BTIG Research Issues Positive Forecast for Consensus Cloud Solutions (NASDAQ:CCSI) Stock Price

Consensus Cloud Solutions (NASDAQ:CCSI) had its price objective boosted by BTIG Research from $40.00 to $45.00 in a report issued on Friday morning, MarketBeat Ratings reports. BTIG Research currently has a buy rating on the stock.

Several other equities research analysts have also recently issued reports on the stock. Weiss Ratings upgraded shares of Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Oppenheimer boosted their price target on Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Finally, Wall Street Zen raised shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $38.33.

Consensus Cloud Solutions Price Performance

Shares of Consensus Cloud Solutions stock opened at $36.37 on Friday. The company has a debt-to-equity ratio of 24.99, a current ratio of 1.80 and a quick ratio of 1.80. Consensus Cloud Solutions has a one year low of $19.42 and a one year high of $41.40. The business’s 50 day simple moving average is $34.54 and its two-hundred day simple moving average is $29.03. The stock has a market capitalization of $669.21 million, a P/E ratio of 7.94 and a beta of 1.56.

Consensus Cloud Solutions (NASDAQ:CCSI) last issued its quarterly earnings data on Thursday, May 7th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.12. Consensus Cloud Solutions had a net margin of 25.09% and a return on equity of 5,736.13%. The business had revenue of $88.47 million for the quarter, compared to the consensus estimate of $87.34 million. 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. Analysts forecast that Consensus Cloud Solutions will post 5.08 EPS for the current year.

Insider Activity at Consensus Cloud Solutions

In other Consensus Cloud Solutions news, Director Elaine Healy sold 4,000 shares of the 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 sale, the director owned 27,658 shares in the company, valued at approximately $947,839.66. This represents a 12.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 3.65% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Consensus Cloud Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Consensus Cloud Solutions by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,810 shares of the company’s stock valued at $249,000 after buying an additional 468 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Consensus Cloud Solutions by 4.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,499 shares of the company’s stock valued at $245,000 after purchasing an additional 473 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Consensus Cloud Solutions by 0.9% during the third quarter. First Trust Advisors LP now owns 58,614 shares of the company’s stock valued at $1,721,000 after purchasing an additional 504 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Consensus Cloud Solutions by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 14,066 shares of the company’s stock worth $413,000 after buying an additional 529 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Consensus Cloud Solutions by 40.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock valued at $46,000 after acquiring an additional 570 shares during the last quarter. 93.93% of the stock is owned by hedge funds and other 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.