Constellation Software (OTCMKTS:CNSWF) Posts Earnings Results

by · The Markets Daily

Constellation Software (OTCMKTS:CNSWF – Get Free Report) released its earnings results on Tuesday. The company reported $28.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $27.81 by $0.89, Zacks reports. Constellation Software had a net margin of 6.12% and a return on equity of 47.59%.

Constellation Software Stock Down 1.8%

Shares of OTCMKTS CNSWF traded down $41.97 during midday trading on Tuesday, hitting $2,301.03. The stock had a trading volume of 2,692 shares, compared to its average volume of 10,391. The business’s 50 day moving average is $2,040.72 and its 200-day moving average is $1,921.74. Constellation Software has a 52 week low of $1,612.70 and a 52 week high of $3,572.00. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 0.80. The company has a market cap of $48.76 billion, a P/E ratio of 65.63 and a beta of 0.98.

Analyst Ratings Changes

Several analysts recently weighed in on the company. BMO Capital Markets restated an “outperform” rating on shares of Constellation Software in a research note on Wednesday, May 13th. National Bank Financial upgraded Constellation Software from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Jefferies Financial Group reissued a “buy” rating on shares of Constellation Software in a report on Saturday, May 23rd. Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Software in a research note on Thursday, May 14th. Finally, TD Securities restated a “buy” rating on shares of Constellation Software in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Constellation Software currently has an average rating of “Buy”.

Get Our Latest Analysis on Constellation Software

Constellation Software Company Profile

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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.

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