Consensus Cloud Solutions’ (CCSI) Buy Rating Reiterated at BTIG Research

BTIG Research reaffirmed their buy rating on shares of Consensus Cloud Solutions (NASDAQ:CCSI) in a research note issued to investors on Friday morning,Benzinga reports. They currently have a $50.00 price target on the stock.

Other research analysts have also recently issued reports about the stock. Oppenheimer increased 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. Weiss Ratings reissued a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Consensus Cloud Solutions currently has an average rating of “Moderate Buy” and an average price target of $41.67.

Consensus Cloud Solutions Stock Performance

NASDAQ:CCSI opened at $35.22 on Friday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 13.19. Consensus Cloud Solutions has a fifty-two week low of $20.20 and a fifty-two week high of $41.40. The stock has a market cap of $645.58 million, a PE ratio of 7.13 and a beta of 1.57. The firm’s fifty day simple moving average is $36.81 and its 200-day simple moving average is $32.77.

Consensus Cloud Solutions (NASDAQ:CCSI) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.48 by $0.01. The firm had revenue of $91.36 million during the quarter, compared to analysts’ expectations of $89.63 million. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. 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. 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 business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total value of $203,580.00. Following the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.65% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Consensus Cloud Solutions

Several hedge funds have recently added to or reduced their stakes in CCSI. Engineers Gate Manager LP raised its position in Consensus Cloud Solutions by 12.9% during the second quarter. Engineers Gate Manager LP now owns 18,619 shares of the company’s stock worth $710,000 after acquiring an additional 2,125 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Consensus Cloud Solutions in the second quarter valued at about $49,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Consensus Cloud Solutions in the second quarter valued at approximately $321,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Consensus Cloud Solutions in the second quarter valued at approximately $7,690,000. Finally, Bank of America Corp DE purchased a new position in shares of Consensus Cloud Solutions during the 2nd quarter worth approximately $1,664,000. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

Consensus Cloud Solutions Company Profile

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.