Shares of Cision Ltd. (NYSE:CISN) have earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.
Brokers have set a twelve-month consensus price objective of $15.00 for the company and are forecasting that the company will post $0.20 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Cision an industry rank of 194 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut Cision from a “buy” rating to a “sell” rating in a research report on Friday, November 17th.
Large investors have recently made changes to their positions in the business. Millennium Management LLC acquired a new position in shares of Cision during the 4th quarter worth about $1,439,000. Goldman Sachs Group Inc. acquired a new position in shares of Cision during the 4th quarter worth about $237,000. Bamco Inc. NY lifted its position in shares of Cision by 1.4% during the 4th quarter. Bamco Inc. NY now owns 6,798,252 shares of the company’s stock worth $80,695,000 after purchasing an additional 91,466 shares during the last quarter. TimesSquare Capital Management LLC lifted its position in shares of Cision by 5.5% during the 4th quarter. TimesSquare Capital Management LLC now owns 2,271,340 shares of the company’s stock worth $26,961,000 after purchasing an additional 118,500 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Cision by 39.8% during the 4th quarter. Renaissance Technologies LLC now owns 153,200 shares of the company’s stock worth $1,818,000 after purchasing an additional 43,600 shares during the last quarter. 24.11% of the stock is owned by institutional investors.
Shares of Cision (CISN) traded up $0.21 during midday trading on Wednesday, reaching $12.67. The company’s stock had a trading volume of 820,570 shares, compared to its average volume of 247,635. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 4.00. Cision has a 1 year low of $9.90 and a 1 year high of $13.68.
Cision (NYSE:CISN) last announced its quarterly earnings results on Thursday, March 8th. The company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. The company had revenue of $169.00 million during the quarter, compared to analyst estimates of $169.82 million. During the same period in the prior year, the firm earned $0.10 EPS. equities research analysts anticipate that Cision will post 0.87 EPS for the current fiscal year.
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Cision Ltd. provides public relations (PR) software, media distribution, media intelligence, and related professional services worldwide. The company enables public relations and communications professionals to manage, execute, and measure their strategic PR and communications programs. It offers Cision Communications Cloud, an earned media cloud-based platform that brands can use to build relationships with influencers and buyers in order to amplify their marketplace influence; and provides media database that offers access to influencers when planning a campaign, as well as to schedule and record various interactions with contacts.
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