Shares of Cision Ltd. (NYSE:CISN) have received an average broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.
Brokerages have set a one year consensus price objective of $15.00 for the company and are expecting that the company will post $0.20 earnings per share for the current quarter, according to Zacks. Zacks has also given Cision an industry rank of 201 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut shares of Cision from a “buy” rating to a “sell” rating in a research report on Friday, November 17th.
Cision (NYSE:CISN) last posted its quarterly earnings results on Thursday, March 8th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.19. The company had revenue of $169.00 million for the quarter, compared to analyst estimates of $169.82 million. During the same quarter in the previous year, the business posted $0.10 earnings per share. research analysts forecast that Cision will post 0.87 EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of the company. Teacher Retirement System of Texas acquired a new stake in shares of Cision in the 4th quarter valued at about $148,000. Monashee Investment Management LLC acquired a new stake in shares of Cision in the 4th quarter valued at about $156,000. Steinberg Global Asset Management raised its stake in shares of Cision by 10.5% in the 4th quarter. Steinberg Global Asset Management now owns 177,824 shares of the company’s stock valued at $2,111,000 after purchasing an additional 16,944 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Cision in the 4th quarter valued at about $237,000. Finally, Bank of New York Mellon Corp raised its stake in Cision by 93.2% during the fourth quarter. Bank of New York Mellon Corp now owns 43,881 shares of the company’s stock worth $521,000 after acquiring an additional 21,170 shares during the period. Institutional investors and hedge funds own 24.11% of the company’s stock.
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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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