Consensus Cloud Solutions (NASDAQ:CCSI) Given New $45.00 Price Target at BTIG Research

Consensus Cloud Solutions (NASDAQ:CCSI) had its price target lifted by research analysts at BTIG Research from $40.00 to $45.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. BTIG Research’s price objective would suggest a potential upside of 30.25% from the stock’s previous close.

CCSI has been the subject of a number of other research reports. Wall Street Zen upgraded Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 17th. 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 increased their target price on shares of Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $38.33.

Consensus Cloud Solutions Trading Up 0.8%

Shares of CCSI stock opened at $34.55 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. The company has a market cap of $635.72 million, a price-to-earnings ratio of 7.54 and a beta of 1.56. Consensus Cloud Solutions has a 1 year low of $19.42 and a 1 year high of $41.40. The firm has a fifty day moving average price of $34.38 and a 200-day moving average price of $28.98.

Consensus Cloud Solutions (NASDAQ:CCSI) last announced its earnings results on Thursday, May 7th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.40 by $0.12. The company had revenue of $88.47 million for the quarter, compared to analysts’ expectations of $87.34 million. Consensus Cloud Solutions had a return on equity of 5,736.13% and a net margin of 25.09%.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. As a group, equities analysts predict that Consensus Cloud Solutions will post 5.08 earnings per share for the current year.

Insiders Place Their Bets

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 value of $137,080.00. Following the completion of 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 SEC, which is accessible through the SEC website. Corporate insiders own 3.65% of the company’s stock.

Hedge Funds Weigh In On Consensus Cloud Solutions

Hedge funds have recently made changes to their positions in the business. LSV Asset Management lifted its stake in shares of Consensus Cloud Solutions by 81.2% in the 4th quarter. LSV Asset Management now owns 716,585 shares of the company’s stock valued at $15,636,000 after purchasing an additional 321,200 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Consensus Cloud Solutions by 127,106.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 129,751 shares of the company’s stock valued at $2,831,000 after purchasing an additional 129,649 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in Consensus Cloud Solutions by 239.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 170,445 shares of the company’s stock valued at $5,006,000 after buying an additional 120,205 shares during the period. Kent Lake PR LLC lifted its position in Consensus Cloud Solutions by 92.6% in the second quarter. Kent Lake PR LLC now owns 250,000 shares of the company’s stock worth $5,765,000 after buying an additional 120,200 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its position in Consensus Cloud Solutions by 4.0% in the first quarter. Janus Henderson Group PLC now owns 2,468,048 shares of the company’s stock worth $58,591,000 after buying an additional 95,973 shares during the last quarter. Institutional investors own 93.93% of the company’s stock.

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.