Constellation Software Inc. (OTCMKTS:CNSWF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Constellation Software Inc. (OTCMKTS:CNSWF) have been given an average rating of “Moderate Buy” by the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company.

A number of research analysts recently weighed in on CNSWF shares. CIBC restated an “outperform” rating on shares of Constellation Software in a report on Friday, January 16th. Zacks Research downgraded shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. National Bankshares lowered Constellation Software from an “outperform” rating to a “sector perform” rating in a research report on Thursday, September 25th. National Bank Financial cut Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th. Finally, Desjardins raised Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th.

Constellation Software Stock Up 1.2%

Shares of OTCMKTS CNSWF opened at $1,976.00 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 1.01. Constellation Software has a twelve month low of $1,900.00 and a twelve month high of $3,998.72. The stock has a fifty day simple moving average of $2,337.60 and a 200-day simple moving average of $2,825.84.

Constellation Software (OTCMKTS:CNSWF) last announced its earnings results on Friday, November 7th. The company reported $21.71 EPS for the quarter, missing analysts’ consensus estimates of $27.84 by ($6.13). The firm had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Constellation Software had a net margin of 5.97% and a return on equity of 51.25%. As a group, sell-side analysts expect that Constellation Software will post 77.19 earnings per share for the current 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.