Consensus Cloud Solutions (NASDAQ:CCSI) Trading Up 0.4% – Still a Buy?
by Danessa Lincoln · The Markets DailyConsensus Cloud Solutions, Inc. (NASDAQ:CCSI – Get Free Report)’s share price was up 0.4% during trading on Wednesday . The stock traded as high as $23.23 and last traded at $22.82. Approximately 212,174 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 176,437 shares. The stock had previously closed at $22.74.
Analysts Set New Price Targets
Several brokerages have recently weighed in on CCSI. Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, November 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Consensus Cloud Solutions in a research note on Wednesday, October 8th. Finally, Wedbush boosted their price target on shares of Consensus Cloud Solutions from $26.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Consensus Cloud Solutions presently has a consensus rating of “Hold” and a consensus target price of $29.00.
View Our Latest Analysis on CCSI
Consensus Cloud Solutions Stock Performance
The firm has a market cap of $433.81 million, a price-to-earnings ratio of 5.42 and a beta of 1.55. The business’s 50-day moving average is $24.22 and its 200-day moving average is $24.52.
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.36 by $0.02. Consensus Cloud Solutions had a negative return on equity of 234.27% and a net margin of 23.48%.The business had revenue of $87.77 million for the quarter, compared to the consensus estimate of $87.58 million. Consensus Cloud Solutions has set its Q4 2025 guidance at 1.270-1.370 EPS. Equities research analysts expect that Consensus Cloud Solutions, Inc. will post 5.17 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of CCSI. Tower Research Capital LLC TRC boosted its holdings in Consensus Cloud Solutions by 40.5% in 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. BNP Paribas Financial Markets boosted its stake in shares of Consensus Cloud Solutions by 104.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock valued at $111,000 after purchasing an additional 1,942 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Consensus Cloud Solutions during the 2nd quarter worth approximately $112,000. Strs Ohio acquired a new stake in shares of Consensus Cloud Solutions during the 1st quarter worth approximately $134,000. Finally, Intech Investment Management LLC bought a new stake in shares of Consensus Cloud Solutions during the third quarter worth approximately $218,000. Institutional investors own 93.93% of the company’s stock.
Consensus Cloud Solutions Company Profile
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.