Constellation Software (OTCMKTS:CNSWF) Announces Earnings Results

Constellation Software (OTCMKTS:CNSWF) announced its quarterly earnings results on Friday. The company reported $24.50 earnings per share for the quarter, topping analysts’ consensus estimates of $18.74 by $5.76, Zacks reports. Constellation Software had a net margin of 6.06% and a return on equity of 67.94%.

Constellation Software Price Performance

Shares of Constellation Software stock traded up $12.65 on Friday, hitting $3,430.90. The company had a trading volume of 1,089 shares, compared to its average volume of 2,196. The business has a 50-day simple moving average of $3,254.58 and a 200-day simple moving average of $3,217.15. Constellation Software has a 52 week low of $2,575.55 and a 52 week high of $3,628.57. The company has a market cap of $72.70 billion, a PE ratio of 123.95 and a beta of 1.08. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.93 and a quick ratio of 0.92.

Wall Street Analysts Forecast Growth

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

About Constellation Software

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.