Consensus Cloud Solutions (NASDAQ:CCSI) Shares Up 4.3% – Still a Buy?

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)’s share price traded up 4.3% during mid-day trading on Monday . The stock traded as high as $22.45 and last traded at $22.27. 174,454 shares traded hands during mid-day trading, an increase of 20% from the average session volume of 145,578 shares. The stock had previously closed at $21.36.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CCSI. Wedbush upped their price target on Consensus Cloud Solutions from $26.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Consensus Cloud Solutions in a research note on Wednesday, January 21st. Finally, Wall Street Zen raised shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, November 16th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Consensus Cloud Solutions presently has an average rating of “Moderate Buy” and an average price target of $33.50.

Consensus Cloud Solutions Stock Performance

The stock has a market capitalization of $423.35 million, a PE ratio of 5.29 and a beta of 1.55. The stock has a 50-day moving average price of $22.37 and a two-hundred day moving average price of $24.43.

Consensus Cloud Solutions (NASDAQ:CCSI) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.02. The firm had revenue of $87.77 million during the quarter, compared to analysts’ expectations of $87.58 million. Consensus Cloud Solutions had a net margin of 23.48% and a negative return on equity of 234.27%. Consensus Cloud Solutions has set its Q4 2025 guidance at 1.270-1.370 EPS. As a group, equities analysts predict that Consensus Cloud Solutions, Inc. will post 5.17 earnings per share for the current year.

Institutional Trading of Consensus Cloud Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of CCSI. Janney Montgomery Scott LLC purchased a new position in Consensus Cloud Solutions in the second quarter worth about $410,000. Geode Capital Management LLC boosted its holdings in shares of Consensus Cloud Solutions by 7.7% in the 2nd quarter. Geode Capital Management LLC now owns 505,506 shares of the company’s stock worth $11,659,000 after purchasing an additional 36,357 shares during the period. Brandywine Global Investment Management LLC increased its position in shares of Consensus Cloud Solutions by 19.8% during the 2nd quarter. Brandywine Global Investment Management LLC now owns 85,080 shares of the company’s stock valued at $1,962,000 after purchasing an additional 14,080 shares during the last quarter. LSV Asset Management raised its holdings in Consensus Cloud Solutions by 14.4% during the 2nd quarter. LSV Asset Management now owns 372,501 shares of the company’s stock valued at $8,590,000 after buying an additional 46,793 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Consensus Cloud Solutions in the second quarter worth $911,000. 93.93% of the stock is currently owned by institutional investors.

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.