Constellation Software (OTCMKTS:CNSWF) Trading Down 5.3% – Should You Sell?

Constellation Software Inc. (OTCMKTS:CNSWF)’s stock price was down 5.3% during trading on Friday . The company traded as low as $2,111.29 and last traded at $2,131.06. Approximately 206 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 11,248 shares. The stock had previously closed at $2,250.00.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CNSWF shares. Jefferies Financial Group restated a “buy” rating on shares of Constellation Software in a research note on Saturday, May 23rd. Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Software in a report on Thursday, May 14th. BMO Capital Markets reiterated an “outperform” rating on shares of Constellation Software in a report on Wednesday, May 13th. National Bank Financial raised Constellation Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Finally, TD Securities reiterated a “buy” rating on shares of Constellation Software in a report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Constellation Software currently has a consensus rating of “Buy”.

Constellation Software Price Performance

The stock has a market cap of $44.92 billion, a PE ratio of 60.47 and a beta of 0.99. 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 business has a fifty day simple moving average of $1,901.46 and a two-hundred day simple moving average of $2,020.28.

Constellation Software (OTCMKTS:CNSWF) last issued its quarterly 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). The business had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Constellation Software had a return on equity of 49.01% and a net margin of 6.12%. Research analysts forecast that Constellation Software Inc. will post 118.53 earnings per share for the current 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.