Cision Ltd (NYSE:CISN) Given Consensus Recommendation of “Hold” by Analysts

Shares of Cision Ltd (NYSE:CISN) have earned a consensus recommendation of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $12.00.

Several research firms recently weighed in on CISN. ValuEngine raised Cision from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Zacks Investment Research raised Cision from a “sell” rating to a “hold” rating in a report on Tuesday, October 15th. Cowen set a $14.00 target price on Cision and gave the stock a “buy” rating in a research report on Monday, August 12th. BMO Capital Markets lowered Cision from an “outperform” rating to a “market perform” rating in a research report on Tuesday. Finally, Robert W. Baird lowered Cision from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $13.00 to $10.00 in a research report on Tuesday.

NYSE CISN opened at $10.07 on Wednesday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.75. Cision has a twelve month low of $6.02 and a twelve month high of $15.76. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 12.13 and a beta of 0.81. The business’s fifty day moving average is $7.72 and its 200 day moving average is $9.92.

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

A number of large investors have recently made changes to their positions in the stock. Virginia Retirement Systems ET AL bought a new stake in Cision during the 3rd quarter valued at $78,000. Bailard Inc. increased its holdings in shares of Cision by 54.4% in the third quarter. Bailard Inc. now owns 52,500 shares of the company’s stock worth $404,000 after purchasing an additional 18,500 shares during the period. Meeder Asset Management Inc. increased its holdings in shares of Cision by 601.5% in the third quarter. Meeder Asset Management Inc. now owns 34,746 shares of the company’s stock worth $266,000 after purchasing an additional 29,793 shares during the period. Colony Group LLC bought a new position in shares of Cision in the second quarter worth $1,553,000. Finally, Spitfire Capital LLC increased its holdings in shares of Cision by 3.7% in the second quarter. Spitfire Capital LLC now owns 512,900 shares of the company’s stock worth $6,016,000 after purchasing an additional 18,500 shares during the period. 54.82% of the stock is owned by institutional investors and hedge funds.

About Cision

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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