Constellation Software (OTCMKTS:CNSWF) Shares Up 0.6% – Should You Buy?

Constellation Software Inc. (OTCMKTS:CNSWF) was up 0.6% during trading on Monday . The company traded as high as $1,886.99 and last traded at $1,815.00. Approximately 8,404 shares traded hands during trading, a decline of 13% from the average daily volume of 9,634 shares. The stock had previously closed at $1,805.02.

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Constellation Software in a research report on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Constellation Software presently has an average rating of “Moderate Buy”.

Constellation Software Stock Performance

The business’s 50-day moving average price is $1,846.80 and its 200-day moving average price is $2,127.04. The company has a current ratio of 0.96, a quick ratio of 0.94 and a debt-to-equity ratio of 0.90. The stock has a market cap of $38.46 billion, a PE ratio of 78.30 and a beta of 0.97.

Constellation Software (OTCMKTS:CNSWF) last issued its quarterly earnings data on Monday, March 9th. The company reported $24.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $29.20 by ($4.56). Constellation Software had a return on equity of 48.18% and a net margin of 4.22%.The firm had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.15 billion. As a group, equities research analysts expect that Constellation Software Inc. will post 116.82 earnings per share for the current fiscal year.

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.