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Consensus Cloud Solutions' (CCSI) "Buy" Rating Reiterated at BTIG Research

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Key Points

  • BTIG Research reiterated a “Buy” rating on Consensus Cloud Solutions with a $50 price target, implying 41.36% potential upside from the prior close. Analysts overall assign the stock a “Moderate Buy” consensus rating with a $41.67 average target.
  • Consensus Cloud Solutions opened at $35.37, down 1.2%, with a market capitalization of approximately $648 million. The company recently exceeded quarterly earnings and revenue estimates, reporting $1.49 EPS and $91.36 million in revenue.
  • Institutional investors own 93.93% of the company, while insider ownership stands at 3.65%; the company’s CTO recently sold 5,400 shares valued at about $203,580.
  • MarketBeat previews top five stocks to own in October.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at BTIG Research in a report released on Friday, Benzinga reports. They currently have a $50.00 target price on the stock. BTIG Research's target price would indicate a potential upside of 41.36% from the stock's previous close.

CCSI has been the subject of several other reports. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Oppenheimer lifted their price objective 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 analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $41.67.

Read Our Latest Report on CCSI

Consensus Cloud Solutions Stock Down 1.2%

NASDAQ CCSI opened at $35.37 on Friday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 13.19. The company has a fifty day moving average of $36.85 and a two-hundred day moving average of $32.73. The firm has a market capitalization of $648.33 million, a price-to-earnings ratio of 7.16 and a beta of 1.57. Consensus Cloud Solutions has a 52 week low of $20.20 and a 52 week high of $41.40.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.49 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 analyst estimates of $89.63 million. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. 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 predict that Consensus Cloud Solutions 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 Consensus Cloud Solutions stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total value of $203,580.00. Following 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.65% of the stock is owned by company insiders.

Hedge Funds Weigh In On Consensus Cloud Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in CCSI. Hillsdale Investment Management Inc. lifted its holdings in shares of Consensus Cloud Solutions by 0.6% in the 4th quarter. Hillsdale Investment Management Inc. now owns 199,102 shares of the company's stock worth $4,344,000 after acquiring an additional 1,200 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Consensus Cloud Solutions by 2.5% in the 1st quarter. SG Americas Securities LLC now owns 52,185 shares of the company's stock worth $1,239,000 after acquiring an additional 1,276 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Consensus Cloud Solutions in the 2nd quarter worth approximately $49,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Consensus Cloud Solutions by 11.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 14,238 shares of the company's stock worth $337,000 after acquiring an additional 1,487 shares during the last quarter. Finally, Rice Hall James & Associates LLC lifted its holdings in shares of Consensus Cloud Solutions by 0.8% in the 4th quarter. Rice Hall James & Associates LLC now owns 192,912 shares of the company's stock worth $4,209,000 after acquiring 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.

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