Constellation Software (OTCMKTS:CNSWF) Sets New 1-Year High – Should You Buy?

Constellation Software Inc. (OTCMKTS:CNSWF)’s stock price hit a new 52-week high during trading on Friday. The stock traded as high as $2,519.98 and last traded at $2,442.4952, with a volume of 211 shares changing hands. The stock had previously closed at $2,500.00.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CNSWF shares. Zacks Research downgraded shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 29th. Jefferies Financial Group reissued a “buy” rating on shares of Constellation Software in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Constellation Software currently has an average rating of “Buy”.

Constellation Software Trading Down 1.3%

The firm has a 50-day moving average of $2,180.77 and a two-hundred day moving average of $2,005.87. The firm has a market capitalization of $52.29 billion, a P/E ratio of 54.44 and a beta of 0.96. 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 (OTCMKTS:CNSWF) last released its earnings results on Tuesday, August 11th. The company reported $28.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $27.81 by $0.89. Constellation Software had a return on equity of 47.37% and a net margin of 7.60%. The firm had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.36 billion. On average, analysts anticipate that Constellation Software Inc. will post 119.33 EPS for the current year.

Constellation Software Company Profile

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.