Constellation Software (OTCMKTS:CNSWF) Sets New 1-Year Low – What’s Next?

Constellation Software Inc. (OTCMKTS:CNSWF) reached a new 52-week low during trading on Tuesday . The company traded as low as $1,795.00 and last traded at $1,797.40, with a volume of 23420 shares. The stock had previously closed at $1,847.12.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. CIBC restated an “outperform” rating on shares of Constellation Software in a report on Friday, January 16th. Zacks Research downgraded shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Finally, Desjardins raised shares of Constellation Software to a “moderate buy” rating in a report on Thursday, October 30th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Constellation Software Price Performance

The stock has a market cap of $38.09 billion, a P/E ratio of 57.19 and a beta of 1.05. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 1.01. The business’s 50-day simple moving average is $2,281.52 and its two-hundred day simple moving average is $2,731.01.

Constellation Software (OTCMKTS:CNSWF) last posted its quarterly earnings results on Friday, November 7th. The company reported $21.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $27.84 by ($6.13). The business had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $2.99 billion. Constellation Software had a net margin of 5.97% and a return on equity of 51.25%. Sell-side analysts expect that Constellation Software Inc. will post 77.19 EPS for the current year.

About Constellation Software

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.