Consensus Cloud Solutions (NASDAQ:CCSI) Announces Earnings Results

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) released its earnings results on Wednesday. The company reported $1.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.19 by ($0.10), Zacks reports. The firm had revenue of $86.98 million for the quarter, compared to analyst estimates 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 Stock Performance

Shares of NASDAQ:CCSI traded up $0.02 during midday trading on Friday, reaching $25.62. The company had a trading volume of 290,953 shares, compared to its average volume of 119,825. Consensus Cloud Solutions has a 1-year low of $11.62 and a 1-year high of $32.10. The firm has a market cap of $494.49 million, a price-to-earnings ratio of 5.55 and a beta of 1.45. The company has a fifty day simple moving average of $25.89 and a two-hundred day simple moving average of $23.88.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CCSI shares. Oppenheimer lifted their target price on Consensus Cloud Solutions from $27.00 to $32.00 and gave the stock an "outperform" rating in a report on Thursday. Citigroup lifted their target price on Consensus Cloud Solutions from $19.00 to $20.00 and gave the stock a "sell" rating in a report on Friday, January 17th. Wedbush increased their price target on Consensus Cloud Solutions from $24.00 to $32.00 and gave the company an "outperform" rating in a research report on Friday, November 8th. Finally, BTIG Research increased their price target on Consensus Cloud Solutions from $30.00 to $32.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $27.40.

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.