Consensus Cloud Solutions, Inc. (NASDAQ:CCSI – Get Free Report)’s share price gapped up before the market opened on Friday. The stock had previously closed at $35.14, but opened at $37.22. Consensus Cloud Solutions shares last traded at $36.8150, with a volume of 6,875 shares.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the company. Oppenheimer raised their target price 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. BTIG Research reissued a “buy” rating and set a $50.00 price objective on shares of Consensus Cloud Solutions in a report on Friday, September 25th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research report on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $41.67.
View Our Latest Stock Analysis on CCSI
Consensus Cloud Solutions Stock Down 1.7%
The company has a market capitalization of $667.62 million, a PE ratio of 7.41 and a beta of 1.58. The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.90. The business has a 50-day moving average of $36.64 and a 200 day moving average of $33.57.
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates 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. Equities research analysts predict that Consensus Cloud Solutions, Inc. will post 5.03 earnings per share for the current year.
Insider Transactions at Consensus Cloud Solutions
In other Consensus Cloud Solutions news, CTO Jeffrey Sullivan sold 5,400 shares of the firm’s 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 sale, the chief technology officer directly owned 114,968 shares of the company’s stock, valued at $4,334,293.60. This trade represents a 4.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.65% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Consensus Cloud Solutions
Several large investors have recently bought and sold shares of CCSI. Jupiter Topco LLC purchased a new position in shares of Consensus Cloud Solutions during the second quarter worth approximately $94,988,000. Heron Bay Capital Management purchased a new stake in Consensus Cloud Solutions during the 2nd quarter worth $70,076,000. Janus Henderson Group PLC boosted its stake in Consensus Cloud Solutions by 4.0% during the 1st quarter. Janus Henderson Group PLC now owns 2,468,048 shares of the company’s stock valued at $58,591,000 after acquiring an additional 95,973 shares during the last quarter. BlackRock Inc. bought a new position in Consensus Cloud Solutions during the second quarter worth $52,676,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Consensus Cloud Solutions by 10.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 376,489 shares of the company’s stock valued at $8,938,000 after purchasing an additional 36,493 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.
Consensus Cloud Solutions Company Profile
Consensus Cloud Solutions, Inc provides secure cloud-based information exchange and interoperability solutions, with a primary focus on the healthcare industry. Its software is designed to help organizations transmit, receive, manage and integrate sensitive information while supporting privacy, security and regulatory requirements.
The company’s offerings include cloud fax and electronic document delivery, health information exchange, secure messaging, workflow automation and interoperability tools.
Recommended Stories
- Five stocks we like better than Consensus Cloud Solutions
- Palantir’s Potential Next Catalyst After Retail Profit-Taking
- Morgan Stanley Beats on Earnings, But Shares Fall on Trading Mix
- RTX Locks In a Decade of Defense Dominance
- Okeanis Riding Record Profits as Uncertainty Grows
Receive News & Ratings for Consensus Cloud Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consensus Cloud Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
