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

Consensus Cloud Solutions (NASDAQ:CCSI)‘s stock had its “buy” rating reiterated by analysts at BTIG Research in a research report issued to clients and investors on Friday, Benzinga reports. They presently have a $50.00 price target on the stock. BTIG Research’s target price indicates a potential upside of 40.81% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the company. Oppenheimer upped their target price on Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Three equities 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 has an average rating of “Moderate Buy” and a consensus target price of $41.67.

Consensus Cloud Solutions Price Performance

CCSI traded up $0.61 during trading hours on Friday, hitting $35.51. The company’s stock had a trading volume of 30,612 shares, compared to its average volume of 173,234. The business’s 50-day moving average price is $36.75 and its 200-day moving average price is $32.87. Consensus Cloud Solutions has a 12 month low of $20.20 and a 12 month high of $41.40. The stock has a market cap of $650.90 million, a price-to-earnings ratio of 7.17 and a beta of 1.57. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 13.19.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. The business had revenue of $91.36 million for the quarter, compared to analysts’ expectations 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 fiscal year.

Insider Activity at Consensus Cloud Solutions

In other Consensus Cloud Solutions news, CTO Jeffrey Sullivan sold 5,400 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total transaction of $203,580.00. Following the completion of the sale, the chief technology officer directly owned 114,968 shares of the company’s stock, valued at approximately $4,334,293.60. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.65% of the company’s stock.

Institutional Trading of Consensus Cloud Solutions

Several hedge funds have recently modified their holdings of the company. Hillsdale Investment Management Inc. lifted its position in shares of Consensus Cloud Solutions by 0.6% during the fourth quarter. Hillsdale Investment Management Inc. now owns 199,102 shares of the company’s stock valued at $4,344,000 after buying an additional 1,200 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Consensus Cloud Solutions by 2.5% during the first quarter. SG Americas Securities LLC now owns 52,185 shares of the company’s stock valued at $1,239,000 after buying an additional 1,276 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Consensus Cloud Solutions during the second quarter valued at about $49,000. Allspring Global Investments Holdings LLC raised its position in shares of Consensus Cloud Solutions by 11.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 14,238 shares of the company’s stock valued at $337,000 after purchasing an additional 1,487 shares during the last quarter. Finally, Rice Hall James & Associates LLC raised its position in shares of Consensus Cloud Solutions by 0.8% in the 4th quarter. Rice Hall James & Associates LLC now owns 192,912 shares of the company’s stock valued at $4,209,000 after purchasing an additional 1,579 shares during the last quarter. 93.93% of the stock is owned by hedge funds and other 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.