Cision (NYSE:CISN) has been given a $14.00 price objective by equities researchers at Cowen in a report released on Monday, TipRanks reports. The brokerage presently has a “buy” rating on the stock. Cowen’s price target suggests a potential upside of 123.46% from the company’s current price.

Several other equities research analysts also recently weighed in on the stock. BMO Capital Markets lowered their target price on shares of Cision from $17.00 to $14.00 and set an “outperform” rating for the company in a research note on Friday, August 9th. Zacks Investment Research cut shares of Cision from a “hold” rating to a “sell” rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. Cision has a consensus rating of “Hold” and an average target price of $14.50.

CISN traded down $0.40 during trading on Monday, hitting $6.27. The stock had a trading volume of 1,042,349 shares, compared to its average volume of 624,984. The stock has a market cap of $986.54 million, a P/E ratio of 7.55 and a beta of 0.62. Cision has a twelve month low of $6.16 and a twelve month high of $18.28. 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 business’s 50 day simple moving average is $10.31.

Cision (NYSE:CISN) last announced its earnings results on Thursday, August 8th. The company reported $0.19 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.19. The company had revenue of $190.50 million during the quarter, compared to the consensus estimate of $191.44 million. Cision had a negative net margin of 1.84% and a positive return on equity of 30.05%. Cision’s revenue was up 1.6% compared to the same quarter last year. During the same period last year, the firm earned $0.23 earnings per share. On average, sell-side analysts anticipate that Cision will post 0.79 EPS for the current fiscal year.

In other Cision news, insider Rainer Mathes sold 15,000 shares of the firm’s stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $10.21, for a total value of $153,150.00. Following the completion of the transaction, the insider now owns 1,643,787 shares of the company’s stock, valued at $16,783,065.27. The transaction was disclosed in a filing with the SEC, which is available at this link. In the last ninety days, insiders sold 94,301 shares of company stock valued at $1,033,205. Corporate insiders own 6.70% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Meeder Asset Management Inc. raised its holdings in shares of Cision by 332.2% during the second quarter. Meeder Asset Management Inc. now owns 4,953 shares of the company’s stock worth $58,000 after purchasing an additional 3,807 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Cision by 290.5% during 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 last quarter. Bank of Montreal Can raised its holdings in shares of Cision by 96.2% during 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 last quarter. AlphaOne Investment Services LLC raised its holdings in shares of Cision by 365.7% during 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 last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of Cision during the second quarter worth $119,000. 52.84% 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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Analyst Recommendations for Cision (NYSE:CISN)

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