Constellation Software (OTCMKTS:CNSWF) Stock Price Down 5.6% - Time to Sell?

Key Points

• Constellation Software's stock dropped 5.6% on Monday, closing at $3,049.00 after a high of $3,230.00, with trading volume significantly lower than average.
• Analysts maintain a consensus rating of "Buy" for the stock, with recent reports from TD Securities and Royal Bank Of Canada reaffirming this outlook.
• The company declared a $1.00 dividend payable on October 10th, representing a 13.0% dividend yield for stockholders of record as of September 22nd.

Constellation Software Inc. (OTCMKTS:CNSWF - Get Free Report)'s stock price traded down 5.6% during mid-day trading on Monday . The stock traded as low as $3,048.30 and last traded at $3,049.00. 1,121 shares were traded during trading, a decline of 42% from the average session volume of 1,937 shares. The stock had previously closed at $3,230.00.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Zacks Research upgraded Constellation Software from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 13th. TD Securities reiterated a "buy" rating on shares of Constellation Software in a report on Monday, August 11th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Constellation Software in a report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Constellation Software has a consensus rating of "Buy".

Constellation Software Stock Down 4.2%

The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 1.06. The business's 50 day moving average is $3,339.03 and its 200 day moving average is $3,422.57.

Constellation Software (OTCMKTS:CNSWF - Get Free Report) last issued its quarterly earnings results on Friday, August 8th. The company reported $24.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $18.71 by $5.60. The business had revenue of $2.84 billion for the quarter, compared to the consensus estimate of $2.86 billion. Constellation Software had a return on equity of 53.92% and a net margin of 5.77%. On average, sell-side analysts predict that Constellation Software Inc. will post 77.19 EPS for the current fiscal year.

Constellation Software Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, October 10th. Investors of record on Monday, September 22nd will be given a $1.00 dividend. This represents a dividend yield of 13.0%. The ex-dividend date of this dividend is Friday, September 19th. Constellation Software's dividend payout ratio is presently 13.66%.

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.