Constellation Software (OTCMKTS:CNSWF) Shares Up 1.9% – Time to Buy?

Constellation Software Inc. (OTCMKTS:CNSWF) rose 1.9% during mid-day trading on Tuesday . The company traded as high as $3,108.71 and last traded at $3,089.83. Approximately 532 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 4,153 shares. The stock had previously closed at $3,032.37.

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 Price Performance

The company has a 50-day simple moving average of $3,176.16 and a 200-day simple moving average of $3,142.04. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.93 and a quick ratio of 0.92.

Constellation Software (OTCMKTS:CNSWF) last issued 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 company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.58 billion. Constellation Software had a return on equity of 67.94% and a net margin of 6.06%. As a group, sell-side analysts anticipate that Constellation Software Inc. will post 77.19 EPS for the current year.

Constellation Software Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, December 20th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 0.13%. The ex-dividend date of this dividend was Friday, December 20th. Constellation Software’s payout ratio is currently 14.45%.

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.