Constellation Software (OTCMKTS:CNSWF) Upgraded to “Strong-Buy” at National Bank Financial

National Bank Financial upgraded shares of Constellation Software (OTCMKTS:CNSWF) from a hold rating to a strong-buy rating in a research report sent to investors on Wednesday,Zacks.com reports.

Other research analysts have also recently issued reports about the stock. TD Securities reaffirmed a “buy” rating on shares of Constellation Software in a report on Thursday, May 14th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Constellation Software in a report on Saturday. BMO Capital Markets reissued an “outperform” rating on shares of Constellation Software in a research note on Wednesday, May 13th. Zacks Research raised shares of Constellation Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Software in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Constellation Software Trading Down 0.8%

Shares of Constellation Software stock opened at $1,924.99 on Wednesday. Constellation Software has a 12-month low of $1,612.70 and a 12-month high of $3,936.74. The company has a current ratio of 0.96, a quick ratio of 0.94 and a debt-to-equity ratio of 0.90. The stock has a market cap of $40.79 billion, a PE ratio of 54.91 and a beta of 0.97. The company has a 50-day moving average of $1,831.13 and a two-hundred day moving average of $2,038.37.

Constellation Software (OTCMKTS:CNSWF) last issued its earnings results on Tuesday, May 12th. The company reported $24.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $25.16 by ($0.46). Constellation Software had a net margin of 6.12% and a return on equity of 49.01%. The company had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.14 billion. On average, research analysts anticipate that Constellation Software will post 118.53 EPS for the current fiscal year.

About Constellation Software

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.