Constellation Software (OTCMKTS:CNSWF) Reaches New 52-Week Low – Time to Sell?

Constellation Software Inc. (OTCMKTS:CNSWF)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $2,473.00 and last traded at $2,510.00, with a volume of 251 shares traded. The stock had previously closed at $2,557.00.

Analysts Set New Price Targets

CNSWF has been the topic of a number of analyst reports. National Bank Financial cut Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th. Zacks Research raised Constellation Software from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. National Bankshares cut Constellation Software from an “outperform” rating to a “sector perform” rating in a research note on Thursday, September 25th. Desjardins raised Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Constellation Software in a research report on Monday, August 11th. 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Constellation Software Stock Performance

The firm has a market capitalization of $51.07 billion, a P/E ratio of 82.31 and a beta of 1.10. 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 business’s 50 day simple moving average is $2,903.83 and its two-hundred day simple moving average is $3,306.33.

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

Constellation Software Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, October 10th. Stockholders of record on Monday, September 22nd were issued a dividend of $1.00 per share. This represents a dividend yield of 13.0%. The ex-dividend date of this dividend was 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.