Constellation Software (OTCMKTS:CNSWF) Raised to “Strong-Buy” at Zacks Research

Constellation Software (OTCMKTS:CNSWFGet Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other equities analysts have also issued reports on CNSWF. TD Securities reaffirmed a “buy” rating on shares of Constellation Software in a research report on Thursday, May 14th. BMO Capital Markets reissued an “outperform” rating on shares of Constellation Software in a report on Wednesday, May 13th. Jefferies Financial Group restated a “buy” rating on shares of Constellation Software in a report on Saturday, May 23rd. National Bank Financial raised shares of Constellation Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Constellation Software in a research report on Thursday, May 14th. Two 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, the company has an average rating of “Buy”.

Read Our Latest Report on CNSWF

Constellation Software Stock Performance

CNSWF opened at $1,929.42 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 0.80. The stock’s 50 day moving average price is $1,952.90 and its two-hundred day moving average price is $1,979.01. The firm has a market capitalization of $40.88 billion, a P/E ratio of 55.03 and a beta of 1.00. Constellation Software has a 12-month low of $1,612.70 and a 12-month high of $3,936.74.

Constellation Software (OTCMKTS:CNSWFGet Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $24.70 EPS for the quarter, missing analysts’ consensus estimates of $25.16 by ($0.46). Constellation Software had a return on equity of 47.59% and a net margin of 6.12%.The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.14 billion. On average, equities analysts forecast that Constellation Software will post 118.53 earnings per share for the current year.

About Constellation Software

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Constellation Software (OTCMKTS:CNSWF)

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