Consensus Cloud Solutions (NASDAQ:CCSI) Given Buy Rating at BTIG Research

Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at BTIG Research in a note issued to investors on Friday, Benzinga reports. They presently have a $50.00 target price on the stock. BTIG Research’s price target would indicate a potential upside of 41.21% from the company’s current price.

Several other equities research analysts have also recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Oppenheimer raised their price target on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Consensus Cloud Solutions currently has an average rating of “Moderate Buy” and a consensus target price of $41.67.

Read Our Latest Stock Analysis on CCSI

Consensus Cloud Solutions Price Performance

NASDAQ:CCSI traded up $0.04 during mid-day trading on Friday, hitting $35.41. 4,477 shares of the company’s stock traded hands, compared to its average volume of 174,440. The company has a debt-to-equity ratio of 13.19, a quick ratio of 1.90 and a current ratio of 1.90. The firm’s 50 day simple moving average is $36.85 and its 200 day simple moving average is $32.73. Consensus Cloud Solutions has a 1 year low of $20.20 and a 1 year high of $41.40. The company has a market cap of $649.05 million, a PE ratio of 7.16 and a beta of 1.57.

Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.01. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. The firm had revenue of $91.36 million during the quarter, compared to the consensus estimate of $89.63 million. Consensus Cloud Solutions has set its Q3 2026 guidance at 1.340-1.440 EPS and its FY 2026 guidance at 5.550-5.950 EPS. Sell-side analysts expect that Consensus Cloud Solutions will post 5.03 EPS for the current year.

Insider Activity

In related news, CTO Jeffrey Sullivan sold 5,400 shares of Consensus Cloud Solutions stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total value of $203,580.00. Following the completion of the sale, the chief technology officer owned 114,968 shares in the company, valued at approximately $4,334,293.60. The trade was a 4.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.65% of the company’s stock.

Institutional Trading of Consensus Cloud Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC bought a new stake in shares of Consensus Cloud Solutions in the second quarter worth $49,000. Legal & General Group Plc bought a new stake in shares of Consensus Cloud Solutions in the second quarter worth $68,000. Fifth Third Bancorp bought a new stake in shares of Consensus Cloud Solutions in the first quarter worth $120,000. Pallas Capital Advisors LLC bought a new stake in shares of Consensus Cloud Solutions in the second quarter worth $252,000. Finally, Meeder Asset Management Inc. acquired a new position in Consensus Cloud Solutions in the second quarter worth $255,000. Institutional investors own 93.93% of the company’s stock.

Consensus Cloud Solutions Company Profile

(Get Free Report)

Consensus Cloud Solutions, Inc is a provider of secure cloud-based information-exchange and communication services. The company helps organizations transmit, manage and access sensitive information through digital platforms designed for regulated industries and other businesses with demanding privacy and security requirements.

Its offerings include cloud fax and electronic document-delivery services, along with related communications and workflow tools. The company’s solutions are used by healthcare organizations, businesses and government entities to exchange documents and data while supporting compliance, integration and operational efficiency.

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