Consensus Cloud Solutions (NASDAQ:CCSI) Shares Gap Down - Should You Sell?

Key Points

• Consensus Cloud Solutions shares opened lower, falling from a prior close of $38.03 to $36.70, though the stock remained above its 200-day moving average.
• Analyst sentiment remains positive: three analysts rate the stock a Buy and one a Hold, producing a “Moderate Buy” consensus and an average price target of $41.67.
• The company slightly exceeded quarterly expectations, reporting $1.49 in earnings per share versus $1.48 expected and $91.36 million in revenue versus $89.63 million estimated. Institutional investors own approximately 93.93% of the shares, while a company CTO recently sold 5,400 shares.

Shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $38.03, but opened at $36.70. Consensus Cloud Solutions shares last traded at $36.7070, with a volume of 6,055 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Oppenheimer upped their target price on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the company an "outperform" rating in a research report on Monday, August 10th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Finally, BTIG Research increased their price target on shares of Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $41.67.

Consensus Cloud Solutions Stock Up 0.1%

The company has a market capitalization of $671.98 million, a P/E ratio of 7.42 and a beta of 1.57. 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 firm has a fifty day simple moving average of $37.09 and a 200-day simple moving average of $32.52.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.01. The business had revenue of $91.36 million for the quarter, compared to analysts' expectations 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 expect that Consensus Cloud Solutions, Inc. will post 5.03 EPS for the current fiscal year.

Insider Activity

In related news, CTO Jeffrey Sullivan sold 5,400 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total transaction of $203,580.00. Following the completion of the transaction, the chief technology officer directly owned 114,968 shares in the company, valued at approximately $4,334,293.60. This trade represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.65% of the company's stock.

Hedge Funds Weigh In On Consensus Cloud Solutions

Hedge funds have recently made changes to their positions in the business. Jupiter Topco LLC acquired a new position in Consensus Cloud Solutions during the second quarter valued at approximately $94,988,000. Janus Henderson Group PLC lifted its stake in Consensus Cloud Solutions by 4.0% in the first 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. Heron Bay Capital Management acquired a new stake in Consensus Cloud Solutions in the second quarter valued at $70,076,000. BlackRock Inc. bought a new position in shares of Consensus Cloud Solutions in the 2nd quarter valued at about $52,676,000. Finally, LSV Asset Management increased its stake in shares of Consensus Cloud Solutions by 81.2% during the 4th 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 last quarter. 93.93% of the stock is owned by institutional investors.

About Consensus Cloud Solutions

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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