Cision Ltd (NYSE:CISN) has received a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $17.25.
Several equities research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of EXACT Sciences from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. ValuEngine raised shares of Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Monday, April 1st.
In related news, insider Rainer Mathes sold 28,000 shares of Cision stock in a transaction on 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 of the company’s stock, valued at approximately $19,280,485.03. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders sold 109,301 shares of company stock valued at $1,248,005. 6.70% of the stock is owned by company insiders.
A number of institutional investors have recently added to or reduced their stakes in the business. Raymond James & Associates lifted its position in Cision by 0.5% during the 4th quarter. Raymond James & Associates now owns 249,965 shares of the company’s stock worth $2,925,000 after acquiring an additional 1,165 shares during the last quarter. California Public Employees Retirement System lifted its position in Cision by 1.4% during the 1st quarter. California Public Employees Retirement System now owns 103,633 shares of the company’s stock worth $1,427,000 after acquiring an additional 1,395 shares during the last quarter. Legal & General Group Plc lifted its position in Cision by 25.3% during the 4th quarter. Legal & General Group Plc now owns 11,114 shares of the company’s stock worth $130,000 after acquiring an additional 2,242 shares during the last quarter. Citigroup Inc. lifted its position in Cision by 21.8% during the 4th quarter. Citigroup Inc. now owns 16,544 shares of the company’s stock worth $193,000 after acquiring an additional 2,956 shares during the last quarter. Finally, New York State Common Retirement Fund lifted its position in Cision by 1.6% during the 1st quarter. New York State Common Retirement Fund now owns 540,005 shares of the company’s stock worth $7,436,000 after acquiring an additional 8,300 shares during the last quarter. 51.35% of the stock is owned by hedge funds and other institutional investors.
Cision stock traded up $0.03 during mid-day trading on Wednesday, hitting $10.95. The company’s stock had a trading volume of 6,933 shares, compared to its average volume of 607,907. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 2.72. The firm has a market capitalization of $1.62 billion, a PE ratio of 13.13 and a beta of 0.63. Cision has a twelve month low of $10.40 and a twelve month high of $18.28. The firm’s fifty day simple moving average is $11.20.
Cision (NYSE:CISN) last issued its earnings results on Thursday, May 9th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. Cision had a negative net margin of 1.68% and a positive return on equity of 31.61%. The company had revenue of $185.80 million during the quarter, compared to analyst estimates of $188.40 million. During the same quarter last year, the business posted $0.19 EPS. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. As a group, analysts anticipate that Cision will post 0.79 earnings per share for the current year.
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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