Constellation Software (OTCMKTS:CNSWF) Shares Up 0.6% - Should You Buy?

Key Points

• Shares rose about 0.6% in mid-day trading to roughly $1,815 with 8,404 shares changing hands, slightly below average session volume.
• Analysts remain generally positive—Canadian Imperial Bank of Commerce reiterated an "outperform" rating and the consensus on MarketBeat is a "Moderate Buy" (six Buys, two Holds).
• In the most recent quarter Constellation missed EPS at $24.64 versus $29.20 expected, though revenue beat modestly at $3.18 billion versus $3.15 billion; the company has a market cap of $38.46 billion and a P/E of 78.3.

Constellation Software Inc. (OTCMKTS:CNSWF - Get Free Report)'s share price shot up 0.6% during mid-day trading on Monday . The stock traded as high as $1,886.99 and last traded at $1,815.00. 8,404 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 9,634 shares. The stock had previously closed at $1,805.02.

Analysts Set New Price Targets

Separately, Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of Constellation Software in a report on Friday, January 16th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Constellation Software presently has a consensus rating of "Moderate Buy".

Constellation Software Stock Up 0.6%

The business's fifty day moving average is $1,846.80 and its two-hundred day moving average is $2,127.04. The company has a market cap of $38.46 billion, a P/E ratio of 78.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.94 and a current ratio of 0.96.

Constellation Software (OTCMKTS:CNSWF - Get Free Report) last announced its quarterly earnings data on Monday, March 9th. The company reported $24.64 earnings per share for the quarter, missing analysts' consensus estimates of $29.20 by ($4.56). Constellation Software had a net margin of 4.22% and a return on equity of 48.18%. The company had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.15 billion. Equities analysts predict that Constellation Software Inc. will post 116.82 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.

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