Constellation Software (OTCMKTS:CNSWF) Releases Earnings Results, Misses Estimates By $0.46 EPS

Constellation Software (OTCMKTS:CNSWF) posted its quarterly earnings results on Tuesday. The company reported $24.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $25.16 by ($0.46), Zacks reports. Constellation Software had a return on equity of 48.18% and a net margin of 4.22%.

Constellation Software Stock Performance

Constellation Software stock traded down $17.88 during midday trading on Tuesday, reaching $1,756.12. 3,414 shares of the stock traded hands, compared to its average volume of 11,736. 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 firm has a fifty day moving average price of $1,848.34 and a two-hundred day moving average price of $2,095.65. The firm has a market cap of $37.21 billion, a price-to-earnings ratio of 75.76 and a beta of 0.97. Constellation Software has a fifty-two week low of $1,612.70 and a fifty-two week high of $3,936.74.

Wall Street Analysts Forecast Growth

CNSWF has been the topic of a number of recent research reports. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Constellation Software in a research report on Friday, January 16th. Zacks Research downgraded shares of Constellation Software from a “hold” rating to a “strong sell” rating in a research report on Friday, May 1st. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

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.