Constellation Software (OTCMKTS:CNSWF) Cut to “Hold” at National Bank Financial

National Bank Financial lowered shares of Constellation Software (OTCMKTS:CNSWF) from a strong-buy rating to a hold rating in a report published on Thursday morning,Zacks.com reports.

Other equities analysts have also issued reports about the company. National Bankshares lowered Constellation Software from an “outperform” rating to a “sector perform” rating in a research note on Thursday. TD Securities reiterated a “buy” rating on shares of Constellation Software in a research note on Monday, August 11th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Constellation Software in a research note on Monday, August 11th. Finally, Zacks Research upgraded Constellation Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Constellation Software Stock Down 6.3%

Constellation Software stock opened at $2,623.24 on Thursday. The stock has a fifty day moving average price of $3,274.22 and a 200 day moving average price of $3,408.22. Constellation Software has a 52 week low of $2,585.32 and a 52 week high of $3,998.72. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.06.

Constellation Software (OTCMKTS:CNSWF) last released its earnings results on Friday, August 8th. The company reported $24.31 EPS for the quarter, beating the consensus estimate of $18.71 by $5.60. The firm had revenue of $2.84 billion during the quarter, compared to analyst estimates of $2.86 billion. Constellation Software had a return on equity of 53.92% and a net margin of 5.77%. As a group, analysts expect that Constellation Software will post 77.19 earnings per share for the current year.

Constellation Software Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, October 10th. Shareholders of record on Monday, September 22nd will be issued a dividend of $1.00 per share. This represents a yield of 13.0%. The ex-dividend date of this dividend is Friday, September 19th. Constellation Software’s dividend payout ratio (DPR) is currently 13.66%.

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.