Constellation Software (OTCMKTS:CNSWF) Hits New 52-Week Low – Should You Sell?

Constellation Software Inc. (OTCMKTS:CNSWF) shares reached a new 52-week low on Thursday . The stock traded as low as $2,118.25 and last traded at $2,118.25, with a volume of 431 shares traded. The stock had previously closed at $2,199.99.

Wall Street Analyst Weigh In

Several research analysts recently commented on CNSWF shares. CIBC reaffirmed an “outperform” rating on shares of Constellation Software in a report on Wednesday, October 29th. National Bankshares lowered Constellation Software from an “outperform” rating to a “sector perform” rating in a report on Thursday, September 25th. National Bank Financial lowered Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th. Desjardins upgraded Constellation Software to a “moderate buy” rating in a research note on Thursday, October 30th. Finally, Zacks Research cut Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Constellation Software Price Performance

The firm has a market capitalization of $44.50 billion, a P/E ratio of 66.82 and a beta of 1.05. 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 business has a 50 day simple moving average of $2,381.85 and a two-hundred day simple moving average of $2,890.18.

Constellation Software (OTCMKTS:CNSWF) last posted its quarterly earnings data 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 return on equity of 51.25% and a net margin of 5.97%. On average, sell-side analysts expect that Constellation Software Inc. will post 77.19 EPS for the current fiscal year.

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.