Consensus Cloud Solutions (NASDAQ:CCSI) Stock Price Up 4.7% – Should You Buy?

Shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) shot up 4.7% during mid-day trading on Tuesday . The company traded as high as $38.01 and last traded at $38.5890. Approximately 10,133 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 173,641 shares. The stock had previously closed at $36.84.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Oppenheimer boosted their price objective on Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. BTIG Research raised their target price on shares of Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a report on Monday, August 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Finally, Wall Street Zen upgraded shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Consensus Cloud Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Consensus Cloud Solutions Trading Up 4.0%

The firm has a market capitalization of $702.50 million, a price-to-earnings ratio of 7.76 and a beta of 1.57. The company has a debt-to-equity ratio of 13.19, a quick ratio of 1.90 and a current ratio of 1.90. The company has a 50-day moving average price of $36.45 and a 200-day moving average price of $30.81.

Consensus Cloud Solutions (NASDAQ:CCSI) last issued its earnings results on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.01. The business had revenue of $91.36 million for the quarter, compared to analyst estimates of $89.63 million. Consensus Cloud Solutions had a return on equity of 502.63% and a net margin of 26.69%.Consensus Cloud Solutions has set its Q3 2026 guidance at 1.340-1.440 EPS and its FY 2026 guidance at 5.550-5.950 EPS. As a group, research analysts forecast that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current fiscal year.

Insiders Place Their Bets

In other Consensus Cloud Solutions news, CTO Jeffrey Alan Sullivan sold 5,400 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total value of $203,580.00. Following the completion of the transaction, the chief technology officer owned 114,968 shares in the company, valued at $4,334,293.60. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Elaine Healy sold 4,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total transaction of $137,080.00. Following the completion of the transaction, the director owned 27,658 shares of the company’s stock, valued at $947,839.66. This represents a 12.64% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.65% of the stock is owned by insiders.

Institutional Trading of Consensus Cloud Solutions

A number of large investors have recently made changes to their positions in CCSI. LSV Asset Management increased its position in Consensus Cloud Solutions by 81.2% during the fourth quarter. LSV Asset Management now owns 716,585 shares of the company’s stock worth $15,636,000 after buying an additional 321,200 shares during the period. Principal Financial Group Inc. acquired a new stake in shares of Consensus Cloud Solutions in the first quarter valued at approximately $890,000. Sei Investments Co. boosted its holdings in shares of Consensus Cloud Solutions by 117.3% in the first quarter. Sei Investments Co. now owns 116,048 shares of the company’s stock valued at $2,755,000 after acquiring an additional 62,641 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Consensus Cloud Solutions by 10.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 376,489 shares of the company’s stock worth $8,938,000 after acquiring an additional 36,493 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Consensus Cloud Solutions in the 4th quarter valued at $1,116,000. 93.93% of the stock is owned by institutional investors and hedge funds.

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.