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Cimpress (NASDAQ: CMPR) was upgraded by Zacks Investment Research from a "strong sale" rating to a "hold" note in a research note issued to investors Tuesday,
According to Zacks, "Cimpress has shifted its value proposition away from deep cuts and free direct marketing efforts to tap the broad market opportunity beyond the traditional base of highly sensitive prices. is making steady progress in investing in new markets, and the business strategy is now focused on higher quality products and delivery, increased customer service and more transparent pricing, but the headwinds of currency conversion could add to the difficulties since the company generates nearly half of its revenue outside the US. renegotiated agreements and restrictions imposed on as with other members of the European Union after the referendum on Brexit. The fierce competition of traditional graphic design and print companies and other online providers remains another hurdle. "
Several other equity research analysts have also recently commented on the company BidaskClub has updated Cimpress from a" hold "note to a" buy "note in a research note on Wednesday, June 20th. Barrington Research set a price target of $ 165.00 on Cimpress and awarded a "buy" note to the title in a research note on Thursday, May 24. SunTrust Banks has re-evaluated its hold note and set a target of $ 144.00 price on Cimpress shares in a research note on Tuesday, May 8. Aegis restated a "sell" note and set a price target of $ 114.00 on Cimpress shares in a note of research on Tuesday, May 8. Finally, ValuEngine passed Cimpress from a "sell" rating to a "sustain" rating in a research note on Wednesday, May 2. An equity research analyst evaluated Action with a sales note, three issued a reserve note and two have The company currently has a consensus rating of "Hold" and an average price target of $ 140.00.
Cimpress shares fell by $ 1.41, reaching $ 150.40 during trading hours on Tuesday, reports MarketBeat. 3,383 shares of the company were traded for an average volume of 96,708. Cimpress has a low of $ 80.61 in one year and a high of $ 171.76 in one year. The company has a debt ratio of 9.51, a liquidity ratio of 0.54 and a ratio of 0.40. The stock has a market capitalization of $ 4.64 billion, a stock ratio of -112.03, a price-earnings-growth ratio of 2.42 and a beta of -0.14.
Cimpress (NASDAQ: CMPR) last published its quarterly results on Wednesday, May 2nd. The business services provider reported earnings per share of $ 0.07 for the quarter, except Thomson Reuters' consensus estimate of $ 0.17 ($ 0.24). Cimpress had a return on equity of 28.27% and a net margin of 0.65%. The company achieved a turnover of $ 636.07 million for the quarter, compared with $ 615.66 million for analysts. During the same quarter last year, the company earned $ 1.38 from BPA. The Cimpress business figure for the quarter is up 15.5% over the same quarter of last year. stock research analysts predict that Cimpress will post EPS 1.62 for the current year.
In other news from Cimpress, CFO Sean Edward Quinn sold 776 shares of the stock on Thursday, May 31. The stock was sold at an average price of $ 138.49, for a total value of $ 107,468.24. The transaction has been disclosed in a legal deposit with the Securities & Exchange Commission, which is available at this hyperlink. In addition, Katryn Blake, an insider, sold 9,297 shares during a transaction on Monday, May 7. The stock was sold at an average price of $ 140.61, for a total value of $ 1,307,251.17. Following the completion of the transaction, the insider now holds 15,776 shares of the Company, valued at approximately $ 2,218,263.36. The disclosure for this sale can be found here. Insiders sold 14,721 shares valued at $ 2,063,580 during the last quarter. 18.80% of the stock is currently owned by insiders of the company.
A number of major investors have recently added or reduced their holdings in the CMPR. Geode Capital Management LLC increased its position in Cimpress by 3.4% in the fourth quarter. Geode Capital Management LLC now holds 72,510 shares in the $ 8,692,000 business services provider after acquiring an additional 2,409 shares in the last quarter. Deutsche Bank AG increased its holdings in Cimpress by 127.7% in the fourth quarter. Deutsche Bank AG now holds 59,895 shares of the business service provider valued at $ 7,177,000 after purchasing 33,594 additional shares in the last quarter. Teachers Advisors LLC increased its holdings in Cimpress by 3.2% in the fourth quarter. Teachers Advisors LLC now owns 52,114 shares of the Business Service Provider valued at $ 6,247,000 after purchasing 1,595 additional shares in the last quarter. Millennium Management LLC acquired a new stake in Cimpress in the fourth quarter worth $ 1,380,000. Finally, Jane Street Group LLC has acquired a new stake in Cimpress in the fourth quarter worth $ 334,000. Hedge funds and other institutional investors hold 89.83% of the company's shares.
About Cimpress
Cimpress NV is a company based in North America, Europe, Australia, New Zealand, South America, Asia-Pacific and the United States. world. It individually aggregates custom orders for a range of printing products, signage, clothing and related products, primarily via the Internet. The company operates through four segments: Vistaprint, Upload and Print, National Pen, and all other activities
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