Barrington Research set a $100.00 target price on Cimpress (NASDAQ:CMPR) in a research report sent to investors on Tuesday. The brokerage currently has a buy rating on the business services provider’s stock.
A number of other brokerages have also commented on CMPR. Aegis lowered Cimpress from a hold rating to a sell rating and set a $75.98 price target on the stock. in a report on Tuesday, March 12th. Zacks Investment Research lowered Cimpress from a hold rating to a strong sell rating in a report on Wednesday, January 2nd. BidaskClub lowered Cimpress from a buy rating to a hold rating in a report on Saturday, December 8th. ValuEngine lowered Cimpress from a hold rating to a sell rating in a report on Thursday, January 31st. Finally, SunTrust Banks lowered Cimpress from a hold rating to a sell rating in a report on Thursday, January 31st. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $110.33.
Shares of NASDAQ CMPR opened at $79.32 on Tuesday. Cimpress has a 1-year low of $73.96 and a 1-year high of $168.52. The company has a current ratio of 0.51, a quick ratio of 0.37 and a debt-to-equity ratio of 8.65. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 93.32, a P/E/G ratio of 1.76 and a beta of -0.09.
Cimpress (NASDAQ:CMPR) last issued its earnings results on Wednesday, January 30th. The business services provider reported $2.17 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.38 by ($0.21). Cimpress had a return on equity of 58.85% and a net margin of 1.67%. The company had revenue of $825.57 million during the quarter, compared to analyst estimates of $854.97 million. During the same period in the prior year, the business earned $0.93 earnings per share. Cimpress’s quarterly revenue was up 8.3% on a year-over-year basis. Sell-side analysts anticipate that Cimpress will post 2.8 EPS for the current fiscal year.
In other Cimpress news, CFO Sean Edward Quinn purchased 1,350 shares of the stock in a transaction dated Monday, March 11th. The shares were bought at an average cost of $76.07 per share, with a total value of $102,694.50. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 18.40% of the stock is currently owned by company insiders.
Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Cimpress by 4.6% during the third quarter. Vanguard Group Inc. now owns 1,999,725 shares of the business services provider’s stock valued at $273,182,000 after purchasing an additional 87,792 shares during the period. Vanguard Group Inc grew its holdings in Cimpress by 4.6% during the third quarter. Vanguard Group Inc now owns 1,999,725 shares of the business services provider’s stock worth $273,182,000 after acquiring an additional 87,792 shares during the period. Cantillon Capital Management LLC grew its holdings in Cimpress by 0.7% during the fourth quarter. Cantillon Capital Management LLC now owns 1,200,720 shares of the business services provider’s stock worth $124,179,000 after acquiring an additional 8,118 shares during the period. BlackRock Inc. grew its holdings in Cimpress by 0.7% during the fourth quarter. BlackRock Inc. now owns 1,111,969 shares of the business services provider’s stock worth $114,998,000 after acquiring an additional 8,190 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Cimpress by 3.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 655,353 shares of the business services provider’s stock worth $67,780,000 after acquiring an additional 24,236 shares during the period. 86.65% of the stock is currently owned by institutional investors.
Cimpress Company Profile
Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.
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