Cimpress NV (CMPR) Expected to Post Earnings of $0.03 Per Share

Brokerages expect Cimpress NV (NASDAQ:CMPR) to announce $0.03 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Cimpress’ earnings. The highest EPS estimate is $0.05 and the lowest is $0.01. Cimpress posted earnings per share of $0.20 in the same quarter last year, which would suggest a negative year-over-year growth rate of 85%. The company is expected to announce its next earnings results after the market closes on Wednesday, August 1st.

According to Zacks, analysts expect that Cimpress will report full-year earnings of $1.62 per share for the current year, with EPS estimates ranging from $1.61 to $1.63. For the next year, analysts expect that the company will post earnings of $3.12 per share, with EPS estimates ranging from $2.66 to $3.57. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Cimpress.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings data on Wednesday, May 2nd. The business services provider reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.24). Cimpress had a return on equity of 28.27% and a net margin of 0.65%. The business had revenue of $636.07 million for the quarter, compared to analyst estimates of $615.66 million. During the same period in the prior year, the firm posted ($1.38) EPS. Cimpress’s revenue for the quarter was up 15.5% on a year-over-year basis.

Several equities analysts recently issued reports on the company. Barrington Research set a $165.00 price target on Cimpress and gave the company a “buy” rating in a research note on Thursday, May 24th. Zacks Investment Research upgraded Cimpress from a “strong sell” rating to a “hold” rating in a research note on Tuesday. BidaskClub lowered Cimpress from a “buy” rating to a “hold” rating in a research note on Friday, May 4th. SunTrust Banks restated a “hold” rating and set a $144.00 price target on shares of Cimpress in a research note on Tuesday, May 8th. Finally, Aegis restated a “sell” rating and set a $114.00 price target on shares of Cimpress in a research note on Tuesday, May 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $140.00.

In other news, CEO Katryn Blake sold 4,648 shares of the company’s stock in a transaction that occurred on Friday, May 4th. The stock was sold at an average price of $139.60, for a total value of $648,860.80. Following the sale, the chief executive officer now directly owns 15,776 shares in the company, valued at approximately $2,202,329.60. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Sean Edward Quinn sold 776 shares of the company’s stock in a transaction that occurred on Thursday, May 31st. The shares were sold at an average price of $138.49, for a total value of $107,468.24. The disclosure for this sale can be found here. Insiders have sold 14,721 shares of company stock worth $2,063,580 over the last 90 days. Corporate insiders own 18.80% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC bought a new stake in shares of Cimpress in the 1st quarter valued at approximately $177,000. M&T Bank Corp bought a new stake in shares of Cimpress in the 1st quarter valued at approximately $249,000. Zeke Capital Advisors LLC bought a new stake in shares of Cimpress in the 1st quarter valued at approximately $250,000. Verition Fund Management LLC bought a new stake in shares of Cimpress in the 1st quarter valued at approximately $284,000. Finally, Sciencast Management LP bought a new stake in shares of Cimpress in the 1st quarter valued at approximately $302,000. Institutional investors own 89.83% of the company’s stock.

Cimpress traded down $6.95, hitting $145.86, on Friday, according to Marketbeat Ratings. 106,848 shares of the stock traded hands, compared to its average volume of 221,024. Cimpress has a 52 week low of $84.28 and a 52 week high of $171.76. The company has a quick ratio of 0.40, a current ratio of 0.54 and a debt-to-equity ratio of 9.51. The firm has a market capitalization of $4.75 billion, a price-to-earnings ratio of -108.85, a P/E/G ratio of 2.48 and a beta of -0.14.

About Cimpress

Cimpress N.V. operates as a technology based company in North America, Europe, Australia, New Zealand, South America, the Asia Pacific, and internationally. It aggregates individually customized orders for a range of print, signage, apparel, and related products primarily through the Internet. The company operates through four segments: Vistaprint, Upload and Print, National Pen, and All Other Businesses.

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