Consensus Cloud SolutionsCCSI
CCSI
About: Consensus Cloud Solutions Inc is a provider of secure information delivery services with a scalable Software-as-a-Service SaaS platform. It is engaged in fax cloud business. Geographically, it derives a maximum revenue from the United States. The company's communication and digital signature solutions enable customers to securely and cooperatively access, exchange and use information across organizational, regional, and national boundaries.
Employees: 559
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]
165% more call options, than puts
Call options by funds: $419K | Put options by funds: $158K
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
37% more capital invested
Capital invested by funds: $320M [Q2] → $437M (+$117M) [Q3]
7% more funds holding
Funds holding: 141 [Q2] → 151 (+10) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 50
2.72% less ownership
Funds ownership: 97.02% [Q2] → 94.3% (-2.72%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$20
22%
downside
Avg. target
$28
8%
upside
High target
$32
26%
upside
4 analyst ratings
3 positive
75%
0 neutral
0%
1 negative
25%
Citigroup Fatima Boolani 63% 1-year accuracy 19 / 30 met price target | 22%downside $20 | Sell Maintained | 17 Jan 2025 |
BTIG David Larsen 50% 1-year accuracy 9 / 18 met price target | 22%upside $31 | Buy Maintained | 11 Nov 2024 |
Oppenheimer Ian Zaffino 65% 1-year accuracy 20 / 31 met price target | 6%upside $27 | Outperform Maintained | 8 Nov 2024 |
Wedbush Daniel Ives 70% 1-year accuracy 93 / 133 met price target | 26%upside $32 | Outperform Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 4 articles about CCSI published over the past 30 days
Neutral
Business Wire
1 day ago
Consensus Cloud Solutions to Host Q4 and Year End 2024 Investor Call on February 19, 2025
LOS ANGELES--(BUSINESS WIRE)--Consensus Cloud Solutions to Host Q4 and Year End 2024 Investor Call on February 19, 2025.
Neutral
Business Wire
4 days ago
Consensus Cloud Solutions Offers Free eFax Protect, a Secure Mobile Cloud Faxing Solution, to the LA Community Impacted by Wildfires
LOS ANGELES--(BUSINESS WIRE)--Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a leading provider of digital cloud fax and interoperability solutions, today announced that it is offering a free plan of its flagship digital cloud fax solution, eFax®, to aid in disaster response. eFax Protect is a HIPAA-compliant faxing service available via mobile devices. In times of crisis, when quick and reliable communication is essential, fax remains a vital tool for individuals, families, small businesses,.
Neutral
Business Wire
2 weeks ago
Consensus Cloud Solutions Named a Leader in the 2024 IDC MarketScape for Worldwide Digital Fax
LOS ANGELES--(BUSINESS WIRE)--Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a global leader of digital cloud fax technology and trusted provider of interoperability solutions, has been recognized as a Leader in the IDC MarketScape: Worldwide Digital Fax 2024 Vendor Assessment (IDC #US51812124, December 2024). After a thorough evaluation of Consensus based on a set of criteria including product capabilities, market reach, and growth potential, the IDC MarketScape concluded that: “Customers loo.
Neutral
Seeking Alpha
4 weeks ago
Consensus Cloud Solutions: Undervalued Cash Cow
Consensus Cloud Solutions has underperformed due to one-off setbacks, such as forced selling, an accounting restatement, and market misperception on revenue declines. Management has prudently allocated capital to deleverage the balance sheet and return cash to shareholders. The business has attractive attributes, such as high margins, a high return on capital, and negative net working capital needs.
Neutral
Business Wire
2 months ago
Consensus Cloud Solutions Recognized Among Top 100 Healthcare Technology Companies by The Healthcare Technology Report
LOS ANGELES--(BUSINESS WIRE)--Consensus Cloud Solutions, Inc. (NASDAQ: CCSI), a global leader of digital cloud fax technology and trusted provider of interoperability solutions, has been named a Top 100 Healthcare Technology Company of 2024 by The Healthcare Technology Report. Consensus ranked 34th overall and 7th in the Software and Data category for its proven efforts to facilitate and improve secure data exchange. “Consensus is on a mission to streamline healthcare communication and bridge t.
Positive
Seeking Alpha
2 months ago
Consensus Cloud: Extremely Undervalued With Personnel-Related Expenses Growth
Consensus Cloud Solutions, Inc. is investing in R&D and personnel, indicating confidence in future growth, supported by a 9% CAGR in the secure communications market. The company's recurring subscription revenue, comprising 72% of total revenue, ensures stable financial forecasting and revenue growth, reducing risks from client cancellations. CCSI's debt and stock repurchase programs, along with positive free cash flow and net income, suggest significant upside potential, with a target price of $45 per share.
Neutral
Seeking Alpha
2 months ago
Consensus Cloud Solutions, Inc. (CCSI) Q3 2024 Earnings Call Transcript
Consensus Cloud Solutions, Inc. (NASDAQ:CCSI ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Adam Varon - Senior Vice President Finance Scott Turicchi - Chief Executive Officer Johnny Hecker - CRO and Executive Vice President of Operations Jim Malone - Chief Financial Officer Conference Call Participants Jenny Shen - BTIG Operator Good day, ladies and gentlemen, and welcome to Consensus Q3 2024 Earnings Call. My name is Paul, and I will be the operator assisting you today.
Positive
Zacks Investment Research
2 months ago
Consensus Cloud Solutions, Inc. (CCSI) Tops Q3 Earnings and Revenue Estimates
Consensus Cloud Solutions, Inc. (CCSI) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.51 per share a year ago.
Neutral
Business Wire
2 months ago
Consensus Cloud Solutions, Inc. Reports Third Quarter 2024 Results; Releases Q4 2024 and Reaffirms Full Year 2024 Guidance
LOS ANGELES--(BUSINESS WIRE)--Consensus Cloud Solutions, Inc. (NASDAQ: CCSI) today reported financial results for the third quarter of 2024. “I am pleased with our Q3 results and the continued execution against our four point plan for 2024. Corporate and SoHo revenues were ahead of expectations, with Corporate revenues growing at their fastest pace in six quarters. Our continued strong operating performance and free cash flow allowed us to retire an additional $31 million of debt in the quarter.
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