Constellation Software (OTCMKTS:CNSWF) Stock Price Up 7.7% – Should You Buy?

Constellation Software Inc. (OTCMKTS:CNSWF) shares traded up 7.7% on Thursday . The company traded as high as $2,050.00 and last traded at $2,049.91. Approximately 2,682 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 10,830 shares. The stock had previously closed at $1,903.00.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on CNSWF shares. BMO Capital Markets restated an “outperform” rating on shares of Constellation Software in a research report on Wednesday, May 13th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Constellation Software in a research report on Thursday, May 14th. TD Securities reaffirmed a “buy” rating on shares of Constellation Software in a research note on Thursday, May 14th. National Bank Financial upgraded Constellation Software from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Finally, Zacks Research raised shares of Constellation Software from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. Based on data from MarketBeat, Constellation Software currently has a consensus rating of “Buy”.

Constellation Software Price Performance

The stock has a market cap of $42.99 billion, a price-to-earnings ratio of 57.87 and a beta of 1.00. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.80. The company’s fifty day moving average is $1,981.76 and its two-hundred day moving average is $1,947.22.

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

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.