Constellation Software Inc. (OTCMKTS:CNSWF) Given Average Recommendation of “Buy” by Brokerages

Constellation Software Inc. (OTCMKTS:CNSWF) has been assigned an average rating of “Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have recently issued reports on CNSWF. TD Securities reiterated a “buy” rating on shares of Constellation Software in a research note on Monday, August 11th. Zacks Research upgraded Constellation Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 13th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Constellation Software in a research note on Monday, August 11th.

Constellation Software Stock Performance

Shares of Constellation Software stock opened at $3,167.26 on Friday. Constellation Software has a 12-month low of $2,866.28 and a 12-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 moving average is $3,398.47 and its 200-day moving average is $3,434.28.

Constellation Software (OTCMKTS:CNSWF) last announced its quarterly earnings data on Friday, August 8th. The company reported $24.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $18.71 by $5.60. Constellation Software had a return on equity of 53.92% and a net margin of 5.77%.The company had revenue of $2.84 billion for the quarter, compared to analysts’ expectations of $2.86 billion. On average, equities research analysts predict that Constellation Software will post 77.19 earnings per share for the current year.

Constellation Software Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 11th. Investors of record on Monday, June 23rd were issued a dividend of $1.00 per share. This represents a dividend yield of 11.0%. The ex-dividend date of this dividend was Friday, June 20th. This is a boost from Constellation Software’s previous dividend of $0.50. Constellation Software’s payout ratio is presently 13.66%.

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.