Constellation Software (OTCMKTS:CNSWF) Upgraded at Zacks Research

Constellation Software (OTCMKTS:CNSWF) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

CNSWF has been the topic of a number of other reports. BMO Capital Markets reiterated an “outperform” rating on shares of Constellation Software in a research report on Wednesday, May 13th. Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Software in a report on Thursday, May 14th. Jefferies Financial Group restated a “buy” rating on shares of Constellation Software in a research report on Saturday, May 23rd. TD Securities reaffirmed a “buy” rating on shares of Constellation Software in a report on Thursday, May 14th. Finally, National Bank Financial upgraded Constellation Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Constellation Software Stock Performance

Constellation Software stock opened at $1,929.42 on Tuesday. The stock has a 50-day simple moving average of $1,952.90 and a 200 day simple moving average of $1,979.01. The stock has a market capitalization of $40.88 billion, a price-to-earnings ratio of 55.03 and a beta of 1.00. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 0.80. Constellation Software has a 12-month low of $1,612.70 and a 12-month high of $3,936.74.

Constellation Software (OTCMKTS:CNSWF) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $24.70 EPS for the quarter, missing analysts’ consensus estimates of $25.16 by ($0.46). The company had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.14 billion. Constellation Software had a return on equity of 47.59% and a net margin of 6.12%. On average, research analysts anticipate that Constellation Software will post 118.53 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.