Constellation Software (CNSWF) to Release Earnings on Tuesday

Constellation Software (OTCMKTS:CNSWF) is anticipated to announce its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of $25.16 per share and revenue of $3.1352 billion for the quarter.

Constellation Software (OTCMKTS:CNSWF) last released its earnings results on Monday, March 9th. The company reported $24.64 EPS for the quarter, missing the consensus estimate of $29.20 by ($4.56). Constellation Software had a return on equity of 48.18% and a net margin of 4.22%.The company had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.15 billion. On average, analysts expect Constellation Software to post $117 EPS for the current fiscal year and $141 EPS for the next fiscal year.

Constellation Software Price Performance

Shares of CNSWF stock traded up $12.00 during mid-day trading on Tuesday, hitting $1,827.00. The company had a trading volume of 302 shares, compared to its average volume of 12,062. Constellation Software has a 52-week low of $1,612.70 and a 52-week high of $3,998.72. The stock’s 50 day moving average price is $1,846.80 and its 200-day moving average price is $2,127.04. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.96 and a quick ratio of 0.94. The company has a market capitalization of $38.71 billion, a P/E ratio of 78.82 and a beta of 0.97.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CNSWF. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Constellation Software in a research note on Friday, January 16th. Zacks Research lowered Constellation Software from a “hold” rating to a “strong sell” rating in a research note on Friday. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently 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.