Cimpress NV (NASDAQ:CMPR) – Stock analysts at SunTrust Banks issued their Q1 2020 EPS estimates for shares of Cimpress in a research report issued on Thursday, August 1st. SunTrust Banks analyst Y. Squali expects that the business services provider will post earnings of $0.50 per share for the quarter. SunTrust Banks currently has a “Sell” rating and a $84.00 price objective on the stock. SunTrust Banks also issued estimates for Cimpress’ Q2 2020 earnings at $2.18 EPS, Q3 2020 earnings at $0.23 EPS, Q4 2020 earnings at $0.54 EPS, FY2020 earnings at $3.37 EPS, FY2021 earnings at $4.30 EPS, FY2022 earnings at $5.33 EPS, FY2023 earnings at $6.38 EPS and FY2024 earnings at $7.48 EPS.
A number of other equities research analysts have also weighed in on CMPR. ValuEngine upgraded Cimpress from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Aegis restated a “hold” rating and set a $80.00 price objective on shares of Cimpress in a research note on Wednesday, June 5th. BidaskClub upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Barrington Research restated a “buy” rating and set a $100.00 price objective on shares of Cimpress in a research note on Friday, May 17th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $88.00.
Cimpress (NASDAQ:CMPR) last issued its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.74. Cimpress had a return on equity of 89.31% and a net margin of 3.46%. The firm had revenue of $674.71 million during 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% on a year-over-year basis.
In other news, EVP Donald Leblanc sold 5,621 shares of Cimpress stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of $88.08, for a total value of $495,097.68. Following the completion of the transaction, the executive vice president now owns 28,651 shares in the company, valued at approximately $2,523,580.08. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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. GSA Capital Partners LLP acquired a new position in shares of Cimpress in the 2nd quarter worth approximately $295,000. Great Lakes Advisors LLC grew its position in shares of Cimpress by 1.1% in the 2nd quarter. Great Lakes Advisors LLC now owns 94,015 shares of the business services provider’s stock worth $8,545,000 after acquiring an additional 1,014 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Cimpress by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,639 shares of the business services provider’s stock worth $422,000 after acquiring an additional 417 shares in the last quarter. CIBC Private Wealth Group LLC grew its position in shares of Cimpress by 6.0% in the 2nd quarter. CIBC Private Wealth Group LLC now owns 54,238 shares of the business services provider’s stock worth $4,929,000 after acquiring an additional 3,053 shares in the last quarter. Finally, Janus Henderson Group PLC grew its position in shares of Cimpress by 2.5% in the 2nd quarter. Janus Henderson Group PLC now owns 3,785,510 shares of the business services provider’s stock worth $344,065,000 after acquiring an additional 91,165 shares in the last quarter. Institutional investors own 86.70% of the company’s stock.
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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