Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Consensus Cloud Solutions, Inc. has received an average rating of "Hold" from five ratings firms, with three buy and two sell recommendations.
• The company's stock has a market cap of $415.44 million and has seen a one-year price range between $17.84 and $32.10.
• Recent institutional trading shows significant investment changes, with 93.93% of the stock owned by institutional investors and hedge funds.

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Get Free Report) has earned an average rating of "Hold" from the five ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $27.40.

Separately, Wall Street Zen raised Consensus Cloud Solutions from a "hold" rating to a "buy" rating in a research report on Saturday.

Consensus Cloud Solutions Stock Performance

NASDAQ:CCSI opened at $21.26 on Wednesday. The stock has a 50-day simple moving average of $22.19 and a 200-day simple moving average of $23.28. The stock has a market cap of $415.44 million, a P/E ratio of 4.92 and a beta of 1.50. Consensus Cloud Solutions has a 1 year low of $17.84 and a 1 year high of $32.10.

Institutional Trading of Consensus Cloud Solutions

A number of large investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Consensus Cloud Solutions during the 4th quarter valued at approximately $692,000. Quantbot Technologies LP purchased a new stake in Consensus Cloud Solutions during the 4th quarter valued at approximately $81,000. KLP Kapitalforvaltning AS purchased a new stake in Consensus Cloud Solutions during the 4th quarter valued at approximately $303,000. Vanguard Group Inc. raised its stake in Consensus Cloud Solutions by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 1,511,942 shares of the company's stock valued at $36,075,000 after acquiring an additional 18,407 shares during the last quarter. Finally, Prudential Financial Inc. raised its stake in Consensus Cloud Solutions by 632.6% during the 4th quarter. Prudential Financial Inc. now owns 111,870 shares of the company's stock valued at $2,669,000 after acquiring an additional 96,600 shares during the last quarter. 93.93% of the stock is owned by institutional investors and hedge funds.

Consensus Cloud Solutions Company Profile

Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.

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