Constellation Software (CNSWF) Expected to Announce Quarterly Earnings on Monday

Constellation Software (OTCMKTS:CNSWF) is projected to announce its results after the market closes on Monday, March 9th. Analysts expect the company to announce earnings of $29.20 per share and revenue of $3.1495 billion for the quarter.

Constellation Software Stock Performance

OTCMKTS CNSWF opened at $2,181.99 on Friday. Constellation Software has a 52-week low of $1,612.70 and a 52-week high of $3,998.72. The company has a fifty day moving average of $1,999.64 and a 200-day moving average of $2,471.24. The company has a market capitalization of $46.24 billion, a P/E ratio of 69.42 and a beta of 1.03. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.00 and a current ratio of 1.02.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Constellation Software in a research note on Friday, January 16th. Zacks Research cut shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

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.