Cimpress NV (CMPR) Given Consensus Recommendation of “Hold” by Brokerages

Cimpress NV (NASDAQ:CMPR) has been assigned a consensus rating of “Hold” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $87.99.

Several brokerages have recently issued reports on CMPR. Barrington Research reiterated a “buy” rating and issued a $135.00 target price on shares of Cimpress in a research report on Tuesday, January 29th. Aegis lowered shares of Cimpress from a “hold” rating to a “sell” rating and set a $75.98 target price on the stock. in a research report on Tuesday, March 12th. Zacks Investment Research lowered shares of Cimpress from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 2nd. BidaskClub upgraded shares of Cimpress from a “hold” rating to a “buy” rating in a research report on Saturday, April 13th. Finally, ValuEngine upgraded shares of Cimpress from a “sell” rating to a “hold” rating in a research report on Friday.

Shares of NASDAQ CMPR traded down $0.55 during trading on Friday, hitting $90.98. The company had a trading volume of 102,722 shares, compared to its average volume of 161,939. Cimpress has a fifty-two week low of $73.74 and a fifty-two week high of $157.27. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 107.04, a price-to-earnings-growth ratio of 2.23 and a beta of -0.10. The company has a quick ratio of 0.37, a current ratio of 0.51 and a debt-to-equity ratio of 8.65.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, January 30th. The business services provider reported $2.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.38 by ($0.21). Cimpress had a net margin of 1.67% and a return on equity of 58.85%. The company had revenue of $825.57 million during the quarter, compared to analyst estimates of $854.97 million. During the same quarter last year, the business earned $0.93 EPS. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. Equities research analysts anticipate that Cimpress will post 2.55 EPS for the current fiscal year.

In related news, CFO Sean Edward Quinn bought 1,350 shares of the company’s stock in a transaction dated Monday, March 11th. The shares were acquired at an average price of $76.07 per share, for a total transaction of $102,694.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 18.40% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of CMPR. Norges Bank acquired a new position in Cimpress during the fourth quarter worth about $21,233,000. Prescott Investors Profit Sharing Trust acquired a new position in Cimpress during the fourth quarter worth about $14,330,000. Vanguard Group Inc boosted its position 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 last quarter. Vanguard Group Inc. boosted its position 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 last quarter. Finally, Rehmann Capital Advisory Group boosted its position in Cimpress by 13,371.7% during the third quarter. Rehmann Capital Advisory Group now owns 48,633 shares of the business services provider’s stock worth $356,000 after acquiring an additional 48,272 shares during the last quarter. Hedge funds and other institutional investors own 87.32% of the company’s stock.

About Cimpress

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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