Consensus Cloud Solutions (NASDAQ:CCSI) Earns Buy Rating from BTIG Research

Consensus Cloud Solutions (NASDAQ:CCSI)‘s stock had its “buy” rating reiterated by stock analysts at BTIG Research in a note issued to investors on Friday, Benzinga reports. They presently have a $50.00 target price on the stock. BTIG Research’s target price indicates a potential upside of 41.36% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Oppenheimer increased their price target on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock 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 report on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Consensus Cloud Solutions Stock Down 1.2%

NASDAQ CCSI opened at $35.37 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 13.19. The company has a market cap of $648.33 million, a price-to-earnings ratio of 7.16 and a beta of 1.57. The company has a 50 day moving average of $36.85 and a 200-day moving average of $32.73. Consensus Cloud Solutions has a 1-year low of $20.20 and a 1-year high of $41.40.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.01. The firm had revenue of $91.36 million for the quarter, compared to analyst estimates 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 will post 5.03 earnings per share for the current fiscal year.

Insider Activity at Consensus Cloud Solutions

In related news, CTO Jeffrey Sullivan sold 5,400 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total transaction of $203,580.00. Following the sale, the chief technology officer owned 114,968 shares of the company’s stock, valued at $4,334,293.60. This trade represents a 4.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 3.65% of the company’s stock.

Hedge Funds Weigh In On Consensus Cloud Solutions

Large investors have recently bought and sold shares of the company. Jupiter Topco LLC bought a new position in shares of Consensus Cloud Solutions during the 2nd quarter worth approximately $94,988,000. Heron Bay Capital Management bought a new position in Consensus Cloud Solutions during the second quarter worth $70,076,000. BlackRock Inc. acquired a new stake in Consensus Cloud Solutions in the second quarter worth $52,676,000. Rice Hall James & Associates LLC acquired a new stake in Consensus Cloud Solutions in the second quarter worth $7,855,000. Finally, Public Employees Retirement System of Ohio bought a new stake in Consensus Cloud Solutions in the second quarter valued at $7,690,000. 93.93% of the stock is currently 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.