Consensus Cloud Solutions (NASDAQ:CCSI) Issues Quarterly Earnings Results

Consensus Cloud Solutions (NASDAQ:CCSI) announced its earnings results on Wednesday. The company reported $1.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.10), Zacks reports. Consensus Cloud Solutions had a net margin of 25.10% and a negative return on equity of 66.28%. The firm had revenue of $86.98 million for the quarter, compared to analyst estimates of $85.07 million. 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 Trading Down 17.9 %

NASDAQ CCSI opened at $23.02 on Thursday. Consensus Cloud Solutions has a 1-year low of $11.62 and a 1-year high of $32.10. The company has a market capitalization of $444.21 million, a PE ratio of 5.26 and a beta of 1.45. The firm’s fifty day simple moving average is $25.85 and its 200-day simple moving average is $23.83.

Analyst Ratings Changes

CCSI has been the topic of several recent analyst reports. Citigroup boosted 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. Oppenheimer boosted their target price on shares of Consensus Cloud Solutions from $23.00 to $27.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Wedbush boosted 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. Finally, BTIG Research boosted their target price on shares of Consensus Cloud Solutions from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $26.40.

About Consensus Cloud Solutions

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.