Constellation Software (CNSWF) to Release Earnings on Friday

Constellation Software (OTCMKTS:CNSWF) is expected to be announcing its results after the market closes on Friday, November 7th. Analysts expect the company to announce earnings of $27.84 per share and revenue of $2.9905 billion for the quarter.

Constellation Software (OTCMKTS:CNSWF) last posted its earnings results on Friday, August 8th. The company reported $24.31 EPS for the quarter, beating the consensus estimate of $18.71 by $5.60. The company had revenue of $2.84 billion during the quarter, compared to analyst estimates of $2.86 billion. Constellation Software had a return on equity of 53.92% and a net margin of 5.77%. On average, analysts expect Constellation Software to post $77 EPS for the current fiscal year and $80 EPS for the next fiscal year.

Constellation Software Stock Up 1.8%

Shares of Constellation Software stock opened at $2,532.23 on Thursday. The stock has a market capitalization of $53.66 billion, a price-to-earnings ratio of 86.48 and a beta of 1.11. Constellation Software has a twelve month low of $2,456.00 and a twelve month high of $3,998.72. 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 200-day simple moving average is $3,306.33.

Constellation Software Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, October 10th. Shareholders of record on Monday, September 22nd were given a $1.00 dividend. The ex-dividend date of this dividend was Friday, September 19th. This represents a yield of 13.0%. Constellation Software’s dividend payout ratio (DPR) is currently 13.66%.

Analyst Upgrades and Downgrades

CNSWF has been the subject of several analyst reports. National Bank Financial downgraded shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 25th. Zacks Research upgraded shares of Constellation Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. TD Securities reissued a “buy” rating on shares of Constellation Software in a research note on Monday, August 11th. CIBC restated an “outperform” rating on shares of Constellation Software in a research report on Wednesday, October 29th. Finally, National Bankshares cut Constellation Software from an “outperform” rating to a “sector perform” rating in a report on Thursday, September 25th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy”.

About Constellation Software

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.