Cimpress NV (CMPR) Receives $134.67 Average Target Price from Brokerages

Shares of Cimpress NV (NASDAQ:CMPR) have earned an average rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $134.67.

Several analysts have weighed in on CMPR shares. Barrington Research set a $165.00 target price on shares of Cimpress and gave the company a “buy” rating in a research note on Wednesday, September 26th. BidaskClub lowered shares of Cimpress from a “hold” rating to a “sell” rating in a research report on Friday, October 5th. Finally, Zacks Investment Research lowered shares of Cimpress from a “buy” rating to a “hold” rating in a research report on Monday, October 15th.

Shares of NASDAQ:CMPR opened at $115.06 on Friday. The company has a debt-to-equity ratio of 11.31, a current ratio of 0.55 and a quick ratio of 0.39. The firm has a market capitalization of $3.52 billion, a P/E ratio of 135.36, a P/E/G ratio of 1.43 and a beta of 0.28. Cimpress has a 12-month low of $99.16 and a 12-month high of $171.76.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, October 31st. The business services provider reported ($0.47) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.25). Cimpress had a net margin of 0.22% and a return on equity of 19.98%. The business had revenue of $588.98 million for the quarter, compared to the consensus estimate of $615.35 million. During the same quarter in the previous year, the firm earned $0.72 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. Equities research analysts predict that Cimpress will post 3.07 earnings per share for the current year.

In other Cimpress news, Director John J. Gavin, Jr. sold 9,548 shares of the company’s stock in a transaction dated Friday, November 2nd. The shares were sold at an average price of $113.61, for a total transaction of $1,084,748.28. Following the completion of the sale, the director now directly owns 9,548 shares of the company’s stock, valued at $1,084,748.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director John J. Gavin, Jr. sold 14,763 shares of the company’s stock in a transaction dated Tuesday, December 18th. The shares were sold at an average price of $107.81, for a total transaction of $1,591,599.03. Following the sale, the director now directly owns 3,175 shares of the company’s stock, valued at $342,296.75. The disclosure for this sale can be found here. Insiders purchased 800 shares of company stock valued at $91,134 in the last ninety days. Corporate insiders own 18.40% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of CMPR. First Republic Investment Management Inc. increased its holdings in Cimpress by 20.6% in the second quarter. First Republic Investment Management Inc. now owns 3,409 shares of the business services provider’s stock worth $494,000 after buying an additional 582 shares during the last quarter. Ironvine Capital Partners LLC boosted its position in Cimpress by 90.9% during the third quarter. Ironvine Capital Partners LLC now owns 114,366 shares of the business services provider’s stock worth $15,624,000 after purchasing an additional 54,467 shares during the period. Schwab Charles Investment Management Inc. boosted its position in Cimpress by 12.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 83,107 shares of the business services provider’s stock worth $12,048,000 after purchasing an additional 8,899 shares during the period. Paloma Partners Management Co bought a new stake in Cimpress during the second quarter worth approximately $1,276,000. Finally, Virginia Retirement Systems ET AL bought a new stake in Cimpress during the third quarter worth approximately $1,011,000. Institutional investors own 86.44% 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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