CNSWF Stock Recent News

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) announced today it intends to release its first quarter results on May 10, 2024.

Constellation Software is a major player in acquiring VMS and holding them forever. The company has an impressive culture that favors decentralization and encourages meritocracy. Returns on capital and net organic growth are the main drivers of shareholder value.

CSI announced one of the highest organic growth rates in recent years, and I expect this trend to continue for some quarters. During Q3, $164M have been deployed into smaller acquisitions and $742M into the ICE/Black Knight opportunistic acquisition. CSI acquired two great businesses for less than 6x EBITDA, a significant discount to market value and what Black Knight paid not long ago.

Constellation Software has been a long-term market outperformer. The big question is the scalability of its acquisition model. Recent carve-outs from Black Knight indicate that the model is evolving, but keeps on working.

TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) announced today it intends to release its third quarter results on November 9, 2023.

Constellation Software's defensive business model, with recurring revenues, low churn rates, and high ROIC, could provide investors with double-digit returns over the following years. Even though I believe size matters in CSU's growth strategy, for now, they are being able to deploy all its FCF into acquisitions. My fair price for CSU is $2,471, and I consider the stock undervalued.

TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) announced today it intends to release its second quarter results on August 11, 2023.

CloudMD Software & Services Inc announced on Tuesday that it has closed the sale of its US based Electronic Medical Records (EMR), Practice Management (PM), and Revenue Cycle Management (RCM) assets to a subsidiary of N Harris Computer Corporation, an operating group of Constellation Software Inc, for about US$6.3 million.  The health services company said the divestiture follows the sale of CloudMD's Canadian EMR business in October 2022.

4GLOBAL PLC (AIM:4GBL), a UK-based data, services and software company, has signed a strategic, multimillion-dollar partnership to integrate its ‘Biz Insight' data module with Jonas Fitness' 'Compete' product. Jonas Fitness is part of Jonas Software, which is a subsidiary of Constellation Software, a Canadian diversified software corporation with revenue exceeding US$4bn £3.2bn).

TORONTO, April 18, 2023 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) announced today it intends to release its first quarter results on May 15, 2023.