0.89 EPS

Constellation Software (OTCMKTS:CNSWF) announced its quarterly earnings data on Tuesday. The company reported $28.70 EPS for the quarter, topping analysts’ consensus estimates of $27.81 by $0.89, Zacks reports. Constellation Software had a return on equity of 47.59% and a net margin of 6.12%.

Constellation Software Stock Down 1.8%

Shares of OTCMKTS:CNSWF traded down $41.97 on Tuesday, hitting $2,301.03. 2,692 shares of the company’s stock were exchanged, compared to its average volume of 10,391. Constellation Software has a 1-year low of $1,612.70 and a 1-year high of $3,572.00. The company has a market capitalization of $48.76 billion, a PE ratio of 65.63 and a beta of 0.98. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.90 and a current ratio of 0.91. The firm’s 50-day moving average is $2,040.72 and its 200 day moving average is $1,921.74.

Wall Street Analyst Weigh In

CNSWF has been the topic of several analyst reports. TD Securities reaffirmed a “buy” rating on shares of Constellation Software in a report on Thursday, May 14th. BMO Capital Markets reiterated an “outperform” rating on shares of Constellation Software in a report on Wednesday, May 13th. National Bank Financial raised shares of Constellation Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Zacks Research lowered shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Constellation Software in a research report on Saturday, May 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “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.