Consensus Cloud Solutions’ (CCSI) Buy Rating Reaffirmed at BTIG Research

Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at BTIG Research in a research report issued to clients and 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 41.96% from the stock’s current price.

CCSI has been the subject of several other reports. Weiss Ratings restated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research report on Tuesday, August 4th. Oppenheimer raised their price target on Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Consensus Cloud Solutions presently has an average rating of “Moderate Buy” and an average price target of $41.67.

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Consensus Cloud Solutions Trading Down 0.4%

CCSI stock traded down $0.15 during midday trading on Friday, hitting $35.22. 82,737 shares of the company’s stock were exchanged, compared to its average volume of 174,868. The business has a 50-day simple moving average of $36.81 and a two-hundred day simple moving average of $32.75. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 13.19. The stock has a market capitalization of $645.58 million, a PE ratio of 7.13 and a beta of 1.57. Consensus Cloud Solutions has a 1-year low of $20.20 and a 1-year high of $41.40.

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 (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.01. The company had revenue of $91.36 million during the quarter, compared to analysts’ expectations of $89.63 million. Consensus Cloud Solutions had a return on equity of 502.63% and a net margin of 26.69%.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, sell-side analysts predict that Consensus Cloud Solutions will post 5.03 EPS for the current fiscal year.

Insider Transactions at Consensus Cloud Solutions

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CCSI. Integrated Wealth Concepts LLC purchased a new position in Consensus Cloud Solutions in the second quarter valued at $49,000. Legal & General Group Plc purchased a new position in Consensus Cloud Solutions in the second quarter valued at $68,000. Fifth Third Bancorp purchased a new position in Consensus Cloud Solutions in the first quarter valued at $120,000. Empowered Funds LLC purchased a new position in Consensus Cloud Solutions in the first quarter valued at $211,000. Finally, Pallas Capital Advisors LLC purchased a new position in Consensus Cloud Solutions in the second quarter valued at $252,000. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

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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