Constellation Software Inc. (OTCMKTS:CNSWF) Given Average Recommendation of “Buy” by Analysts

Constellation Software Inc. (OTCMKTS:CNSWF) has been given a consensus recommendation of “Buy” by the eight research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities analysts recently issued reports on CNSWF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Constellation Software in a report on Thursday, May 14th. TD Securities restated a “buy” rating on shares of Constellation Software in a report on Thursday, May 14th. National Bank Financial raised shares of Constellation Software from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Zacks Research cut shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Constellation Software in a research report on Wednesday, May 13th.

Constellation Software Stock Down 2.2%

CNSWF stock opened at $2,035.00 on Monday. The stock’s 50 day simple moving average is $2,115.97 and its 200 day simple moving average is $1,980.21. The company has a market cap of $43.12 billion, a P/E ratio of 44.89 and a beta of 0.98. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.90 and a current ratio of 0.91. Constellation Software has a fifty-two week low of $1,612.70 and a fifty-two week high of $3,320.45.

Constellation Software (OTCMKTS:CNSWF) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $28.70 EPS for the quarter, beating analysts’ consensus estimates of $27.81 by $0.89. The firm had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.36 billion. Constellation Software had a return on equity of 48.87% and a net margin of 7.60%. On average, research analysts expect that Constellation Software will post 119.33 earnings per share for the current fiscal year.

Constellation Software Company Profile

Constellation Software Inc is a Canadian technology company that develops, acquires and manages vertical market software businesses. Its subsidiaries provide specialized, mission-critical software designed for organizations in particular industries and professional markets, rather than broad consumer or general-purpose applications.

The company’s software products and services support functions such as public administration, healthcare, education, financial services, construction, hospitality, transportation and other industry-specific operations.