Constellation Software (OTCMKTS:CNSWF – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $24.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $25.16 by ($0.46), Zacks reports. Constellation Software had a return on equity of 48.18% and a net margin of 4.22%.
Constellation Software Trading Down 1.0%
Shares of Constellation Software stock traded down $17.88 during trading on Tuesday, hitting $1,756.12. The stock had a trading volume of 3,414 shares, compared to its average volume of 11,736. The stock has a 50 day simple moving average of $1,848.34 and a 200 day simple moving average of $2,095.65. The company has a market capitalization of $37.21 billion, a PE ratio of 75.76 and a beta of 0.97. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.90. Constellation Software has a 1 year low of $1,612.70 and a 1 year high of $3,936.74.
Wall Street Analysts Forecast Growth
CNSWF has been the topic of several recent research reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Constellation Software in a research note on Friday, January 16th. Zacks Research cut shares of Constellation Software from a “hold” rating to a “strong sell” rating in a research note on Friday, May 1st. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average 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.
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