Cimpress (NASDAQ:CMPR) released its quarterly earnings data on Wednesday. The business services provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.74, Morningstar.com reports. Cimpress had a net margin of 3.46% and a return on equity of 89.31%. The business had revenue of $674.71 million for the quarter, compared to analyst estimates of $657.51 million. During the same quarter last year, the firm earned ($0.24) EPS. Cimpress’s quarterly revenue was up 6.9% compared to the same quarter last year.
CMPR traded up $1.77 during trading on Friday, reaching $105.16. The company had a trading volume of 362,115 shares, compared to its average volume of 138,838. The company has a debt-to-equity ratio of 8.71, a quick ratio of 0.40 and a current ratio of 0.53. Cimpress has a 12 month low of $73.74 and a 12 month high of $149.05. The company’s fifty day moving average price is $94.25. The stock has a market capitalization of $2.96 billion, a P/E ratio of 32.97, a P/E/G ratio of 1.64 and a beta of 0.10.
In other Cimpress news, EVP Donald Leblanc sold 5,621 shares of Cimpress stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $88.08, for a total value of $495,097.68. Following the transaction, the executive vice president now owns 28,651 shares of the company’s stock, valued at $2,523,580.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 18.40% of the company’s stock.
A number of institutional investors and hedge funds have recently made changes to their positions in CMPR. Norges Bank bought a new position in Cimpress in the fourth quarter valued at approximately $21,233,000. Diamond Hill Capital Management Inc. acquired a new stake in shares of Cimpress in the first quarter valued at approximately $7,843,000. Janus Henderson Group PLC raised its holdings in shares of Cimpress by 2.5% in the second quarter. Janus Henderson Group PLC now owns 3,785,510 shares of the business services provider’s stock valued at $344,065,000 after purchasing an additional 91,165 shares during the last quarter. FMR LLC raised its holdings in shares of Cimpress by 9.7% in the first quarter. FMR LLC now owns 800,546 shares of the business services provider’s stock valued at $64,148,000 after purchasing an additional 70,901 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of Cimpress by 188.4% in the first quarter. Bank of Montreal Can now owns 37,271 shares of the business services provider’s stock valued at $2,986,000 after purchasing an additional 24,347 shares during the last quarter. 86.84% of the stock is currently owned by hedge funds and other institutional investors.
CMPR has been the topic of a number of research reports. BidaskClub raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Barrington Research reaffirmed a “buy” rating and issued a $100.00 price target on shares of Cimpress in a research note on Friday, May 17th. SunTrust Banks reaffirmed a “sell” rating and issued a $84.00 price target on shares of Cimpress in a research note on Tuesday. ValuEngine raised shares of Cimpress from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Aegis reaffirmed a “hold” rating and issued a $80.00 price target on shares of Cimpress in a research note on Wednesday, June 5th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $88.00.
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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