Constellation Software (OTCMKTS:CNSWF) Posts Earnings Results, Misses Estimates By $6.13 EPS

Key Points

• EPS missed: Constellation Software reported quarterly EPS of $21.71, missing analysts' consensus of $27.84 by $6.13.
• Dividend announced and paid: the company issued a $1.00 dividend (record date Sept. 22, paid Oct. 10) which the article reports as a 13.0% dividend yield and a 13.66% payout ratio.
• Stock moves and valuation: shares rose to $2,414.09 on Friday (volume 5,413 vs. avg. 2,527), with a market cap of $51.15 billion and a PE ratio of 82.45, while analyst sentiment remains generally positive (average rating: Buy — 2 Strong Buy, 6 Buy, 2 Hold).

Constellation Software (OTCMKTS:CNSWF - Get Free Report) announced its quarterly earnings results on Friday. The company reported $21.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $27.84 by ($6.13), Zacks reports. Constellation Software had a net margin of 5.77% and a return on equity of 53.92%.

Constellation Software Price Performance

Shares of OTCMKTS:CNSWF traded up $4.10 on Friday, hitting $2,414.09. The company had a trading volume of 5,413 shares, compared to its average volume of 2,527. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 1.06. The company has a market cap of $51.15 billion, a PE ratio of 82.45 and a beta of 1.10. Constellation Software has a 52-week low of $2,364.87 and a 52-week high of $3,998.72. The business has a 50 day moving average of $2,887.73 and a 200 day moving average of $3,300.11.

Constellation Software Announces Dividend

The business also recently declared a dividend, which was paid on Friday, October 10th. Stockholders of record on Monday, September 22nd were issued a $1.00 dividend. This represents a dividend yield of 13.0%. The ex-dividend date of this dividend was Friday, September 19th. Constellation Software's payout ratio is 13.66%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. National Bank Financial lowered shares of Constellation Software from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 25th. CIBC reaffirmed an "outperform" rating on shares of Constellation Software in a research note on Wednesday, October 29th. Desjardins upgraded Constellation Software to a "moderate buy" rating in a research report on Thursday, October 30th. Zacks Research raised Constellation Software from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 15th. Finally, National Bankshares cut Constellation Software from an "outperform" rating to a "sector perform" rating in a research report on Thursday, September 25th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, Constellation Software presently has an average rating of "Buy".

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.

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