Equities analysts predict that Cimpress NV (NASDAQ:CMPR) will announce $612.33 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Cimpress’ earnings, with the lowest sales estimate coming in at $600.80 million and the highest estimate coming in at $623.86 million. Cimpress reported sales of $550.59 million in the same quarter last year, which indicates a positive year over year growth rate of 11.2%. The firm is expected to issue its next quarterly earnings results on Wednesday, April 25th.
On average, analysts expect that Cimpress will report full year sales of $612.33 million for the current financial year, with estimates ranging from $2.54 billion to $2.59 billion. For the next year, analysts forecast that the firm will report sales of $2.84 billion per share, with estimates ranging from $2.78 billion to $2.90 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for Cimpress.
Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, January 31st. The business services provider reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. The company had revenue of $762.10 million during the quarter, compared to the consensus estimate of $692.34 million. Cimpress had a negative return on equity of 15.72% and a negative net margin of 1.00%. The company’s revenue was up 32.1% on a year-over-year basis. During the same period last year, the firm earned $1.07 earnings per share.
Several brokerages have recently weighed in on CMPR. ValuEngine downgraded Cimpress from a “hold” rating to a “sell” rating in a research note on Friday, March 2nd. BidaskClub upgraded Cimpress from a “hold” rating to a “buy” rating in a research note on Thursday, January 4th. Zacks Investment Research downgraded Cimpress from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 27th. Finally, Aegis downgraded Cimpress from a “hold” rating to a “sell” rating and set a $110.00 target price for the company. in a research note on Friday, January 26th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Cimpress has a consensus rating of “Hold” and an average target price of $109.50.
In other news, insider Katryn Blake sold 30,000 shares of the stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $118.55, for a total transaction of $3,556,500.00. Following the transaction, the insider now owns 39,814 shares of the company’s stock, valued at $4,719,949.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Donald Leblanc sold 1,500 shares of the stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $157.53, for a total transaction of $236,295.00. Following the transaction, the executive vice president now directly owns 23,047 shares in the company, valued at approximately $3,630,593.91. The disclosure for this sale can be found here. Insiders have sold 69,672 shares of company stock worth $9,311,234 in the last ninety days. Corporate insiders own 11.80% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC bought a new position in Cimpress in the third quarter worth about $119,000. Macquarie Group Ltd. bought a new position in Cimpress in the third quarter worth about $156,000. Dean Capital Investments Management LLC bought a new position in Cimpress in the fourth quarter worth about $224,000. Strs Ohio lifted its holdings in Cimpress by 42.9% in the fourth quarter. Strs Ohio now owns 2,000 shares of the business services provider’s stock worth $239,000 after acquiring an additional 600 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in Cimpress in the fourth quarter worth about $264,000. 98.64% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Cimpress (NASDAQ:CMPR) traded up $6.12 during trading on Tuesday, hitting $166.95. The stock had a trading volume of 125,339 shares, compared to its average volume of 345,335. The company has a quick ratio of 0.33, a current ratio of 0.44 and a debt-to-equity ratio of 6.43. The firm has a market capitalization of $4,916.59, a P/E ratio of -191.46, a PEG ratio of 5.27 and a beta of -0.15. Cimpress has a 12 month low of $78.80 and a 12 month high of $171.76.
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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.
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