Constellation Software (OTCMKTS:CNSWF) Issues Earnings Results

Constellation Software (OTCMKTS:CNSWF) posted its quarterly earnings data on Friday. The company reported $28.10 EPS for the quarter, missing analysts’ consensus estimates of $29.62 by ($1.52), Zacks reports. Constellation Software had a net margin of 7.60% and a return on equity of 47.37%.

Constellation Software Stock Performance

Constellation Software stock traded down $2.26 during mid-day trading on Friday, reaching $2,497.74. The company’s stock had a trading volume of 2,169 shares, compared to its average volume of 8,888. The firm has a market cap of $52.93 billion, a price-to-earnings ratio of 24.34 and a beta of 0.96. The business has a 50 day moving average price of $2,185.53 and a 200-day moving average price of $2,008.70. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.79. Constellation Software has a twelve month low of $1,612.70 and a twelve month high of $2,519.98.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Constellation Software in a research report on Thursday, August 13th. Zacks Research lowered Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

About Constellation Software

Constellation Software Inc is a Canadian technology company that acquires, manages and develops vertical market software businesses. Its portfolio companies provide specialized software and related services to organizations in industries where customers typically require solutions tailored to specific operational, regulatory and workflow needs.

The company serves a broad range of markets, including the public sector, healthcare, education, hospitality, financial services, construction, real estate, transportation and other commercial industries.