Constellation Software (OTCMKTS:CNSWF) Trading Up 2.4%

Constellation Software Inc. (OTCMKTS:CNSWF – Get Rating)’s stock price was up 2.4% on Monday . The company traded as high as $1,781.47 and last traded at $1,769.84. Approximately 524 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 651 shares. The stock had previously closed at $1,728.21.

A number of brokerages have recently issued reports on CNSWF. Royal Bank of Canada upped their target price on shares of Constellation Software from C$2,700.00 to C$2,800.00 in a research note on Friday, February 11th. BMO Capital Markets increased their price objective on shares of Constellation Software from C$2,450.00 to C$2,500.00 in a report on Friday, February 11th. CIBC increased their price objective on shares of Constellation Software from C$2,400.00 to C$2,900.00 in a report on Monday, January 10th. Raymond James increased their price objective on shares of Constellation Software from C$2,200.00 to C$2,400.00 in a report on Friday, February 11th. Finally, National Bank Financial increased their price objective on shares of Constellation Software from C$2,100.00 to C$2,350.00 in a report on Monday, February 14th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $2,558.33.

The stock has a market capitalization of $37.51 billion, a P/E ratio of 120.81 and a beta of 0.97. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.75 and a quick ratio of 0.73. The stock’s fifty day moving average is $1,689.69 and its two-hundred day moving average is $1,716.88.

Constellation Software (OTCMKTS:CNSWF – Get Rating) last issued its earnings results on Thursday, February 10th. The company reported $12.47 earnings per share for the quarter. The firm had revenue of $1.38 billion during the quarter. Constellation Software had a net margin of 6.07% and a return on equity of 54.31%.

About Constellation Software (OTCMKTS:CNSWF)

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, the United Kingdom, and rest of Europe. Its industry specific software businesses provide specialized and mission-critical software solutions. The company serves public and private sector markets.

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