Cimpress (NASDAQ:CMPR) Stock Rating Upgraded by BidaskClub

BidaskClub upgraded shares of Cimpress (NASDAQ:CMPR) from a buy rating to a strong-buy rating in a research report released on Saturday, BidAskClub reports.

A number of other equities analysts also recently commented on CMPR. Aegis reaffirmed a hold rating and issued a $80.00 price objective on shares of Cimpress in a report on Wednesday, June 5th. SunTrust Banks reaffirmed a sell rating and issued a $84.00 price objective on shares of Cimpress in a report on Tuesday, July 30th. ValuEngine upgraded Cimpress from a hold rating to a buy rating in a research note on Thursday, August 1st. Finally, Barrington Research reiterated a buy rating and issued a $100.00 target price on shares of Cimpress in a research note on Friday, May 17th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of Hold and a consensus target price of $88.00.

Cimpress stock opened at $105.84 on Friday. The firm has a market capitalization of $3.23 billion, a P/E ratio of 33.18, a PEG ratio of 1.73 and a beta of 0.10. The stock has a fifty day simple moving average of $94.52. The company has a current ratio of 0.53, a quick ratio of 0.40 and a debt-to-equity ratio of 8.71. Cimpress has a 12 month low of $73.74 and a 12 month high of $146.67.

Cimpress (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.74. The firm had revenue of $674.71 million during the quarter, compared to the consensus estimate of $657.51 million. Cimpress had a net margin of 3.46% and a return on equity of 89.31%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.24) earnings per share. On average, research analysts predict that Cimpress will post 2.77 EPS for the current year.

In other Cimpress news, EVP Donald Leblanc sold 5,621 shares of the firm’s stock in a transaction 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 sale, the executive vice president now directly owns 28,651 shares in the company, valued at $2,523,580.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 18.40% of the company’s stock.

A number of hedge funds have recently bought and sold shares of CMPR. Legal & General Group Plc raised its stake in shares of Cimpress by 6.0% during the fourth quarter. Legal & General Group Plc now owns 9,292 shares of the business services provider’s stock valued at $961,000 after purchasing an additional 524 shares in the last quarter. Norges Bank bought a new stake in shares of Cimpress during the fourth quarter valued at about $21,233,000. Oppenheimer Asset Management Inc. raised its stake in shares of Cimpress by 13.6% during the first quarter. Oppenheimer Asset Management Inc. now owns 4,626 shares of the business services provider’s stock valued at $371,000 after purchasing an additional 553 shares in the last quarter. Eqis Capital Management Inc. raised its stake in shares of Cimpress by 24.9% during the first quarter. Eqis Capital Management Inc. now owns 2,533 shares of the business services provider’s stock valued at $203,000 after purchasing an additional 505 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in shares of Cimpress by 119.4% during the first quarter. SG Americas Securities LLC now owns 13,965 shares of the business services provider’s stock valued at $1,119,000 after purchasing an additional 7,601 shares in the last quarter. Institutional investors own 86.70% 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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