Cimpress (CMPR) Upgraded by BidaskClub to “Strong-Buy”

Cimpress (NASDAQ:CMPR) was upgraded by BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Wednesday.

Several other brokerages have also issued reports on CMPR. Zacks Investment Research raised Cimpress from a “sell” rating to a “hold” rating in a report on Monday. Aegis lowered Cimpress from a “hold” rating to a “sell” rating and set a $110.00 price objective on the stock. in a report on Friday, January 26th. ValuEngine lowered Cimpress from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Barrington Research reaffirmed a “buy” rating and set a $125.00 price objective (up previously from $110.00) on shares of Cimpress in a report on Tuesday, November 14th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $113.00 price objective on shares of Cimpress in a report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Cimpress currently has a consensus rating of “Hold” and an average target price of $109.50.

Cimpress (CMPR) opened at $150.01 on Wednesday. The company has a market capitalization of $4,760.20, a price-to-earnings ratio of -178.58, a P/E/G ratio of 5.11 and a beta of 0.11. The company has a quick ratio of 0.33, a current ratio of 0.44 and a debt-to-equity ratio of 6.43. Cimpress has a twelve month low of $78.80 and a twelve month high of $167.69.

Cimpress (NASDAQ:CMPR) last posted its earnings results on Wednesday, January 31st. The business services provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.83 by $0.10. The firm had revenue of $762.10 million for the quarter, compared to analyst estimates of $692.34 million. Cimpress had a negative return on equity of 15.72% and a negative net margin of 1.00%. Cimpress’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.07 earnings per share. equities analysts expect that Cimpress will post 2.1 EPS for the current fiscal year.

In other news, EVP Donald Leblanc sold 2,000 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $119.00, for a total transaction of $238,000.00. Following the completion of the sale, the executive vice president now owns 23,984 shares in the company, valued at $2,854,096. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert S. Keane sold 6,251 shares of the stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $120.13, for a total transaction of $750,932.63. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 116,500 shares of company stock worth $14,768,068. Corporate insiders own 11.80% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in shares of Cimpress during the third quarter worth about $119,000. Macquarie Group Ltd. acquired a new stake in shares of Cimpress during the third quarter worth about $156,000. Dean Capital Investments Management LLC acquired a new stake in shares of Cimpress during the fourth quarter worth about $224,000. Strs Ohio boosted its stake in shares of Cimpress by 42.9% during the fourth quarter. Strs Ohio now owns 2,000 shares of the business services provider’s stock worth $239,000 after buying an additional 600 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its stake in shares of Cimpress by 20.9% during the second quarter. Ameritas Investment Partners Inc. now owns 2,620 shares of the business services provider’s stock worth $247,000 after buying an additional 453 shares during the period.

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Cimpress 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.

Analyst Recommendations for Cimpress (NASDAQ:CMPR)

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