Zacks Investment Research cut shares of Cision (NYSE:CISN) from a hold rating to a sell rating in a report released on Monday.

According to Zacks, “Cision Ltd. operates as a software company. Its product portfolio consists of PR Software, Social Software, Government Relations and PAC Software, PRWeb and Help a reporter out. The company serves industries which include Pharmaceuticals and Bio-Tech, Banking, Technology, Travel and Hospitality. Cision Ltd, formerly known as Capitol Acquisition Corp. III, is based in Chicago, United States of America. “

Other analysts have also issued research reports about the company. Citigroup began coverage on Cision in a research report on Thursday, August 2nd. They issued a buy rating and a $21.00 target price on the stock. SunTrust Banks began coverage on Cision in a research report on Tuesday, June 19th. They issued a buy rating and a $20.00 target price on the stock. JPMorgan Chase & Co. began coverage on Cision in a research report on Monday, July 23rd. They issued a neutral rating and a $18.00 target price on the stock. Cowen began coverage on Cision in a research report on Friday, June 29th. They issued an outperform rating and a $19.00 target price on the stock. Finally, William Blair began coverage on Cision in a research report on Wednesday, August 15th. They issued an outperform rating on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus price target of $18.30.

CISN opened at $15.48 on Monday. Cision has a one year low of $11.13 and a one year high of $18.28. The company has a market capitalization of $2.20 billion, a P/E ratio of 27.16 and a beta of 0.19. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.81 and a current ratio of 0.81.

Cision (NYSE:CISN) last released its quarterly earnings data on Wednesday, August 8th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. Cision had a positive return on equity of 8.79% and a negative net margin of 12.62%. The firm had revenue of $187.50 million for the quarter, compared to analysts’ expectations of $182.67 million. During the same period in the prior year, the firm posted $0.14 earnings per share. The firm’s quarterly revenue was up 19.2% on a year-over-year basis. As a group, analysts anticipate that Cision will post 0.82 EPS for the current year.

In other news, Director L. Dyson Dryden sold 35,911 shares of the company’s stock in a transaction on Wednesday, September 19th. The stock was sold at an average price of $15.44, for a total transaction of $554,465.84. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mark Ein sold 715,599 shares of the company’s stock in a transaction on Monday, September 17th. The stock was sold at an average price of $15.44, for a total value of $11,048,848.56. The disclosure for this sale can be found here. 6.70% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the company. Koch Industries Inc. purchased a new stake in shares of Cision during the first quarter worth $120,000. California Public Employees Retirement System purchased a new stake in shares of Cision during the second quarter worth $162,000. Strs Ohio purchased a new stake in shares of Cision during the second quarter worth $171,000. Voya Investment Management LLC purchased a new stake in shares of Cision during the second quarter worth $195,000. Finally, Quantum Capital Management purchased a new stake in shares of Cision during the second quarter worth $281,000. 42.88% of the stock is currently owned by institutional investors and hedge funds.

Cision Company Profile

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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