BTIG Research Forecasts Strong Price Appreciation for Consensus Cloud Solutions (NASDAQ:CCSI) Stock

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) had its price objective hoisted by equities researchers at BTIG Research from $40.00 to $45.00 in a research note issued on Friday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. BTIG Research’s target price would indicate a potential upside of 23.73% from the stock’s current price.

Other analysts also recently issued reports about the company. Oppenheimer lifted their price target on Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Weiss Ratings upgraded Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Finally, Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 17th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $38.33.

Get Our Latest Stock Analysis on CCSI

Consensus Cloud Solutions Price Performance

Shares of CCSI opened at $36.37 on Friday. Consensus Cloud Solutions has a twelve month low of $19.42 and a twelve month high of $41.40. The firm’s fifty day simple moving average is $34.54 and its 200-day simple moving average is $29.03. The firm has a market capitalization of $669.21 million, a price-to-earnings ratio of 7.94 and a beta of 1.56. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 24.99.

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.12. The business had revenue of $88.47 million during the quarter, compared to analysts’ expectations of $87.34 million. Consensus Cloud Solutions had a net margin of 25.09% and a return on equity of 5,736.13%. 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. Equities analysts forecast that Consensus Cloud Solutions will post 5.08 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Elaine Healy sold 4,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total value 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. The trade was a 12.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.65% of the stock is currently owned by company insiders.

Institutional Trading of Consensus Cloud Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Consensus Cloud Solutions by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,810 shares of the company’s stock valued at $249,000 after purchasing an additional 468 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Consensus Cloud Solutions by 4.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,499 shares of the company’s stock worth $245,000 after buying an additional 473 shares during the period. First Trust Advisors LP lifted its stake in Consensus Cloud Solutions by 0.9% in the third quarter. First Trust Advisors LP now owns 58,614 shares of the company’s stock valued at $1,721,000 after buying an additional 504 shares during the last quarter. Franklin Resources Inc. lifted its stake in Consensus Cloud Solutions by 3.9% in the third quarter. Franklin Resources Inc. now owns 14,066 shares of the company’s stock valued at $413,000 after buying an additional 529 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings 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 valued at $46,000 after acquiring an additional 570 shares during the period. Institutional investors and hedge funds own 93.93% of the company’s stock.

About Consensus Cloud Solutions

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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.

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