CCSI Stock Overview

Consensus Cloud Solutions (CCSI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

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.

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.

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.