BTIG Research Forecasts Strong Price Appreciation for Consensus Cloud Solutions (NASDAQ:CCSI) Stock

Key Points

• BTIG Research raised Consensus Cloud Solutions’ price target from $45 to $50 and maintained a “Buy” rating, implying approximately 42% upside from the stock’s $35.14 opening price.
• Analyst sentiment is broadly positive, with three Buy ratings and one Hold rating producing a “Moderate Buy” consensus and an average target price of $40.
• Consensus Cloud Solutions slightly exceeded quarterly expectations, reporting $1.49 in EPS versus the $1.48 estimate and revenue of $91.36 million versus $89.63 million expected.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) had its price objective upped by equities researchers at BTIG Research from $45.00 to $50.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. BTIG Research's price objective would suggest a potential upside of 42.29% from the stock's current price.

CCSI has been the subject of a number of other reports. Oppenheimer upped their price target on shares of Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 12th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Finally, Wall Street Zen raised shares of Consensus Cloud Solutions from a "hold" rating to a "buy" rating in a research report on Sunday, May 17th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $40.00.

Consensus Cloud Solutions Stock Performance

Shares of CCSI stock opened at $35.14 on Monday. Consensus Cloud Solutions has a 12-month low of $20.20 and a 12-month high of $41.40. The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.80. The firm has a market capitalization of $646.51 million, a price-to-earnings ratio of 7.11 and a beta of 1.57. The business has a 50 day simple moving average of $36.02 and a 200 day simple moving average of $30.12.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 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, equities research analysts anticipate that Consensus Cloud Solutions will post 5.08 EPS for the current year.

Insider Transactions at Consensus Cloud Solutions

In related news, Director Elaine Healy sold 4,000 shares of the firm's stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total value of $137,080.00. Following the transaction, the director owned 27,658 shares in the company, valued at approximately $947,839.66. This trade represents a 12.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 3.65% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Consensus Cloud Solutions

A number of institutional investors have recently added to or reduced their stakes in the business. Quarry LP bought a new position in Consensus Cloud Solutions in the fourth quarter worth approximately $25,000. Tower Research Capital LLC TRC raised its holdings in shares of Consensus Cloud Solutions by 40.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company's stock worth $46,000 after purchasing an additional 570 shares during the period. State of Alaska Department of Revenue purchased a new position in shares of Consensus Cloud Solutions during the 4th quarter valued at $46,000. BNP Paribas Financial Markets increased its holdings in Consensus Cloud Solutions by 104.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company's stock worth $111,000 after acquiring an additional 1,942 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in Consensus Cloud Solutions in the 2nd quarter valued at about $112,000. 93.93% of the stock is owned by institutional investors.

About Consensus Cloud Solutions

Consensus Cloud Solutions NASDAQ: CCSI is a provider of cloud consulting and managed services focused on helping organizations accelerate digital transformation. The company specializes in designing, deploying and supporting cloud architectures that leverage leading public and private cloud platforms, including infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS) environments. Its end-to-end approach encompasses strategy, implementation and ongoing optimization to align technology investments with business objectives.

The firm’s core offerings include cloud migration and deployment, application modernization, data analytics and cybersecurity solutions.

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