Constellation Software (OTCMKTS:CNSWF) Trading 0.1% Higher - Should You Buy?

Key Points

• Constellation Software shares rose 0.1% to $2,202, with trading volume 16% below the average session volume. The stock’s 50-day and 200-day moving averages were $2,102.26 and $1,969.15, respectively.
• Analyst sentiment remains positive overall, with one Strong Buy, six Buy, and one Hold rating, producing an average rating of “Buy.” However, Zacks Research recently downgraded the stock from Strong Buy to Hold.
• For its latest quarter, the company reported EPS of $28.70, beating estimates by $0.89, while revenue of $3.33 billion fell slightly short of expectations. Constellation operates a diversified portfolio of mission-critical vertical-market software businesses.

Constellation Software Inc. (OTCMKTS:CNSWF - Get Free Report)'s stock price was up 0.1% on Thursday . The company traded as high as $2,287.02 and last traded at $2,202.00. 5,895 shares were traded during trading, a decline of 16% from the average session volume of 7,045 shares. The stock had previously closed at $2,200.00.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Zacks Research downgraded shares of Constellation Software from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 29th. BMO Capital Markets restated an "outperform" rating on shares of Constellation Software in a research report on Wednesday, May 13th. TD Securities reaffirmed a "buy" rating on shares of Constellation Software in a report on Thursday, May 14th. National Bank Financial upgraded Constellation Software from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 27th. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Constellation Software in a report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy".

Constellation Software Stock Performance

The business's fifty day moving average price is $2,102.26 and its two-hundred day moving average price is $1,969.15. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.90 and a current ratio of 0.91. The stock has a market capitalization of $46.66 billion, a P/E ratio of 48.58 and a beta of 0.98.

Constellation Software (OTCMKTS:CNSWF - Get Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $28.70 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $3.36 billion. As a group, sell-side analysts forecast that Constellation Software Inc. will post 119.33 earnings per share for the current year.

Constellation Software Company Profile

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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