BTIG Research Reaffirms Buy Rating for Consensus Cloud Solutions (NASDAQ:CCSI)

Consensus Cloud Solutions (NASDAQ:CCSI)‘s stock had its “buy” rating restated by stock analysts at BTIG Research in a research report issued to clients and investors on Friday, Benzinga reports. They currently have a $50.00 price objective on the stock. BTIG Research’s target price would indicate a potential upside of 41.72% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research report on Tuesday, August 4th. Oppenheimer lifted their target price on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a 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 company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.67.

Consensus Cloud Solutions Trading Down 0.3%

CCSI traded down $0.09 on Friday, hitting $35.28. 21,302 shares of the company were exchanged, compared to its average volume of 174,529. Consensus Cloud Solutions has a 12 month low of $20.20 and a 12 month high of $41.40. The stock has a market capitalization of $646.68 million, a PE ratio of 7.17 and a beta of 1.57. The company has a debt-to-equity ratio of 13.19, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a fifty day simple moving average of $36.85 and a two-hundred day simple moving average of $32.73.

Consensus Cloud Solutions (NASDAQ:CCSI) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.01. Consensus Cloud Solutions had a return on equity of 502.63% and a net margin of 26.69%.The firm had revenue of $91.36 million for the quarter, compared to analyst estimates 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. Sell-side analysts expect that Consensus Cloud Solutions will post 5.03 earnings per share for the current year.

Insider Buying and Selling at Consensus Cloud Solutions

In related news, CTO Jeffrey Sullivan sold 5,400 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total value of $203,580.00. Following the completion of the transaction, the chief technology officer directly owned 114,968 shares in the company, valued at $4,334,293.60. The trade was a 4.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.65% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Jupiter Topco LLC bought a new position in Consensus Cloud Solutions during the 2nd quarter valued at about $94,988,000. Heron Bay Capital Management purchased a new position in shares of Consensus Cloud Solutions during the second quarter valued at approximately $70,076,000. Janus Henderson Group PLC lifted its position in Consensus Cloud Solutions by 4.0% during the first quarter. Janus Henderson Group PLC now owns 2,468,048 shares of the company’s stock valued at $58,591,000 after purchasing an additional 95,973 shares during the period. BlackRock Inc. purchased a new stake in Consensus Cloud Solutions in the second quarter worth approximately $52,676,000. Finally, Arrowstreet Capital Limited Partnership grew its position 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 worth $8,938,000 after purchasing an additional 36,493 shares during the period. Hedge funds and other institutional investors own 93.93% of the company’s stock.

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.