National Bank Financial Upgrades Constellation Software (OTCMKTS:CNSWF) to Strong-Buy

Constellation Software (OTCMKTS:CNSWF) was upgraded by equities researchers at National Bank Financial from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

CNSWF has been the subject of a number of other reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Constellation Software in a research note on Wednesday, May 13th. TD Securities reaffirmed a “buy” rating on shares of Constellation Software in a research note on Thursday, May 14th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Constellation Software in a research note on Thursday, May 14th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Constellation Software in a research note on Saturday. Finally, Zacks Research raised Constellation Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Constellation Software has an average rating of “Buy”.

Constellation Software Stock Performance

OTCMKTS CNSWF opened at $1,924.99 on Wednesday. Constellation Software has a 1-year low of $1,612.70 and a 1-year high of $3,936.74. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.96 and a quick ratio of 0.94. The company has a market cap of $40.79 billion, a PE ratio of 54.91 and a beta of 0.97. The stock’s 50 day simple moving average is $1,831.13 and its 200-day simple moving average is $2,038.37.

Constellation Software (OTCMKTS:CNSWF) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $24.70 EPS for the quarter, missing the consensus estimate of $25.16 by ($0.46). Constellation Software had a net margin of 6.12% and a return on equity of 49.01%. The company had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.14 billion. As a group, equities research analysts anticipate that Constellation Software will post 118.53 EPS 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.