Constellation Software (OTCMKTS:CNSWF) Stock Price Down 5.6% - Should You 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.

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

Analysts Set New Price Targets

Several research firms have recently weighed in on CNSWF. TD Securities reissued a "buy" rating on shares of Constellation Software in a report on Monday, August 11th. Zacks Research raised Constellation Software from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 13th. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of Constellation Software in a report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Constellation Software currently has a consensus rating of "Buy".

Constellation Software Price Performance

The company has a 50 day moving average price of $3,350.60 and a 200 day moving average price of $3,425.30. The firm has a market cap of $64.45 billion, a PE ratio of 103.87 and a beta of 1.15. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.96.

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

Constellation Software Dividend Announcement

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

About Constellation Software

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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