Consensus Cloud Solutions (NASDAQ:CCSI) Stock Rating Upgraded by Wall Street Zen

Consensus Cloud Solutions (NASDAQ:CCSI) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Sunday.

A number of other brokerages also recently commented on CCSI. Wedbush boosted their target price on Consensus Cloud Solutions from $26.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Consensus Cloud Solutions in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $29.00.

Consensus Cloud Solutions Stock Down 4.8%

Shares of NASDAQ:CCSI opened at $22.37 on Friday. The company has a market cap of $425.25 million, a P/E ratio of 5.31 and a beta of 1.53. The company’s fifty day moving average is $27.29 and its two-hundred day moving average is $24.45. Consensus Cloud Solutions has a 12-month low of $17.84 and a 12-month high of $32.10.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.02. The firm had revenue of $87.77 million for the quarter, compared to analyst estimates 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 anticipate that Consensus Cloud Solutions will post 5.17 earnings per share for the current year.

Institutional Investors Weigh In On Consensus Cloud Solutions

A number of institutional investors have recently added to or reduced their stakes in CCSI. Gates Capital Management Inc. raised its holdings in Consensus Cloud Solutions by 4.8% in the 1st quarter. Gates Capital Management Inc. now owns 1,691,368 shares of the company’s stock valued at $39,037,000 after acquiring an additional 77,867 shares in the last quarter. Vanguard Group Inc. lifted its position in Consensus Cloud Solutions by 3.3% in the first quarter. Vanguard Group Inc. now owns 1,562,117 shares of the company’s stock worth $36,054,000 after purchasing an additional 50,175 shares during the period. Heron Bay Capital Management boosted its stake in Consensus Cloud Solutions by 2.1% during the third quarter. Heron Bay Capital Management now owns 1,203,726 shares of the company’s stock worth $35,353,000 after buying an additional 24,980 shares in the last quarter. Geode Capital Management LLC increased its holdings in Consensus Cloud Solutions by 7.7% in the 2nd quarter. Geode Capital Management LLC now owns 505,506 shares of the company’s stock valued at $11,659,000 after buying an additional 36,357 shares during the period. Finally, New South Capital Management Inc. raised its stake in shares of Consensus Cloud Solutions by 38.6% in the 3rd quarter. New South Capital Management Inc. now owns 429,574 shares of the company’s stock valued at $12,617,000 after buying an additional 119,580 shares in the last quarter. 93.93% of the stock is owned by institutional investors and hedge funds.

About Consensus Cloud Solutions

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.