Equities research analysts predict that Cision Ltd (NYSE:CISN) will post earnings of $0.23 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Cision’s earnings. The highest EPS estimate is $0.24 and the lowest is $0.23. Cision reported earnings per share of $0.24 in the same quarter last year, which would suggest a negative year-over-year growth rate of 4.2%. The business is expected to announce its next earnings results on Thursday, February 27th.
On average, analysts expect that Cision will report full year earnings of $0.82 per share for the current financial year. For the next financial year, analysts anticipate that the company will report earnings of $0.93 per share, with EPS estimates ranging from $0.88 to $0.98. Zacks’ EPS calculations are an average based on a survey of analysts that follow Cision.
Cision (NYSE:CISN) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.02. Cision had a positive return on equity of 25.62% and a negative net margin of 0.70%. The firm had revenue of $185.65 million for the quarter, compared to the consensus estimate of $189.64 million.
In other news, insider Rainer Mathes sold 25,000 shares of the firm’s stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of $10.11, for a total value of $252,750.00. Following the completion of the transaction, the insider now owns 1,613,705 shares in the company, valued at $16,314,557.55. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 4.80% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Ellington Management Group LLC purchased a new position in shares of Cision during the 2nd quarter worth approximately $130,000. Bailard Inc. grew its holdings in Cision by 54.4% during the 3rd quarter. Bailard Inc. now owns 52,500 shares of the company’s stock valued at $404,000 after buying an additional 18,500 shares during the last quarter. Prudential Financial Inc. grew its holdings in Cision by 83.8% during the 2nd quarter. Prudential Financial Inc. now owns 1,418,346 shares of the company’s stock valued at $16,637,000 after buying an additional 646,613 shares during the last quarter. BlackRock Inc. increased its position in Cision by 24.3% during the second quarter. BlackRock Inc. now owns 6,035,858 shares of the company’s stock worth $70,800,000 after buying an additional 1,180,983 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in Cision by 6.2% during the second quarter. Janus Henderson Group PLC now owns 8,612,175 shares of the company’s stock worth $101,021,000 after buying an additional 505,628 shares in the last quarter. 53.44% of the stock is currently owned by institutional investors.
NYSE:CISN traded up $0.03 during trading hours on Monday, hitting $9.98. The company’s stock had a trading volume of 565,036 shares, compared to its average volume of 1,035,071. Cision has a 52-week low of $6.02 and a 52-week high of $14.55. The company has a debt-to-equity ratio of 2.76, a quick ratio of 0.87 and a current ratio of 0.87. The business’s 50-day moving average is $9.90 and its two-hundred day moving average is $9.43. The company has a market capitalization of $1.48 billion, a PE ratio of 12.02 and a beta of 0.85.
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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