You should consider shares of News Corporation (NASDAQ:NWSA) and Cision Ltd. (NYSE:CISN) if you are looking for a great stocks to invest in. Starting with the NWSA shares, which traded at $12.67 at the close of the recent session, dropping -1.63%. On Tuesday, the company’s shares shed -$0.21 from its value which represented in intraday trading. The stock is now -2.39% lower in year-to-date (YTD) trading. NWSA’s intraday high was $13.07 while its lowest price touched $12.53. The stock’s 52-week high price is $14.65, which means the current price is at -13.54%. In terms of trading activity, the daily trading volume fell to 2373960 against 200-day average trading volume of 2,793,673 shares.
What are analyst forecasts for News Corporation (NASDAQ:NWSA)?
At a consensus rating of 2.50, NWSA is trending as a streaking Hold, as it has been the case a month ago when 4 analysts called it a Hold. Two months ago, 4 analysts recommended, on average, that NWSA stock is a Hold. The Services company’s shares’ overall bearish trend saw it close lower on Tuesday compared to its opening price of $12.93 on the day.
Forecasts for News Corporation (NASDAQ:NWSA) give the stock a fair value for the growth of 9.5% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $14.00, which means the price per share could rise by nearly $1.33. The price range target is between a low of $12.00 and a high of $18.00. The stock would need to gain by about $29.61 to hit the estimated high or 0.84% from its 12-month low.
The consensus among 7 analysts is that it is a good time for one to Hold in the News Corporation. 3 analysts rate NWSA as a Buy, with 1 of 7 analysts rate it as a Sell. 0 have valued the stock as Overweight and 2 have recommended that investors Hold.
News Corporation (NASDAQ:NWSA) Upgrades and Downgrades
In terms of rating changes, Credit Suisse on August 12, 2019, Upgrade News Corporation (NWSA) at Outperform. Analysts at Citigroup have assigned a Buy rating for the stock in their research note on January 14, 2019. Moreover, Goldman analysts issued a rating of Buy for the stock on October 09, 2018. On September 04, 2018, the stock earned a Buy rating due to an analyst call from Loop Capital, while analysts from Morgan Stanley on August 20, 2018 suggested that the stock is Underweight.
Cision Ltd. (NYSE:CISN) adds $0.0 on Tuesday
The CISN stock has tanked -14.87% year-to-date and is currently trading at $9.96, which is -31.55% below its 52-week high. The company shares lost 0.00% on the day and have risen nearly 65.45% off a low hit. At current levels, Cision Ltd. has a valuation of about $748.30M. As of 12/03/19, this stock has risen 0.10% during the week and closed at $9.96 in the previous session. However, recent Cision Ltd. stock performance shows that CISN shares are -0.99% down over the last month, and 47.56% up for the last three months.
Earnings per share (EPS) estimates for the current quarter are $0.23, with the trailing 12-month share earnings at -$0.04. The ratio is expected to be down by -4.70% for the current year 2019 and 12.20% for next year. Over the next 5-year period, earnings per share will be 43.63%. But will the CISN stock surprise in the current quarter results, where the $0.21 actual EPS reported on 9/29/2019 surprised by 5.00% or was higher by $0.01 from the estimated $0.2.
Sales Growth to climb 6.50% for the year
How well will Cision Ltd. perform as a business over the current quarter, year and next 5-year period? Compared to the year-ago quarter, analysts forecast the company to bring in between $198.2M and $205.2M in current quarter sales. The consensus estimated for the current quarter is $203.2M from sales. Forecasts for this fiscal year are between $765.16M and $779M and the consensus estimate for sales is at $769.18M. CISN has its next quarter sales estimates at between $191.99M and $198.7M, with the quarter-over-quarter growth estimates at 4.10% and the annual growth forecast for the year at 6.50%.
Who owns shares in Cision Ltd. (CISN)?
Let’s briefly focus on the share ownership of the Cision Ltd. (NYSE:CISN) stock, where we find that 52.89% of shares are held by institutions. Janus Henderson Group PLC tops the list of institutional owners as it is holding 11.44 million shares or 7.71% of shares outstanding. Vanguard Group, Inc. (The) and JP Morgan Chase & Company held 8.41 million and 7.7 million representing 5.67% and 5.19% respectively at the close of the last trading session. As of Sep 29, 2019, Blackrock Inc. accounted for 6.37 million shares at over 48.97 million. This represented 4.29% of shares outstanding. BAMCO Inc. held 6.0 million shares at over 46.12 million representing 4.04% of shares outstanding.
CISN Insider Activity
Insider activity can also give a signal in terms of price direction. Looking at Cision Ltd. (CISN), a total of 108662 shares have been sold by insiders over the last 6 months while 83048 shares were added in the same time span. On 10/23/2019, by the name Mathes Rainer sold 25000.0 shares worth $252800.0 at the price of $10.11 per share. Filings also show that Mathes Rainer sold a total of 25000.0 shares on 10/24/2019 valued at $251500.0. Since the last insider activity, the company’s share price has dropped -1.09%.