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

Constellation Software Inc. (OTCMKTS:CNSWF) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $1,900.00 and last traded at $1,952.71, with a volume of 20851 shares traded. The stock had previously closed at $1,931.59.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CNSWF. Zacks Research cut shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. National Bankshares downgraded shares of Constellation Software from an “outperform” rating to a “sector perform” rating in a report on Thursday, September 25th. CIBC restated an “outperform” rating on shares of Constellation Software in a research note on Friday, January 16th. Desjardins upgraded shares of Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Finally, National Bank Financial lowered shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 25th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Constellation Software Stock Up 1.1%

The stock has a 50-day moving average price of $2,353.73 and a 200-day moving average price of $2,837.97. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.02 and a quick ratio of 1.00.

Constellation Software (OTCMKTS:CNSWF) last released its quarterly earnings results on Friday, November 7th. The company reported $21.71 earnings per share for the quarter, missing the consensus estimate of $27.84 by ($6.13). The company 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%. As a group, equities research analysts anticipate that Constellation Software Inc. will post 77.19 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.