Constellation Software (CNSWF) to Release Earnings on Monday

Constellation Software (OTCMKTS:CNSWF) is projected to announce its results after the market closes on Monday, March 9th. Analysts expect the company to announce earnings of $29.20 per share and revenue of $3.1495 billion for the quarter.

Constellation Software Trading Down 2.4%

Shares of OTCMKTS:CNSWF opened at $1,865.14 on Monday. The business’s 50 day moving average price is $2,041.58 and its 200-day moving average price is $2,501.52. Constellation Software has a 1 year low of $1,612.70 and a 1 year high of $3,998.72. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 1.01.

Analysts Set New Price Targets

Several analysts have recently issued reports on CNSWF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Constellation Software in a research report on Friday, January 16th. Zacks Research lowered Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

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.