Constellation Software (OTCMKTS:CNSWF) Shares Gap Up – Should You Buy?

Constellation Software Inc. (OTCMKTS:CNSWF)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $1,990.00, but opened at $2,199.99. Constellation Software shares last traded at $2,031.38, with a volume of 568 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Constellation Software in a research report on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Constellation Software Stock Down 5.0%

The firm has a fifty day moving average price of $1,961.24 and a 200 day moving average price of $2,430.52. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $38.88 billion, a price-to-earnings ratio of 79.16 and a beta of 1.03.

Constellation Software (OTCMKTS:CNSWF) last issued its quarterly earnings data on Monday, March 9th. The company reported $24.64 EPS for the quarter, missing analysts’ consensus estimates of $29.20 by ($4.56). The company had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.15 billion. Constellation Software had a return on equity of 49.29% and a net margin of 4.22%. Sell-side analysts anticipate that Constellation Software Inc. will post 77.19 EPS for the current fiscal 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.