Cimpress (CMPR) Upgraded at ValuEngine

Cimpress (NASDAQ:CMPR) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Friday, ValuEngine reports.

CMPR has been the subject of a number of other research reports. Barrington Research set a $100.00 price target on Cimpress and gave the stock a “buy” rating in a research report on Tuesday, March 19th. Aegis cut Cimpress from a “hold” rating to a “sell” rating and set a $75.98 price target for the company. in a research report on Tuesday, March 12th. BidaskClub upgraded Cimpress from a “hold” rating to a “buy” rating in a research note on Thursday, January 10th. SunTrust Banks lowered Cimpress from a “hold” rating to a “sell” rating in a research note on Thursday, January 31st. Finally, Zacks Investment Research lowered Cimpress from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 2nd. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $110.33.

Shares of CMPR opened at $90.98 on Friday. Cimpress has a one year low of $73.74 and a one year high of $157.27. The company has a quick ratio of 0.37, a current ratio of 0.51 and a debt-to-equity ratio of 8.65. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 107.04, a PEG ratio of 2.16 and a beta of -0.10.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, January 30th. The business services provider reported $2.17 EPS for the quarter, missing the Zacks’ consensus estimate of $2.38 by ($0.21). Cimpress had a return on equity of 58.85% and a net margin of 1.67%. The firm had revenue of $825.57 million for the quarter, compared to analyst estimates of $854.97 million. During the same period in the prior year, the firm posted $0.93 EPS. The business’s revenue was up 8.3% compared to the same quarter last year. As a group, equities research analysts expect that Cimpress will post 2.55 earnings per share for the current year.

In related news, CFO Sean Edward Quinn acquired 1,350 shares of Cimpress stock in a transaction on Monday, March 11th. The stock was acquired at an average price of $76.07 per share, for a total transaction of $102,694.50. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 18.40% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AlphaCrest Capital Management LLC purchased a new position in shares of Cimpress during the 4th quarter valued at about $207,000. Oppenheimer Asset Management Inc. raised its stake in shares of Cimpress by 9.8% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 4,073 shares of the business services provider’s stock valued at $421,000 after buying an additional 363 shares during the last quarter. Cantillon Capital Management LLC increased its stake in shares of Cimpress by 0.7% in the 4th quarter. Cantillon Capital Management LLC now owns 1,200,720 shares of the business services provider’s stock valued at $124,179,000 after purchasing an additional 8,118 shares in the last quarter. Ironvine Capital Partners LLC increased its stake in shares of Cimpress by 10.5% in the 4th quarter. Ironvine Capital Partners LLC now owns 126,352 shares of the business services provider’s stock valued at $15,085,000 after purchasing an additional 11,986 shares in the last quarter. Finally, Virginia Retirement Systems ET AL increased its stake in shares of Cimpress by 25.7% in the 4th quarter. Virginia Retirement Systems ET AL now owns 9,300 shares of the business services provider’s stock valued at $962,000 after purchasing an additional 1,900 shares in the last quarter. Institutional investors and hedge funds own 87.32% 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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