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

Cimpress NV (NASDAQ:CMPR) has received a consensus recommendation of “Hold” from the six research firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $144.67.

CMPR has been the topic of several recent analyst reports. BidaskClub downgraded shares of Cimpress from a “hold” rating to a “sell” rating in a research note on Friday, October 5th. Barrington Research reissued a “buy” rating and issued a $165.00 target price on shares of Cimpress in a research note on Tuesday, August 14th. ValuEngine raised shares of Cimpress from a “hold” rating to a “buy” rating in a research note on Friday, August 3rd. Zacks Investment Research upgraded shares of Cimpress from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 24th. Finally, SunTrust Banks restated a “hold” rating and issued a $155.00 price target on shares of Cimpress in a report on Thursday, August 2nd.

In other news, insider Sean Edward Quinn sold 777 shares of the company’s stock in a transaction dated Friday, August 31st. The shares were sold at an average price of $139.40, for a total value of $108,313.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Cornelis David Arends purchased 400 shares of the business’s stock in a transaction dated Monday, August 6th. The stock was bought at an average price of $144.30 per share, for a total transaction of $57,720.00. The disclosure for this purchase can be found here. Corporate insiders own 18.40% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Verition Fund Management LLC bought a new position in shares of Cimpress in the first quarter worth about $284,000. WINTON GROUP Ltd bought a new position in shares of Cimpress in the first quarter worth about $418,000. UBS Group AG grew its holdings in Cimpress by 102.9% during the 1st quarter. UBS Group AG now owns 2,719 shares of the business services provider’s stock worth $421,000 after acquiring an additional 95,255 shares in the last quarter. First Republic Investment Management Inc. grew its holdings in Cimpress by 20.6% during the 2nd quarter. First Republic Investment Management Inc. now owns 3,409 shares of the business services provider’s stock worth $494,000 after acquiring an additional 582 shares in the last quarter. Finally, LMR Partners LLP bought a new position in Cimpress during the 2nd quarter worth about $584,000. Hedge funds and other institutional investors own 87.55% of the company’s stock.

Shares of CMPR traded up $1.35 during midday trading on Friday, hitting $112.86. The stock had a trading volume of 272,290 shares, compared to its average volume of 166,326. Cimpress has a 1 year low of $110.00 and a 1 year high of $171.76. The company has a market cap of $3.49 billion, a P/E ratio of 132.78, a P/E/G ratio of 1.75 and a beta of 0.04. The company has a current ratio of 0.50, a quick ratio of 0.37 and a debt-to-equity ratio of 9.26.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, October 31st. The business services provider reported ($0.47) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.25). Cimpress had a net margin of 0.22% and a return on equity of 18.99%. The firm had revenue of $588.98 million during the quarter, compared to analysts’ expectations of $615.35 million. During the same period in the prior year, the company posted $0.72 EPS. The company’s revenue was up 4.6% compared to the same quarter last year. Analysts predict that Cimpress will post 3.23 earnings per share for the current fiscal year.

Cimpress Company Profile

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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