Consensus Cloud Solutions (NASDAQ:CCSI) Cut to Hold at Wall Street Zen

Consensus Cloud Solutions (NASDAQ:CCSI) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

CCSI has been the subject of several other research reports. Wedbush increased their target price on shares of Consensus Cloud Solutions from $26.00 to $35.00 and gave the stock an “outperform” rating in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Consensus Cloud Solutions in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $29.75.

Consensus Cloud Solutions Price Performance

Shares of CCSI traded down $0.51 during mid-day trading on Friday, reaching $24.48. 266,267 shares of the company’s stock were exchanged, compared to its average volume of 145,075. The business’s fifty day simple moving average is $27.56 and its 200-day simple moving average is $24.26. The stock has a market capitalization of $464.56 million, a PE ratio of 5.81 and a beta of 1.53. Consensus Cloud Solutions has a 52-week low of $17.84 and a 52-week high of $32.10.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its quarterly earnings results on Wednesday, November 5th. The company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.36 by $0.02. Consensus Cloud Solutions had a net margin of 23.48% and a negative return on equity of 234.27%. The firm had revenue of $87.77 million during the quarter, compared to the consensus estimate of $87.58 million. Consensus Cloud Solutions has set its Q4 2025 guidance at 1.270-1.370 EPS. Equities research analysts predict that Consensus Cloud Solutions will post 5.17 earnings per share for the current year.

Institutional Investors Weigh In On Consensus Cloud Solutions

A number of institutional investors have recently added to or reduced their stakes in the business. Denali Advisors LLC increased its position in Consensus Cloud Solutions by 13.6% during the 3rd quarter. Denali Advisors LLC now owns 277,038 shares of the company’s stock worth $8,137,000 after purchasing an additional 33,198 shares during the period. New South Capital Management Inc. lifted its holdings in shares of Consensus Cloud Solutions by 38.6% in the 3rd quarter. New South Capital Management Inc. now owns 429,574 shares of the company’s stock valued at $12,617,000 after buying an additional 119,580 shares during the period. LSV Asset Management boosted its stake in shares of Consensus Cloud Solutions by 6.1% in the third quarter. LSV Asset Management now owns 395,385 shares of the company’s stock valued at $11,612,000 after buying an additional 22,884 shares in the last quarter. Versor Investments LP acquired a new position in Consensus Cloud Solutions during the third quarter worth $561,000. Finally, Ballast Asset Management LP raised its position in Consensus Cloud Solutions by 2.1% in the third quarter. Ballast Asset Management LP now owns 120,457 shares of the company’s stock worth $3,538,000 after acquiring an additional 2,522 shares in the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

About Consensus Cloud Solutions

Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.