Constellation Software Inc. (OTCMKTS:CNSWF) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Analysts maintain a bullish view: Constellation Software received a consensus “Buy” rating from eight analysts, including six buys, one strong buy and one hold.
• Quarterly earnings exceeded expectations: The company reported EPS of $28.70 versus the $27.81 consensus estimate, while quarterly revenue of $3.33 billion came in slightly below the $3.36 billion forecast.
• Shares show strong valuation and performance metrics: CNSWF opened at $2,175, with a $46.09 billion market capitalization, a P/E ratio of 47.98 and a 1-year trading range of $1,612.70 to $3,400.00.

Constellation Software Inc. (OTCMKTS:CNSWF - Get Free Report) has been given a consensus rating of "Buy" by the eight ratings firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company.

A number of equities research analysts have issued reports on the company. Royal Bank Of Canada reiterated an "outperform" rating on shares of Constellation Software in a research note on Thursday, May 14th. National Bank Financial raised Constellation Software from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 27th. TD Securities reiterated a "buy" rating on shares of Constellation Software in a research report on Thursday, May 14th. BMO Capital Markets reissued an "outperform" rating on shares of Constellation Software in a research note on Wednesday, May 13th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of Constellation Software in a report on Thursday, August 13th.

Constellation Software Stock Performance

CNSWF opened at $2,175.00 on Monday. The company has a 50 day simple moving average of $2,106.06 and a two-hundred day simple moving average of $1,972.23. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.91 and a quick ratio of 0.90. The firm has a market cap of $46.09 billion, a P/E ratio of 47.98 and a beta of 0.98. Constellation Software has a 1-year low of $1,612.70 and a 1-year high of $3,400.00.

Constellation Software (OTCMKTS:CNSWF - Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $28.70 EPS for the quarter, beating the consensus estimate of $27.81 by $0.89. Constellation Software had a net margin of 7.60% and a return on equity of 48.87%. The firm had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.36 billion. Equities analysts forecast that Constellation Software will post 119.33 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.

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