Consensus Cloud Solutions (NASDAQ:CCSI) Price Target Raised to $50.00

Consensus Cloud Solutions (NASDAQ:CCSI) had its price objective increased by BTIG Research from $45.00 to $50.00 in a research report sent to investors on Monday morning,Benzinga reports. The firm currently has a buy rating on the stock.

A number of other research analysts have also issued reports on CCSI. Weiss Ratings reissued a “hold (c+)” rating on shares of Consensus Cloud Solutions in a report on Tuesday, August 4th. Oppenheimer lifted their price objective on shares of Consensus Cloud Solutions from $32.00 to $35.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Finally, Wall Street Zen raised shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Consensus Cloud Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.

Consensus Cloud Solutions Stock Performance

NASDAQ CCSI opened at $37.94 on Monday. The company has a quick ratio of 1.80, a current ratio of 1.90 and a debt-to-equity ratio of 13.19. Consensus Cloud Solutions has a 52-week low of $20.20 and a 52-week high of $41.40. The business’s 50-day moving average price is $36.18 and its 200 day moving average price is $30.46. The firm has a market cap of $695.25 million, a P/E ratio of 7.68 and a beta of 1.57.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted 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. 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 during the quarter, compared to the consensus estimate 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. On average, equities research analysts expect that Consensus Cloud Solutions will post 5.08 earnings per share for the current year.

Insider Activity at Consensus Cloud Solutions

In related news, Director Elaine Healy sold 4,000 shares of Consensus Cloud Solutions stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total value of $137,080.00. Following the sale, the director directly owned 27,658 shares in the company, valued at $947,839.66. The trade was a 12.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.65% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Consensus Cloud Solutions

Institutional investors have recently made changes to their positions in the stock. Quarry LP purchased a new position in shares of Consensus Cloud Solutions in the 4th quarter valued at about $25,000. State of Alaska Department of Revenue purchased a new stake in Consensus Cloud Solutions during the fourth quarter worth about $46,000. Tower Research Capital LLC TRC grew its position in Consensus Cloud Solutions by 40.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock worth $46,000 after buying an additional 570 shares during the period. BNP Paribas Financial Markets grew its position in Consensus Cloud Solutions by 104.9% during the third quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock worth $111,000 after buying an additional 1,942 shares during the period. Finally, Quantbot Technologies LP purchased a new position in Consensus Cloud Solutions in the second quarter valued at about $112,000. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

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.