Consensus Cloud Solutions (NASDAQ:CCSI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Consensus Cloud Solutions (NASDAQ:CCSI) from a hold rating to a buy rating in a research note published on Sunday.

Other research analysts have also issued research reports about the company. Wedbush lifted their price target on Consensus Cloud Solutions from $26.00 to $35.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Consensus Cloud Solutions in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $29.00.

Consensus Cloud Solutions Trading Down 1.5%

Shares of CCSI stock opened at $21.65 on Friday. Consensus Cloud Solutions has a 12-month low of $17.84 and a 12-month high of $32.10. The business’s 50 day moving average is $27.06 and its two-hundred day moving average is $24.50. The company has a market capitalization of $411.57 million, a P/E ratio of 5.14 and a beta of 1.53.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its quarterly earnings results on Wednesday, November 5th. The company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.02. The firm had revenue of $87.77 million during the quarter, compared to the consensus estimate of $87.58 million. Consensus Cloud Solutions had a net margin of 23.48% and a negative return on equity of 234.27%. Consensus Cloud Solutions has set its Q4 2025 guidance at 1.270-1.370 EPS. On average, research analysts predict that Consensus Cloud Solutions will post 5.17 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Consensus Cloud Solutions by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,810 shares of the company’s stock worth $249,000 after purchasing an additional 468 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Consensus Cloud Solutions by 0.9% during the third quarter. First Trust Advisors LP now owns 58,614 shares of the company’s stock worth $1,721,000 after buying an additional 504 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Consensus Cloud Solutions by 0.7% during the first quarter. Bank of New York Mellon Corp now owns 80,971 shares of the company’s stock worth $1,869,000 after buying an additional 528 shares during the last quarter. Franklin Resources Inc. increased its position in Consensus Cloud Solutions by 3.9% in the 3rd quarter. Franklin Resources Inc. now owns 14,066 shares of the company’s stock valued at $413,000 after acquiring an additional 529 shares during the period. Finally, Tower Research Capital LLC TRC increased its position in 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 valued at $46,000 after acquiring an additional 570 shares during the period. Institutional investors and hedge funds own 93.93% of the company’s stock.

About Consensus Cloud Solutions

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.