Should I buy or sell Consensus Cloud Solutions stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Consensus Cloud Solutions in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CCSI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCSI, but not buy additional shares or sell existing shares. View CCSI analyst ratings or view top-rated stocks .

What is Consensus Cloud Solutions' stock price target for 2024?

4 brokers have issued 12-month target prices for Consensus Cloud Solutions' shares. Their CCSI share price targets range from $20.00 to $45.00. On average, they expect the company's stock price to reach $32.50 in the next twelve months. This suggests a possible upside of 157.7% from the stock's current price. View analysts price targets for CCSI or view top-rated stocks among Wall Street analysts .

How have CCSI shares performed in 2024?

Consensus Cloud Solutions' stock was trading at $26.21 at the beginning of 2024. Since then, CCSI shares have decreased by 51.9% and is now trading at $12.61. View the best growth stocks for 2024 here .

Are investors shorting Consensus Cloud Solutions?

Consensus Cloud Solutions saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 633,800 shares, a decrease of 46.7% from the March 15th total of 1,190,000 shares. Based on an average trading volume of 380,900 shares, the short-interest ratio is presently 1.7 days. Approximately 3.6% of the company's shares are short sold. View Consensus Cloud Solutions' Short Interest .

When is Consensus Cloud Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our CCSI earnings forecast .

How can I listen to Consensus Cloud Solutions' earnings call?

Consensus Cloud Solutions will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Consensus Cloud Solutions' earnings last quarter?

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) released its earnings results on Wednesday, February, 21st. The company reported $0.90 EPS for the quarter, hitting the consensus estimate of $0.90. The business earned $87.75 million during the quarter, compared to analysts' expectations of $89.05 million. Consensus Cloud Solutions had a negative trailing twelve-month return on equity of 40.27% and a net margin of 21.32%.

What ETFs hold Consensus Cloud Solutions' stock?

ETFs with the largest weight of Consensus Cloud Solutions (NASDAQ:CCSI) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD) and Royce Quant Small-Cap Quality Value ETF (SQLV) . Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR) .

What guidance has Consensus Cloud Solutions issued on next quarter's earnings?

Consensus Cloud Solutions issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of 1.270-1.330 for the period, compared to the consensus earnings per share estimate of 1.290. The company issued revenue guidance of $85.0 million-$89.0 million, compared to the consensus revenue estimate of $91.4 million.

Who are Consensus Cloud Solutions' major shareholders?

Consensus Cloud Solutions' stock is owned by a variety of retail and institutional investors. Top institutional investors include Bridge City Capital LLC (0.30%). Insiders that own company stock include Elaine Healy and James C Malone. View institutional ownership trends .

How do I buy shares of Consensus Cloud Solutions?

Shares of CCSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CCSI

Consensus Cloud Solutions (CCSI) Stock Price, News & Analysis

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$12.61

-0.08 (-0.63%)

(As of 04/15/2024 ET)

Compare

Today's Range: $12.40
▼
$12.84
50-Day Range: $12.61
▼
$20.91
52-Week Range: $12.40
▼
$39.81

Volume: 193,099 shs
Average Volume: 360,212 shs
Market Capitalization: $242.24 million

P/E Ratio: 3.20
Dividend Yield: N/A
Price Target: $32.50

Get Consensus Cloud Solutions alerts:

Consensus Cloud Solutions MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 157.7% Upside
$32.50 Price Target
Short Interest: Healthy
3.59% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.21
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 6.70%
From $4.33 to $4.62 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.42 out of 5 stars

Computer And Technology Sector

239th out of 594 stocks

Prepackaged Software Industry

71st out of 199 stocks

3.1

Analyst's Opinion

Consensus Rating
Consensus Cloud Solutions has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.
Amount of Analyst Coverage
Consensus Cloud Solutions has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
3.59% of the float of Consensus Cloud Solutions has been sold short.
Short Interest Ratio / Days to Cover
Consensus Cloud Solutions has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Consensus Cloud Solutions has recently decreased by 46.74%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Consensus Cloud Solutions does not currently pay a dividend.
Dividend Growth
Consensus Cloud Solutions does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CCSI.

2.9

News and Social Media Coverage

News Sentiment
Consensus Cloud Solutions has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Consensus Cloud Solutions this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for CCSI on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Consensus Cloud Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Consensus Cloud Solutions insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.29% of the stock of Consensus Cloud Solutions is held by insiders.
Percentage Held by Institutions
93.93% of the stock of Consensus Cloud Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Consensus Cloud Solutions are expected to grow by 6.70% in the coming year, from $4.33 to $4.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Consensus Cloud Solutions is 3.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of Consensus Cloud Solutions is 3.20, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 246.80.

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About Consensus Cloud Solutions Stock (NASDAQ:CCSI)

Consensus Cloud Solutions, Inc., together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present. It also offers jsign, an electronic and digital signature solution; Conductor, an interface engine and interoperability platform that provides integration technology; Clarity that transforms unstructured documents into structured actionable data; and eFax, an online faxing solution, as well as other products under the MyFax, MetroFax, Sfax, and SRfax brands. In addition, the company provides ECFax, an Corporate eFax. It serves healthcare, government, financial services, law, and education sectors. Consensus Cloud Solutions, Inc. was incorporated in 2021 and is headquartered in Los Angeles, California.

CCSI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CCSI Stock News Headlines

April 14, 2024 | morningstar.com

Consensus Cloud Solutions Inc Ordinary Shares CCSI

April 11, 2024 | seekingalpha.com

CCSI Consensus Cloud Solutions, Inc.

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 8, 2024 | finance.yahoo.com

Consensus Cloud Solutions to Host Q1 Investor Call on May 8th, 2024

March 29, 2024 | markets.businessinsider.com

Gray Skies Ahead? 3 Cloud Stocks That Will Be Gone in 10 Years

March 28, 2024 | finance.yahoo.com

Is It Too Late To Consider Buying Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)?

March 6, 2024 | finance.yahoo.com

Consensus Cloud Solutions to Reimagine Secure Faxing and AI for Healthcare at HIMSS 2024

March 1, 2024 | finance.yahoo.com

Consensus Cloud Solutions Full Year 2023 Earnings: EPS Misses Expectations

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

February 29, 2024 | seekingalpha.com

Consensus Cloud Solutions: Compellingly Cheap

February 25, 2024 | finance.yahoo.com

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Analysts Are Cutting Their Estimates: Here's What You Need To Know

February 22, 2024 | finance.yahoo.com

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Q4 2023 Earnings Call Transcript

February 21, 2024 | msn.com

Consensus Cloud Solutions GAAP EPS of $1.11 beats by $0.13, revenue of $87.75M misses by $1.11M

February 21, 2024 | finance.yahoo.com

Consensus Cloud Solutions, Inc. Provides Fourth Quarter and Full Year 2023 Results (Preliminary and Unaudited); Releases Q1 and Full Year 2024 Guidance

February 21, 2024 | finance.yahoo.com

Consensus Cloud Solutions Inc (CCSI) Reports Mixed Financial Results for Q4 and Full Year 2023

February 21, 2024 | tmcnet.com

Compex Legal Services Partners with Consensus Cloud Solutions to Provide an e-Signature Solution for Law Firms

February 21, 2024 | nasdaq.com

Consensus Cloud Solutions Rings the Opening Bell

February 20, 2024 | benzinga.com

Earnings Outlook For Consensus Cloud Solutions

February 17, 2024 | finance.yahoo.com

CCSI Mar 2024 30.000 call

February 13, 2024 | finance.yahoo.com

Consensus Cloud Solutions to Showcase AI-Powered Solutions for Advanced Data Transformation at ViVE 2024

January 28, 2024 | markets.businessinsider.com

Hold Rating on Consensus Cloud Solutions Amidst Growth Challenges and Strategic Initiatives

January 22, 2024 | finance.yahoo.com

Consensus Cloud Solutions to Host Q4 and 2023 Year End Investor Call on February 21, 2024

January 18, 2024 | finance.yahoo.com

Consensus Cloud Solutions Appoints Accomplished Industry Leader, Johnny Hecker, as Chief Revenue Officer

December 30, 2023 | seekingalpha.com

Consensus Cloud Solutions: Growth Remains Elusive, Neutral

December 18, 2023 | finance.yahoo.com

Consensus Cloud Solutions to Participate at the 42nd Annual J.P. Morgan Healthcare Conference in January 2024

December 11, 2023 | finance.yahoo.com

Consensus Cloud Solutions Achieves HITRUST Risk-based, 2-year Re-Certification Sustaining the Highest Level of Information Protection Assurance

November 29, 2023 | finance.yahoo.com

Why The 24% Return On Capital At Consensus Cloud Solutions (NASDAQ:CCSI) Should Have Your Attention

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/15/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:CCSI
CUSIP: N/A
CIK: 1866633
Web: www.consensus.com
Phone: 323-860-9200
Fax: N/A
Employees: 559
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $32.50
High Stock Price Target: $45.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +157.7%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.94
Trailing P/E Ratio: 3.20
Forward P/E Ratio: 2.91
P/E Growth: N/A
Net Income: $77.29 million
Net Margins: 21.32%
Pretax Margin: 28.45%
Return on Equity: -40.27%
Return on Assets: 12.51%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.75
Quick Ratio: 1.75

Sales & Book Value

Annual Sales: $362.56 million
Price / Sales: 0.67
Cash Flow: $5.37 per share
Price / Cash Flow: 2.35
Book Value: ($9.20) per share
Price / Book: -1.37

Miscellaneous

Outstanding Shares: 19,210,000
Free Float: 18,770,000
Market Cap: $242.24 million
Optionable: Optionable
Beta: 0.96

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Key Executives

Mr. R. Scott Turicchi (Age 61)
CEO & Director
Comp: $948.17k
Mr. James C. Malone (Age 75)
CFO & Principal Accounting Officer
Comp: $406.65k
Mr. Jeffrey Alan Sullivan (Age 59)
Chief Technology Officer
Comp: $404.52k
Ms. Vithya Aubee (Age 36)
Chief Legal Officer, VP & Secretary
Comp: $346.59k
Mr. Johnny Hecker
Chief Revenue Officer & Executive VP of Operations
Ms. Lynn M. Johnson
Chief People Officer
Mr. Adam Varon
Senior Vice President of Finance

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CCSI Stock Analysis - Frequently Asked Questions

Should I buy or sell Consensus Cloud Solutions stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Consensus Cloud Solutions in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CCSI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCSI, but not buy additional shares or sell existing shares.
View CCSI analyst ratings or view top-rated stocks.
What is Consensus Cloud Solutions' stock price target for 2024?: 4 brokers have issued 12-month target prices for Consensus Cloud Solutions' shares. Their CCSI share price targets range from $20.00 to $45.00. On average, they expect the company's stock price to reach $32.50 in the next twelve months. This suggests a possible upside of 157.7% from the stock's current price.
View analysts price targets for CCSI or view top-rated stocks among Wall Street analysts.
How have CCSI shares performed in 2024?: Consensus Cloud Solutions' stock was trading at $26.21 at the beginning of 2024. Since then, CCSI shares have decreased by 51.9% and is now trading at $12.61.
View the best growth stocks for 2024 here.
Are investors shorting Consensus Cloud Solutions?: Consensus Cloud Solutions saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 633,800 shares, a decrease of 46.7% from the March 15th total of 1,190,000 shares. Based on an average trading volume of 380,900 shares, the short-interest ratio is presently 1.7 days. Approximately 3.6% of the company's shares are short sold.
View Consensus Cloud Solutions' Short Interest.
When is Consensus Cloud Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CCSI earnings forecast.
How can I listen to Consensus Cloud Solutions' earnings call?: Consensus Cloud Solutions will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Consensus Cloud Solutions' earnings last quarter?: Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) released its earnings results on Wednesday, February, 21st. The company reported $0.90 EPS for the quarter, hitting the consensus estimate of $0.90. The business earned $87.75 million during the quarter, compared to analysts' expectations of $89.05 million. Consensus Cloud Solutions had a negative trailing twelve-month return on equity of 40.27% and a net margin of 21.32%.
What ETFs hold Consensus Cloud Solutions' stock?: ETFs with the largest weight of Consensus Cloud Solutions (NASDAQ:CCSI) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD) and Royce Quant Small-Cap Quality Value ETF (SQLV).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).
What guidance has Consensus Cloud Solutions issued on next quarter's earnings?: Consensus Cloud Solutions issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of 1.270-1.330 for the period, compared to the consensus earnings per share estimate of 1.290. The company issued revenue guidance of $85.0 million-$89.0 million, compared to the consensus revenue estimate of $91.4 million.
Who are Consensus Cloud Solutions' major shareholders?: Consensus Cloud Solutions' stock is owned by a variety of retail and institutional investors. Top institutional investors include Bridge City Capital LLC (0.30%). Insiders that own company stock include Elaine Healy and James C Malone.
View institutional ownership trends.
How do I buy shares of Consensus Cloud Solutions?: Shares of CCSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CCSI) was last updated on 4/16/2024 by MarketBeat.com Staff

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