Constellation Software (OTCMKTS:CNSWF) Sets New 12-Month High - What's Next?

On Friday, Constellation Software Inc. (OTCMKTS:CNSWF) achieved a new 52-week high during mid-day trading. The stock reached a peak price of $3,474.99 and was last seen at $3,416.15, with a volume of 673 shares exchanged. In its previous closing session, the stock's price stood at $3,443.00.

Analyst Ratings Updates

In related news, UBS Group recently upgraded Constellation Software to a "strong-buy" rating in a research note released on November 21st.

Current Trading Performance

Constellation Software's share price is currently down by 0.8%. The company holds a market capitalization of $72.39 billion, a price-to-earnings ratio of 123.42, and a beta value of 1.06. Its 50-day moving average is at $3,179.51, while the 200-day moving average is $3,162.82. The firm reports a quick ratio of 0.92, a current ratio of 0.93, and a debt-to-equity ratio of 1.18.

Recent Earnings Report

The company released its latest quarterly earnings results on November 8th, reporting earnings per share (EPS) of $20.30 for the quarter. This figure fell short of the analysts' consensus estimate of $20.42 by $0.12. Constellation Software recorded a return on equity of 67.94%, along with a net margin of 6.06%. The revenue for the quarter was $2.54 billion, compared to analysts' expectations of $2.58 billion. Analysts predict that Constellation Software Inc. will report an EPS of 77.19 for the current fiscal year.

Company Overview

Constellation Software Inc. specializes in acquiring, building, and managing vertical market software businesses across Canada, the United States, Europe, and globally. The company provides essential software solutions for both public and private sector markets, engaging in software licensing and the sale of third-party hardware.

Further Reading and Recommendations

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Investors should be proactive and informed before executing their next trades. MarketBeat consistently tracks top-rated analysts and their recommendations. Recently, they identified five stocks that are gaining attention among analysts, but Constellation Software was not included in this selection.

Final Thoughts on Investing

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