Constellation Software (OTCMKTS:CNSWF) Shares Up 0.6% – Time to Buy?

Constellation Software Inc. (OTCMKTS:CNSWF)’s share price traded up 0.6% during trading on Monday . The company traded as high as $2,431.00 and last traded at $2,399.6499. 9,999 shares traded hands during mid-day trading, an increase of 116% from the average session volume of 4,639 shares. The stock had previously closed at $2,384.8201.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. National Bank Financial downgraded shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. CIBC restated an “outperform” rating on shares of Constellation Software in a research note on Wednesday, October 29th. Zacks Research downgraded Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. National Bankshares lowered Constellation Software from an “outperform” rating to a “sector perform” rating in a report on Thursday, September 25th. Finally, Desjardins upgraded Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Constellation Software Stock Performance

The company has a debt-to-equity ratio of 1.01, a current ratio of 1.02 and a quick ratio of 1.00. The firm has a 50-day moving average of $2,391.93 and a 200-day moving average of $2,904.18.

Constellation Software (OTCMKTS:CNSWF) last issued its quarterly earnings results on Friday, November 7th. The company reported $21.71 EPS for the quarter, missing analysts’ consensus estimates of $27.84 by ($6.13). The firm had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.99 billion. Constellation Software had a return on equity of 51.25% and a net margin of 5.97%. On average, analysts expect that Constellation Software Inc. will post 77.19 earnings per share for the current fiscal year.

About Constellation Software

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.