Consensus Cloud Solutions (NASDAQ:CCSI) Price Target Raised to $45.00

Consensus Cloud Solutions (NASDAQ:CCSI) had its price target increased by BTIG Research from $40.00 to $45.00 in a report issued on Friday morning, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

Several other brokerages have also recently commented on CCSI. Oppenheimer boosted their price target on shares of Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Wall Street Zen upgraded shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 17th. Finally, Weiss Ratings raised shares of Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Consensus Cloud Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $38.33.

Consensus Cloud Solutions Stock Performance

Consensus Cloud Solutions stock opened at $36.37 on Friday. Consensus Cloud Solutions has a 12-month low of $19.42 and a 12-month high of $41.40. The company has a debt-to-equity ratio of 24.99, a current ratio of 1.80 and a quick ratio of 1.80. The stock has a market capitalization of $669.21 million, a PE ratio of 7.94 and a beta of 1.56. The firm has a 50 day simple moving average of $34.54 and a 200-day simple moving average of $29.08.

Consensus Cloud Solutions (NASDAQ:CCSI) last announced its earnings results on Thursday, May 7th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.40 by $0.12. The firm had revenue of $88.47 million for the quarter, compared to analysts’ expectations of $87.34 million. Consensus Cloud Solutions had a return on equity of 5,736.13% and a net margin of 25.09%.Consensus Cloud Solutions has set its Q2 2026 guidance at 1.430-1.530 EPS and its FY 2026 guidance at 5.550-5.950 EPS. As a group, equities research analysts expect that Consensus Cloud Solutions will post 5.08 EPS for the current fiscal year.

Insider Activity

In other news, Director Elaine Healy sold 4,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total transaction of $137,080.00. Following the completion of the sale, the director directly owned 27,658 shares of the company’s stock, valued at $947,839.66. This represents a 12.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 3.65% of the stock is owned by company insiders.

Hedge Funds Weigh In On Consensus Cloud Solutions

A number of institutional investors have recently bought and sold shares of the stock. Quarry LP acquired a new stake in Consensus Cloud Solutions during the 4th quarter worth about $25,000. State of Alaska Department of Revenue purchased a new position in shares of Consensus Cloud Solutions in the fourth quarter worth approximately $46,000. Tower Research Capital LLC TRC increased its position in shares of Consensus Cloud Solutions by 40.5% in the second quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock worth $46,000 after acquiring an additional 570 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Consensus Cloud Solutions by 104.9% during the third quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock valued at $111,000 after acquiring an additional 1,942 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in shares of Consensus Cloud Solutions during the second quarter valued at approximately $112,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.

About Consensus Cloud Solutions

Consensus Cloud Solutions (NASDAQ: CCSI) is a provider of cloud consulting and managed services focused on helping organizations accelerate digital transformation. The company specializes in designing, deploying and supporting cloud architectures that leverage leading public and private cloud platforms, including infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS) environments. Its end-to-end approach encompasses strategy, implementation and ongoing optimization to align technology investments with business objectives.

The firm’s core offerings include cloud migration and deployment, application modernization, data analytics and cybersecurity solutions.