Brokerages Set Cision Ltd (NYSE:CISN) Price Target at $14.67

Cision Ltd (NYSE:CISN) has received a consensus rating of “Hold” from the six brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $14.50.

Several equities research analysts have recently issued reports on CISN shares. BMO Capital Markets lowered their target price on shares of Cision from $17.00 to $14.00 and set an “outperform” rating on the stock in a research note on Friday, August 9th. Zacks Investment Research lowered shares of Cision from a “hold” rating to a “sell” rating in a research note on Tuesday. Finally, Cowen set a $14.00 target price on shares of Cision and gave the stock a “buy” rating in a research note on Monday.

NYSE:CISN traded up $0.16 during mid-day trading on Friday, hitting $6.41. The company’s stock had a trading volume of 704,918 shares, compared to its average volume of 633,637. Cision has a 1 year low of $6.02 and a 1 year high of $18.28. The company has a debt-to-equity ratio of 2.75, a current ratio of 0.81 and a quick ratio of 0.77. The stock has a market cap of $988.24 million, a price-to-earnings ratio of 7.72 and a beta of 0.62. The business’s fifty day moving average is $10.12 and its two-hundred day moving average is $11.81.



Cision (NYSE:CISN) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. Cision had a negative net margin of 1.84% and a positive return on equity of 27.68%. The company had revenue of $190.50 million for the quarter, compared to analyst estimates of $191.44 million. During the same period in the prior year, the company earned $0.23 earnings per share. The firm’s revenue was up 1.6% on a year-over-year basis. Analysts anticipate that Cision will post 0.76 EPS for the current fiscal year.

In other Cision news, insider Rainer Mathes sold 28,000 shares of the stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $11.47, for a total value of $321,160.00. Following the completion of the sale, the insider now owns 1,680,949 shares in the company, valued at approximately $19,280,485.03. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders sold 94,301 shares of company stock valued at $1,033,205. 6.70% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Janus Henderson Group PLC increased its holdings in shares of Cision by 6.2% during the 2nd quarter. Janus Henderson Group PLC now owns 8,612,175 shares of the company’s stock worth $101,021,000 after buying an additional 505,628 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Cision by 6.0% during the 2nd quarter. Vanguard Group Inc. now owns 8,188,272 shares of the company’s stock worth $96,047,000 after buying an additional 466,400 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Cision by 3.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,032,886 shares of the company’s stock worth $79,613,000 after buying an additional 266,306 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Cision by 24.3% during the 2nd quarter. BlackRock Inc. now owns 6,035,858 shares of the company’s stock worth $70,800,000 after buying an additional 1,180,983 shares during the last quarter. Finally, TimesSquare Capital Management LLC increased its holdings in shares of Cision by 26.9% during the 2nd quarter. TimesSquare Capital Management LLC now owns 5,743,635 shares of the company’s stock worth $67,373,000 after buying an additional 1,218,600 shares during the last quarter. Institutional investors and hedge funds own 52.84% of the company’s stock.

Cision Company Profile

Cision Ltd. provides public relations (PR) software, media distribution, media intelligence, and related professional services to businesses worldwide. The company enables public relations and communications professionals to manage, execute, and measure their strategic PR and communications programs.

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