Cimpress NV (CMPR) Receives $107.33 Consensus Price Target from Analysts

Shares of Cimpress NV (NASDAQ:CMPR) have earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $108.00.

Several equities analysts have weighed in on the company. Aegis lowered Cimpress from a “hold” rating to a “sell” rating and set a $110.00 target price on the stock. in a research note on Friday. BidaskClub raised Cimpress from a “hold” rating to a “buy” rating in a research note on Thursday, January 4th. Zacks Investment Research raised Cimpress from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 16th. SunTrust Banks reissued a “hold” rating and issued a $113.00 target price on shares of Cimpress in a research note on Friday, November 3rd. Finally, Barrington Research reissued a “buy” rating and issued a $125.00 target price (up previously from $110.00) on shares of Cimpress in a research note on Tuesday, November 14th.

Cimpress (NASDAQ CMPR) traded up $0.14 during trading on Friday, reaching $132.34. The company had a trading volume of 64,448 shares, compared to its average volume of 263,045. The company has a market capitalization of $4,103.64, a PE ratio of -188.86, a price-to-earnings-growth ratio of 5.92 and a beta of 0.13. Cimpress has a fifty-two week low of $78.80 and a fifty-two week high of $138.03. The company has a debt-to-equity ratio of 10.73, a quick ratio of 0.39 and a current ratio of 0.52.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, November 1st. The business services provider reported ($0.24) earnings per share for the quarter, beating the consensus estimate of ($0.34) by $0.10. Cimpress had a negative return on equity of 10.71% and a negative net margin of 0.85%. The firm had revenue of $563.28 million for the quarter, compared to analyst estimates of $529.34 million. research analysts predict that Cimpress will post 1.69 earnings per share for the current fiscal year.

In other news, insider Katryn Blake sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $118.55, for a total transaction of $3,556,500.00. Following the sale, the insider now owns 39,814 shares of the company’s stock, valued at $4,719,949.70. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Sean Edward Quinn sold 1,526 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $115.00, for a total value of $175,490.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 95,645 shares of company stock worth $11,353,735. 11.80% of the stock is currently owned by insiders.

A number of institutional investors have recently made changes to their positions in the stock. D.A. Davidson & CO. raised its position in Cimpress by 1.7% in the 2nd quarter. D.A. Davidson & CO. now owns 3,109 shares of the business services provider’s stock valued at $293,000 after buying an additional 52 shares during the last quarter. California Public Employees Retirement System raised its position in Cimpress by 0.6% in the 2nd quarter. California Public Employees Retirement System now owns 62,600 shares of the business services provider’s stock valued at $5,918,000 after buying an additional 400 shares during the last quarter. Ameritas Investment Partners Inc. raised its position in Cimpress by 20.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,620 shares of the business services provider’s stock valued at $247,000 after buying an additional 453 shares during the last quarter. Strs Ohio grew its stake in Cimpress by 42.9% in the fourth quarter. Strs Ohio now owns 2,000 shares of the business services provider’s stock valued at $239,000 after purchasing an additional 600 shares in the last quarter. Finally, Creative Planning grew its stake in Cimpress by 22.0% in the fourth quarter. Creative Planning now owns 3,551 shares of the business services provider’s stock valued at $426,000 after purchasing an additional 640 shares in the last quarter.

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About Cimpress

Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.

Analyst Recommendations for Cimpress (NASDAQ:CMPR)

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