Consensus Cloud Solutions (NASDAQ:CCSI) Shares Gap Down - Here's Why

Key Points

• CCSI shares opened sharply lower, falling from a prior close of $37.33 to $34.76 before recovering to about $36.06 in early trading.
• Analyst sentiment remains positive: three analysts rate the stock Buy, one rates it Hold, and the average price target is $38.33. BTIG raised its target to $45, while Oppenheimer lifted its target to $35.
• Consensus Cloud Solutions slightly exceeded quarterly expectations, reporting $1.49 in EPS versus a $1.48 estimate and revenue of $91.36 million versus $89.63 million expected. Institutional investors own 93.93% of the company.

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $37.33, but opened at $34.76. Consensus Cloud Solutions shares last traded at $36.0550, with a volume of 25,088 shares traded.

Analyst Ratings Changes

Several equities analysts have commented on CCSI shares. Oppenheimer increased their price target on Consensus Cloud Solutions from $32.00 to $35.00 and gave the company an "outperform" rating in a report on Tuesday, May 12th. Weiss Ratings restated a "hold (c+)" rating on shares of Consensus Cloud Solutions in a research note on Tuesday. BTIG Research upped their price objective on shares of Consensus Cloud Solutions from $40.00 to $45.00 and gave the stock a "buy" rating in a report on Friday, July 24th. Finally, Wall Street Zen upgraded shares of Consensus Cloud Solutions from a "hold" rating to a "buy" rating in a research note on Sunday, May 17th. Three analysts have rated the stock with a Buy rating and one has assigned 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 target price of $38.33.

Consensus Cloud Solutions Stock Performance

The stock has a market cap of $663.41 million, a P/E ratio of 7.87 and a beta of 1.57. The firm has a 50 day moving average of $36.01 and a two-hundred day moving average of $30.03. The company has a debt-to-equity ratio of 24.99, a quick ratio of 1.80 and a current ratio of 1.80.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.48 by $0.01. Consensus Cloud Solutions had a return on equity of 5,736.13% and a net margin of 25.09%.The company had revenue of $91.36 million for the quarter, compared to the consensus estimate 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. On average, research analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current fiscal year.

Insider Transactions at Consensus Cloud Solutions

In related news, Director Elaine Healy sold 4,000 shares of the business's stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total transaction of $137,080.00. Following the transaction, the director owned 27,658 shares of the company's stock, valued at approximately $947,839.66. The trade was a 12.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 3.65% of the company's stock.

Institutional Trading of Consensus Cloud Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the stock. LSV Asset Management lifted its position in Consensus Cloud Solutions by 81.2% in the fourth quarter. LSV Asset Management now owns 716,585 shares of the company's stock worth $15,636,000 after purchasing an additional 321,200 shares during the period. Principal Financial Group Inc. acquired a new stake in Consensus Cloud Solutions during the first quarter worth $890,000. Arrowstreet Capital Limited Partnership increased its holdings in Consensus Cloud Solutions by 10.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 376,489 shares of the company's stock valued at $8,938,000 after buying an additional 36,493 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Consensus Cloud Solutions in the 4th quarter valued at $1,116,000. Finally, Janus Henderson Group PLC raised its stake in shares of Consensus Cloud Solutions by 4.0% in the 1st quarter. Janus Henderson Group PLC now owns 2,468,048 shares of the company's stock valued at $58,591,000 after buying an additional 95,973 shares in the last quarter. 93.93% of the stock is currently owned by institutional investors and hedge funds.

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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