Consensus Cloud Solutions (CCSI) to Release Quarterly Earnings on Wednesday

Consensus Cloud Solutions (NASDAQ:CCSI) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $1.19 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Consensus Cloud Solutions Stock Performance

Shares of CCSI opened at $28.81 on Tuesday. The stock’s 50-day simple moving average is $25.62 and its 200 day simple moving average is $23.68. The stock has a market capitalization of $556.15 million, a price-to-earnings ratio of 6.30 and a beta of 1.45. Consensus Cloud Solutions has a 52-week low of $11.62 and a 52-week high of $32.10.

Wall Street Analysts Forecast Growth

CCSI has been the topic of a number of recent research reports. Wedbush increased their price objective on Consensus Cloud Solutions from $24.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Oppenheimer increased their price objective on Consensus Cloud Solutions from $23.00 to $27.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. BTIG Research increased their price objective on Consensus Cloud Solutions from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Finally, Citigroup increased their price objective on Consensus Cloud Solutions from $19.00 to $20.00 and gave the stock a “sell” rating in a report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $26.40.

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.