Consensus Cloud Solutions (NASDAQ:CCSI) Stock Price Up 4.3% – Should You Buy?

Shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) were up 4.3% on Monday . The company traded as high as $22.45 and last traded at $22.27. Approximately 174,454 shares traded hands during trading, an increase of 20% from the average daily volume of 145,578 shares. The stock had previously closed at $21.36.

Analysts Set New Price Targets

Several brokerages recently commented on CCSI. Weiss Ratings reiterated a “hold (c)” rating on shares of Consensus Cloud Solutions in a report on Wednesday, January 21st. Wall Street Zen upgraded Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, November 16th. Finally, Wedbush increased their price target on Consensus Cloud Solutions from $26.00 to $35.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Two equities 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $33.50.

Consensus Cloud Solutions Price Performance

The stock’s 50-day moving average price is $22.37 and its 200 day moving average price is $24.43. The firm has a market capitalization of $423.35 million, a PE ratio of 5.29 and a beta of 1.55.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CCSI. Heron Bay Capital Management increased its position in Consensus Cloud Solutions by 21.3% during the 2nd quarter. Heron Bay Capital Management now owns 1,178,746 shares of the company’s stock valued at $27,182,000 after purchasing an additional 207,072 shares during the period. Russell Investments Group Ltd. increased its holdings in Consensus Cloud Solutions by 239.3% during the third quarter. Russell Investments Group Ltd. now owns 170,445 shares of the company’s stock valued at $5,006,000 after buying an additional 120,205 shares during the period. Kent Lake PR LLC raised its stake in Consensus Cloud Solutions by 92.6% in the second quarter. Kent Lake PR LLC now owns 250,000 shares of the company’s stock worth $5,765,000 after buying an additional 120,200 shares in the last quarter. New South Capital Management Inc. raised its stake in Consensus Cloud Solutions by 38.6% in the third quarter. New South Capital Management Inc. now owns 429,574 shares of the company’s stock worth $12,617,000 after buying an additional 119,580 shares in the last quarter. Finally, Hillsdale Investment Management Inc. lifted its holdings in Consensus Cloud Solutions by 39.8% during the third quarter. Hillsdale Investment Management Inc. now owns 197,902 shares of the company’s stock worth $5,812,000 after buying an additional 56,308 shares during the period. 93.93% of the stock is currently owned by 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.