Consensus Cloud Solutions (NASDAQ:CCSI) Shares Down 7% – Here’s Why

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) was down 7% on Monday . The company traded as low as $32.03 and last traded at $31.6160. Approximately 88,800 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 186,450 shares. The stock had previously closed at $34.00.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on CCSI shares. BTIG Research upped their target price on Consensus Cloud Solutions from $37.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Wall Street Zen lowered Consensus Cloud Solutions from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings upgraded Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Finally, Oppenheimer upped their target price on Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a research note on Tuesday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $36.67.

Consensus Cloud Solutions Trading Down 2.6%

The firm has a 50-day moving average of $27.24 and a 200-day moving average of $25.17. The company has a debt-to-equity ratio of 24.99, a quick ratio of 1.79 and a current ratio of 1.80. The firm has a market capitalization of $525.69 million, a P/E ratio of 5.93 and a beta of 1.49.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.12. Consensus Cloud Solutions had a return on equity of 5,736.13% and a net margin of 25.09%.The business had revenue of $88.47 million for the quarter, compared to analyst estimates 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. On average, equities research analysts anticipate that Consensus Cloud Solutions, Inc. will post 5 EPS for the current fiscal year.

Hedge Funds Weigh In On Consensus Cloud Solutions

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP bought a new position in Consensus Cloud Solutions during the 4th quarter worth approximately $25,000. Tower Research Capital LLC TRC grew its position in shares of Consensus Cloud Solutions by 40.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock worth $46,000 after buying an additional 570 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Consensus Cloud Solutions in the 4th quarter worth approximately $46,000. BNP Paribas Financial Markets grew its position 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 worth $111,000 after buying an additional 1,942 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of Consensus Cloud Solutions in the 2nd quarter worth approximately $112,000. 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.