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 reaffirmed by equities researchers at BTIG Research in a research note issued to investors on Friday, Benzinga reports. They presently have a $50.00 target price on the stock. BTIG Research’s price target indicates a potential upside of 41.96% from the stock’s current price.

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

Read Our Latest Stock Report on Consensus Cloud Solutions

Consensus Cloud Solutions Price Performance

Shares of CCSI traded down $0.15 during midday trading on Friday, hitting $35.22. 82,737 shares of the company traded hands, compared to its average volume of 174,868. The firm has a 50 day moving average of $36.85 and a 200-day moving average of $32.73. Consensus Cloud Solutions has a 52 week low of $20.20 and a 52 week high of $41.40. The stock has a market cap of $645.58 million, a price-to-earnings ratio of 7.13 and a beta of 1.57. The company has a debt-to-equity ratio of 13.19, a quick ratio of 1.90 and a current ratio of 1.90.

Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.49 EPS 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 business 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. On average, analysts forecast that Consensus Cloud Solutions will post 5.03 EPS for the current fiscal year.

Insider Activity

In other Consensus Cloud Solutions news, CTO Jeffrey Sullivan sold 5,400 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total transaction of $203,580.00. Following the completion of the transaction, the chief technology officer owned 114,968 shares in the company, valued at $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 available at this link. 3.65% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Hillsdale Investment Management Inc. raised its stake in Consensus Cloud Solutions by 0.6% in the fourth quarter. Hillsdale Investment Management Inc. now owns 199,102 shares of the company’s stock worth $4,344,000 after buying an additional 1,200 shares in the last quarter. SG Americas Securities LLC raised its stake in Consensus Cloud Solutions by 2.5% in the first quarter. SG Americas Securities LLC now owns 52,185 shares of the company’s stock worth $1,239,000 after buying an additional 1,276 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Consensus Cloud Solutions in the second quarter worth $49,000. Allspring Global Investments Holdings LLC grew its holdings in Consensus Cloud Solutions by 11.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 14,238 shares of the company’s stock worth $337,000 after purchasing an additional 1,487 shares during the last quarter. Finally, Rice Hall James & Associates LLC grew its holdings in Consensus Cloud Solutions by 0.8% in the fourth quarter. Rice Hall James & Associates LLC now owns 192,912 shares of the company’s stock worth $4,209,000 after purchasing an additional 1,579 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

About Consensus Cloud Solutions

(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.

Further Reading

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