Consensus Cloud Solutions (NASDAQ:CCSI) Issues Earnings Results

Consensus Cloud Solutions (NASDAQ:CCSI) issued its quarterly earnings data on Wednesday. The company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.10), Zacks reports. The company had revenue of $86.98 million for the quarter, compared to the consensus estimate of $85.07 million. Consensus Cloud Solutions had a negative return on equity of 76.49% and a net margin of 25.52%. Consensus Cloud Solutions updated its FY 2025 guidance to 5.030-5.420 EPS and its Q1 2025 guidance to 1.260-1.360 EPS.

Consensus Cloud Solutions Price Performance

Consensus Cloud Solutions stock opened at $25.60 on Friday. The firm has a market capitalization of $494.08 million, a price-to-earnings ratio of 5.54 and a beta of 1.45. The company’s 50 day simple moving average is $25.86 and its 200 day simple moving average is $23.84. Consensus Cloud Solutions has a fifty-two week low of $11.62 and a fifty-two week high of $32.10.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wedbush raised their target price on shares of Consensus Cloud Solutions from $24.00 to $32.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Oppenheimer raised their target price on shares of Consensus Cloud Solutions from $27.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday. Citigroup raised their target price on shares of Consensus Cloud Solutions from $19.00 to $20.00 and gave the company a “sell” rating in a research note on Friday, January 17th. Finally, BTIG Research lifted their price objective on shares of Consensus Cloud Solutions from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Consensus Cloud Solutions presently has an average rating of “Hold” and a consensus price target of $27.40.

Consensus Cloud Solutions Company Profile

Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.