Analysts Set Cision Ltd (NYSE:CISN) Price Target at $14.50

Shares of Cision Ltd (NYSE:CISN) have been given a consensus recommendation of “Buy” by the six ratings firms that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $14.50.

A number of analysts recently issued reports on CISN shares. BMO Capital Markets reduced their price objective on Cision from $17.00 to $14.00 and set an “outperform” rating for the company in a research report on Friday, August 9th. Cowen set a $14.00 price objective on Cision and gave the company a “buy” rating in a research report on Monday, August 12th. ValuEngine raised Cision from a “hold” rating to a “buy” rating in a research report on Wednesday. Finally, Zacks Investment Research raised Cision from a “sell” rating to a “hold” rating in a research report on Tuesday.

CISN traded up $0.13 during trading on Friday, reaching $7.53. 689,577 shares of the stock traded hands, compared to its average volume of 643,265. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 9.07 and a beta of 0.81. Cision has a fifty-two week low of $6.02 and a fifty-two week high of $16.25. The company has a debt-to-equity ratio of 2.75, a current ratio of 0.81 and a quick ratio of 0.81. The stock’s 50-day simple moving average is $7.13 and its two-hundred day simple moving average is $10.42.

Cision (NYSE:CISN) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. The firm had revenue of $190.50 million during the quarter, compared to analysts’ expectations of $191.44 million. Cision had a positive return on equity of 27.68% and a negative net margin of 1.84%. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 earnings per share. Research analysts anticipate that Cision will post 0.77 earnings per share for the current fiscal year.

In other Cision news, insider Rainer Mathes sold 15,000 shares of the business’s stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $10.21, for a total value of $153,150.00. Following the completion of the sale, the insider now owns 1,643,787 shares of the company’s stock, valued at $16,783,065.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.80% of the stock is owned by insiders.

Several large investors have recently made changes to their positions in CISN. Meeder Asset Management Inc. lifted its position in shares of Cision by 332.2% in the second quarter. Meeder Asset Management Inc. now owns 4,953 shares of the company’s stock worth $58,000 after buying an additional 3,807 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Cision by 290.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,216 shares of the company’s stock worth $73,000 after purchasing an additional 4,624 shares during the period. Bank of Montreal Can increased its stake in shares of Cision by 96.2% in the second quarter. Bank of Montreal Can now owns 7,653 shares of the company’s stock worth $90,000 after purchasing an additional 3,753 shares during the period. AlphaOne Investment Services LLC increased its stake in shares of Cision by 365.7% in the second quarter. AlphaOne Investment Services LLC now owns 8,914 shares of the company’s stock worth $105,000 after purchasing an additional 7,000 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Cision in the second quarter worth about $119,000. 54.83% of the stock is owned by institutional investors.

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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