Consensus Cloud Solutions (NASDAQ:CCSI) Shares Up 5.2% on Analyst Upgrade

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) shares rose 5.2% during mid-day trading on Friday after BTIG Research raised their price target on the stock from $40.00 to $45.00. BTIG Research currently has a buy rating on the stock. Consensus Cloud Solutions traded as high as $36.89 and last traded at $36.34. Approximately 13,496 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 178,342 shares. The stock had previously closed at $34.55.

A number of other research firms also recently weighed in on CCSI. Oppenheimer lifted their target price on Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a 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 note 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 report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Consensus Cloud Solutions currently has an average rating of “Moderate Buy” and an average target price of $38.33.

Insider Buying and Selling at Consensus Cloud Solutions

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 in the company, valued at approximately $947,839.66. This represents a 12.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.65% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP acquired a new stake in Consensus Cloud Solutions during the fourth quarter worth about $25,000. State of Alaska Department of Revenue acquired a new position in shares of Consensus Cloud Solutions in the 4th quarter valued at approximately $46,000. Tower Research Capital LLC TRC lifted its holdings in shares of Consensus Cloud Solutions by 40.5% during the 2nd 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 during the period. BNP Paribas Financial Markets boosted its position in shares of Consensus Cloud Solutions by 104.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock worth $111,000 after acquiring an additional 1,942 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Consensus Cloud Solutions in the second quarter valued at approximately $112,000. Institutional investors and hedge funds own 93.93% of the company’s stock.

Consensus Cloud Solutions Price Performance

The firm has a market capitalization of $669.21 million, a P/E ratio of 7.94 and a beta of 1.56. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 24.99. The business’s 50 day moving average is $34.54 and its 200-day moving average is $29.03.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its earnings results on Thursday, May 7th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.12. The firm had revenue of $88.47 million during 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, sell-side analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current fiscal year.

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.