Cimpress N.V (NASDAQ:CMPR) was downgraded by equities research analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued on Monday.
CMPR has been the subject of several other research reports. Zacks Investment Research upgraded Cimpress N.V from a “hold” rating to a “strong-buy” rating and set a $109.00 price target for the company in a research note on Tuesday, July 4th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Cimpress N.V in a research note on Monday, April 10th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $84.00 price target on shares of Cimpress N.V in a research note on Thursday, April 27th. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $89.60.
Cimpress N.V (NASDAQ:CMPR) traded down 0.99% during trading on Monday, hitting $92.14. The stock had a trading volume of 293,573 shares. The company has a 50 day moving average of $92.71 and a 200-day moving average of $88.11. Cimpress N.V has a 12-month low of $78.80 and a 12-month high of $104.18. The company’s market cap is $2.87 billion.
Cimpress N.V (NASDAQ:CMPR) last issued its earnings results on Wednesday, April 26th. The business services provider reported ($1.38) EPS for the quarter, missing analysts’ consensus estimates of $0.58 by $1.96. Cimpress N.V had a negative net margin of 0.98% and a negative return on equity of 16.12%. The firm had revenue of $550.59 million during the quarter, compared to analysts’ expectations of $533.58 million. During the same quarter last year, the firm earned ($1.06) EPS. The business’s revenue for the quarter was up 26.0% compared to the same quarter last year. On average, equities analysts predict that Cimpress N.V will post ($1.34) EPS for the current year.
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In other Cimpress N.V news, CFO Sean Edward Quinn sold 1,660 shares of the company’s stock in a transaction that occurred on Friday, July 7th. The stock was sold at an average price of $95.00, for a total value of $157,700.00. Following the completion of the transaction, the chief financial officer now owns 2,422 shares of the company’s stock, valued at approximately $230,090. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Katryn Blake sold 1,916 shares of the company’s stock in a transaction that occurred on Wednesday, May 24th. The shares were sold at an average price of $90.00, for a total value of $172,440.00. Following the completion of the transaction, the insider now directly owns 13,331 shares of the company’s stock, valued at approximately $1,199,790. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,608 shares of company stock valued at $615,281. 11.50% of the stock is owned by corporate insiders.
A number of institutional investors have recently bought and sold shares of CMPR. Legato Capital Management LLC purchased a new position in Cimpress N.V during the second quarter valued at approximately $217,000. Janus Capital Management LLC boosted its position in Cimpress N.V by 18.8% in the first quarter. Janus Capital Management LLC now owns 4,013,452 shares of the business services provider’s stock valued at $345,919,000 after buying an additional 634,662 shares during the period. Paloma Partners Management Co boosted its position in Cimpress N.V by 23.3% in the first quarter. Paloma Partners Management Co now owns 18,652 shares of the business services provider’s stock valued at $1,607,000 after buying an additional 3,523 shares during the period. State Street Corp boosted its position in Cimpress N.V by 3.3% in the first quarter. State Street Corp now owns 454,238 shares of the business services provider’s stock valued at $39,149,000 after buying an additional 14,512 shares during the period. Finally, Bank of America Corp DE boosted its position in Cimpress N.V by 6.9% in the first quarter. Bank of America Corp DE now owns 106,274 shares of the business services provider’s stock valued at $9,161,000 after buying an additional 6,825 shares during the period. 99.40% of the stock is owned by hedge funds and other institutional investors.
Cimpress N.V Company Profile
Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.
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