Constellation Software (OTCMKTS:CNSWF) Stock Price Down 4.6% – Time to Sell?

Constellation Software Inc. (OTCMKTS:CNSWF)’s share price dropped 4.6% on Tuesday . The stock traded as low as $1,860.00 and last traded at $1,885.00. 1,547 shares changed hands during trading, a decline of 86% from the average session volume of 10,782 shares. The stock had previously closed at $1,975.01.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Jefferies Financial Group restated a “buy” rating on shares of Constellation Software in a research report on Saturday, May 23rd. BMO Capital Markets reiterated an “outperform” rating on shares of Constellation Software in a research report on Wednesday, May 13th. Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Software in a research note on Thursday, May 14th. TD Securities restated a “buy” rating on shares of Constellation Software in a report on Thursday, May 14th. Finally, Zacks Research raised Constellation Software from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. According to data from MarketBeat, Constellation Software has an average rating of “Buy”.

Constellation Software Stock Down 3.5%

The company has a debt-to-equity ratio of 0.80, a current ratio of 0.91 and a quick ratio of 0.90. The business has a 50 day simple moving average of $1,991.00 and a 200 day simple moving average of $1,937.92. The company has a market capitalization of $40.37 billion, a price-to-earnings ratio of 54.34 and a beta of 1.00.

Constellation Software (OTCMKTS:CNSWF) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $24.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $25.16 by ($0.46). Constellation Software had a net margin of 6.12% and a return on equity of 47.59%. The firm had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.14 billion. As a group, equities analysts predict that Constellation Software Inc. will post 118.53 earnings per share for the current fiscal 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.