Constellation Software Inc. (OTCMKTS:CNSWF) Receives Average Rating of “Moderate Buy” from Analysts

Constellation Software Inc. (OTCMKTS:CNSWF) has been assigned an average recommendation of “Moderate Buy” from the nine research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company.

CNSWF has been the topic of several research analyst reports. CIBC restated an “outperform” rating on shares of Constellation Software in a research note on Wednesday, October 29th. Zacks Research lowered Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Desjardins raised Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. National Bankshares cut shares of Constellation Software from an “outperform” rating to a “sector perform” rating in a research note on Thursday, September 25th. Finally, National Bank Financial downgraded Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 25th.

Constellation Software Stock Down 4.6%

Shares of OTCMKTS CNSWF opened at $2,099.34 on Friday. The stock’s 50-day simple moving average is $2,375.63 and its 200-day simple moving average is $2,884.69. Constellation Software has a 1 year low of $2,085.20 and a 1 year high of $3,998.72. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 1.01.

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