Cimpress NV (NASDAQ:CMPR) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 5,180,000 shares, an increase of 11.9% from the January 15th total of 4,630,000 shares. Approximately 21.3% of the company’s shares are short sold. Based on an average trading volume of 280,300 shares, the short-interest ratio is presently 18.5 days.
Several institutional investors and hedge funds have recently modified their holdings of the business. Blueshift Asset Management LLC acquired a new position in shares of Cimpress during the fourth quarter worth about $457,000. First Republic Investment Management Inc. lifted its stake in shares of Cimpress by 3.1% during the fourth quarter. First Republic Investment Management Inc. now owns 5,918 shares of the business services provider’s stock worth $744,000 after purchasing an additional 176 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in shares of Cimpress by 39.0% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 181,266 shares of the business services provider’s stock worth $22,798,000 after purchasing an additional 50,870 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Cimpress by 14.3% during the fourth quarter. Bank of New York Mellon Corp now owns 99,760 shares of the business services provider’s stock worth $12,545,000 after purchasing an additional 12,473 shares in the last quarter. Finally, ArrowMark Colorado Holdings LLC lifted its stake in shares of Cimpress by 13.9% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 1,262,696 shares of the business services provider’s stock worth $158,809,000 after purchasing an additional 153,759 shares in the last quarter. Institutional investors own 91.44% of the company’s stock.
A number of equities research analysts have issued reports on CMPR shares. ValuEngine downgraded Cimpress from a “hold” rating to a “sell” rating in a research report on Saturday, February 1st. SunTrust Banks reissued a “hold” rating and set a $128.00 price target on shares of Cimpress in a research report on Friday, January 24th. TheStreet downgraded Cimpress from a “b-” rating to a “c” rating in a research report on Monday, December 2nd. BidaskClub downgraded Cimpress from a “hold” rating to a “sell” rating in a research report on Friday, February 7th. Finally, Barrington Research reissued a “hold” rating on shares of Cimpress in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $102.67.
CMPR stock traded up $1.16 during trading on Friday, reaching $117.44. 272,078 shares of the stock traded hands, compared to its average volume of 284,725. The business’s 50 day moving average price is $113.91 and its 200-day moving average price is $121.96. Cimpress has a 52-week low of $73.74 and a 52-week high of $145.09. The company has a debt-to-equity ratio of 8.00, a current ratio of 0.43 and a quick ratio of 0.30. The firm has a market capitalization of $3.25 billion, a PE ratio of 13.39 and a beta of 0.10.
Cimpress (NASDAQ:CMPR) last issued its quarterly earnings data on Wednesday, January 29th. The business services provider reported $6.81 EPS for the quarter, topping the Zacks’ consensus estimate of $2.24 by $4.57. The company had revenue of $820.33 million for the quarter, compared to analysts’ expectations of $840.82 million. Cimpress had a return on equity of 12,360.67% and a net margin of 8.99%. The firm’s quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.14 earnings per share. On average, equities research analysts predict that Cimpress will post 5.95 earnings per share for the current year.
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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