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As of close of business last night, Consensus Cloud Solutions Inc’s stock clocked out at $12.50, up 1.87% from its previous closing price of $12.27. In other words, the price has increased by $1.87 from its previous closing price. On the day, 0.62 million shares were traded. CCSI stock price reached its highest trading level at $12.81 during the session, while it also had its lowest trading level at $12.2.
Ratios:
To gain a deeper understanding of CCSI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 1.75.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on January 09, 2024, Downgraded its rating to Sell and sets its target price to $20 from $25 previously.
On November 21, 2022, JP Morgan started tracking the stock assigning a Neutral rating and target price of $54.
On August 19, 2022, Citigroup started tracking the stock assigning a Neutral rating and target price of $65.Citigroup initiated its Neutral rating on August 19, 2022, with a $65 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 11 ’23 when MALONE JAMES C bought 4,500 shares for $33.98 per share. The transaction valued at 152,910 led to the insider holds 17,091 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCSI now has a Market Capitalization of 240130000 and an Enterprise Value of 900644736. As of this moment, Consensus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.17, and their Forward P/E ratio for the next fiscal year is 2.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66. Its current Enterprise Value per Revenue stands at 2.484 whereas that against EBITDA is 5.47.
Stock Price History:
The Beta on a monthly basis for CCSI is 1.59, which has changed by -0.6580963 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, CCSI has reached a high of $38.34, while it has fallen to a 52-week low of $12.25. The 50-Day Moving Average of the stock is -14.17%, while the 200-Day Moving Average is calculated to be -44.60%.
Shares Statistics:
It appears that CCSI traded 396.42K shares on average per day over the past three months and 224760 shares per day over the past ten days. A total of 19.25M shares are outstanding, with a floating share count of 17.65M. Insiders hold about 8.12% of the company’s shares, while institutions hold 97.09% stake in the company. Shares short for CCSI as of 1713139200 were 612705 with a Short Ratio of 1.55, compared to 1710460800 on 1185592. Therefore, it implies a Short% of Shares Outstanding of 612705 and a Short% of Float of 5.12.
Earnings Estimates
The dynamic stock of Consensus Cloud Solutions Inc (CCSI) is currently being evaluated by a team of 6.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $1.27 for the current quarter, with a high estimate of $1.3 and a low estimate of $1.22, while EPS last year was $1.1. The consensus estimate for the next quarter is $1.3, with high estimates of $1.39 and low estimates of $1.25.
Analysts are recommending an EPS of between $5.21 and $4.85 for the fiscal current year, implying an average EPS of $5.11. EPS for the following year is $5.3, with 6.0 analysts recommending between $5.71 and $4.83.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $86.73M. It ranges from a high estimate of $87.84M to a low estimate of $85.01M. As of the current estimate, Consensus Cloud Solutions Inc’s year-ago sales were $91.45MFor the next quarter, 6 analysts are estimating revenue of $87.39M. There is a high estimate of $88.02M for the next quarter, whereas the lowest estimate is $86.32M.
A total of 6 analysts have provided revenue estimates for CCSI’s current fiscal year. The highest revenue estimate was $346M, while the lowest revenue estimate was $337.95M, resulting in an average revenue estimate of $343.66M. In the same quarter a year ago, actual revenue was $362.56MBased on 6 analysts’ estimates, the company’s revenue will be $344.27M in the next fiscal year. The high estimate is $352.6M and the low estimate is $319.85M.
