Consensus Cloud Solutions (NASDAQ:CCSI) Stock Price Up 8.5% After Analyst Upgrade

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)’s share price shot up 8.5% during mid-day trading on Monday after BTIG Research raised their price target on the stock from $45.00 to $50.00. BTIG Research currently has a buy rating on the stock. Consensus Cloud Solutions traded as high as $38.40 and last traded at $38.1140. 12,848 shares were traded during trading, a decline of 93% from the average daily volume of 173,742 shares. The stock had previously closed at $35.14.

A number of other equities analysts have also commented on the stock. Oppenheimer boosted their price target 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. Weiss Ratings restated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research report on Tuesday, August 4th. Finally, 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. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $40.00.

Insider Activity at Consensus Cloud Solutions

In other news, Director Elaine Healy sold 4,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was 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. This represents a 12.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.65% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Consensus Cloud Solutions

Large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Consensus Cloud Solutions in the 2nd quarter valued at approximately $52,676,000. LSV Asset Management raised its holdings in shares of Consensus Cloud Solutions by 81.2% during the fourth quarter. LSV Asset Management now owns 716,585 shares of the company’s stock worth $15,636,000 after acquiring an additional 321,200 shares during the period. Rice Hall James & Associates LLC acquired a new stake in shares of Consensus Cloud Solutions in the 2nd quarter valued at about $7,855,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Consensus Cloud Solutions by 127,106.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 129,751 shares of the company’s stock worth $2,831,000 after acquiring an additional 129,649 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of Consensus Cloud Solutions by 239.3% in the third quarter. Russell Investments Group Ltd. now owns 170,445 shares of the company’s stock valued at $5,006,000 after purchasing an additional 120,205 shares during the last quarter. Institutional investors own 93.93% of the company’s stock.

Consensus Cloud Solutions Stock Performance

The stock’s 50-day moving average price is $36.02 and its 200 day moving average price is $30.12. The firm has a market cap of $695.08 million, a P/E ratio of 7.73 and a beta of 1.57. The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.80.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its earnings results on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. The business 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. As a group, equities analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current 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.