Wall Street Zen upgraded shares of Consensus Cloud Solutions (NASDAQ:CCSI – Free Report) from a hold rating to a buy rating in a research note released on Sunday.
A number of other analysts have also commented on the stock. BTIG Research boosted their price target on shares of Consensus Cloud Solutions from $37.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Weiss Ratings upgraded shares of Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Finally, Oppenheimer boosted their price target on shares of Consensus Cloud Solutions from $32.00 to $35.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $36.67.
Read Our Latest Stock Report on CCSI
Consensus Cloud Solutions Stock Performance
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.12. The business had revenue of $88.47 million during the quarter, compared to analyst estimates of $87.34 million. Consensus Cloud Solutions had a net margin of 25.09% and a return on equity of 5,736.13%. Consensus Cloud Solutions has set its Q2 2026 guidance at 1.430-1.530 EPS and its FY 2026 guidance at 5.550-5.950 EPS. Analysts forecast that Consensus Cloud Solutions will post 5 EPS for the current fiscal year.
Institutional Trading of Consensus Cloud Solutions
Several institutional investors have recently made changes to their positions in the company. Quantinno Capital Management LP bought a new stake in shares of Consensus Cloud Solutions in the 1st quarter worth $484,000. Lazard Asset Management LLC grew its stake in shares of Consensus Cloud Solutions by 223.4% in the 1st quarter. Lazard Asset Management LLC now owns 69,299 shares of the company’s stock worth $1,645,000 after acquiring an additional 47,872 shares in the last quarter. Rice Hall James & Associates LLC grew its stake in shares of Consensus Cloud Solutions by 4.1% in the 1st quarter. Rice Hall James & Associates LLC now owns 200,904 shares of the company’s stock worth $4,769,000 after acquiring an additional 7,992 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Consensus Cloud Solutions by 27.0% in the 1st quarter. Public Employees Retirement System of Ohio now owns 179,767 shares of the company’s stock worth $4,268,000 after acquiring an additional 38,225 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Consensus Cloud Solutions by 10.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 376,489 shares of the company’s stock worth $8,938,000 after acquiring an additional 36,493 shares in the last quarter. Institutional investors own 93.93% of the company’s stock.
Consensus Cloud Solutions Company Profile
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.
See Also
- Five stocks we like better than Consensus Cloud Solutions
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Receive News & Ratings for Consensus Cloud Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consensus Cloud Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
