Constellation Software (OTCMKTS:CNSWF) Issues Quarterly Earnings Results

Constellation Software (OTCMKTS:CNSWF) issued its quarterly earnings data on Monday. The company reported $24.64 earnings per share for the quarter, missing the consensus estimate of $29.20 by ($4.56), Zacks reports. Constellation Software had a return on equity of 49.29% and a net margin of 4.22%.The company had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.15 billion.

Constellation Software Price Performance

Shares of OTCMKTS CNSWF opened at $2,165.00 on Wednesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.00 and a current ratio of 1.02. The company’s fifty day moving average is $1,989.24 and its two-hundred day moving average is $2,446.98. Constellation Software has a one year low of $1,612.70 and a one year high of $3,998.72. The firm has a market capitalization of $45.88 billion, a P/E ratio of 93.40 and a beta of 1.03.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CNSWF. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Constellation Software in a research report on Friday, January 16th. Zacks Research cut shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

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.