Constellation Software (OTCMKTS:CNSWF) Reaches New 52-Week High – Should You Buy?

Constellation Software Inc. (OTCMKTS:CNSWF) shares hit a new 52-week high on Friday . The stock traded as high as $3,474.99 and last traded at $3,416.15, with a volume of 673 shares. The stock had previously closed at $3,443.00.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st.

Constellation Software Stock Down 0.8 %

The firm has a fifty day moving average of $3,179.51 and a 200 day moving average of $3,162.82. The stock has a market cap of $72.39 billion, a PE ratio of 123.42 and a beta of 1.06. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 1.18.

Constellation Software (OTCMKTS:CNSWF) last posted its earnings results on Friday, November 8th. The company reported $20.30 earnings per share for the quarter, missing the consensus estimate of $20.42 by ($0.12). The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.58 billion. Constellation Software had a return on equity of 67.94% and a net margin of 6.06%. On average, equities research analysts anticipate that Constellation Software Inc. will post 77.19 EPS for the current fiscal year.

Constellation Software Company Profile

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.