Brokerages Set Cimpress NV (CMPR) Target Price at $76.00
Cimpress NV (NASDAQ:CMPR) has been assigned a consensus recommendation of “Hold” from the ten analysts that are presently covering the stock. Three analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $76.00.
Several brokerages have issued reports on CMPR. Zacks Investment Research lowered shares of Cimpress NV from a “hold” rating to a “sell” rating in a research report on Wednesday, October 26th. Jefferies Group reiterated a “hold” rating and set a $84.00 target price on shares of Cimpress NV in a research report on Monday, August 22nd. Cantor Fitzgerald reiterated a “hold” rating on shares of Cimpress NV in a research report on Friday, September 2nd. Finally, Axiom Securities dropped their target price on shares of Cimpress NV from $84.00 to $80.00 and set a “sell” rating for the company in a research report on Friday, July 29th.
In related news, insider Katryn Blake sold 723 shares of Cimpress NV stock in a transaction on Friday, September 2nd. The shares were sold at an average price of $99.98, for a total value of $72,285.54. Following the transaction, the insider now directly owns 12,957 shares of the company’s stock, valued at $1,295,440.86. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Cornelius David Arends bought 2,050 shares of the firm’s stock in a transaction that occurred on Monday, October 31st. The stock was purchased at an average cost of $83.50 per share, for a total transaction of $171,175.00. The disclosure for this purchase can be found here. 11.50% of the stock is currently owned by corporate insiders.
Hedge funds and other institutional investors have recently modified their holdings of the company. Creative Planning increased its position in shares of Cimpress NV by 0.4% in the second quarter. Creative Planning now owns 2,989 shares of the company’s stock valued at $276,000 after buying an additional 11 shares during the last quarter. BlackRock Inc. increased its position in shares of Cimpress NV by 1.0% in the third quarter. BlackRock Inc. now owns 2,910 shares of the company’s stock valued at $295,000 after buying an additional 29 shares during the last quarter. Eqis Capital Management Inc. increased its position in shares of Cimpress NV by 1.4% in the third quarter. Eqis Capital Management Inc. now owns 9,024 shares of the company’s stock valued at $913,000 after buying an additional 127 shares during the last quarter. D.A. Davidson & CO. increased its position in shares of Cimpress NV by 10.9% in the third quarter. D.A. Davidson & CO. now owns 1,914 shares of the company’s stock valued at $193,000 after buying an additional 188 shares during the last quarter. Finally, US Bancorp DE increased its position in shares of Cimpress NV by 31.5% in the third quarter. US Bancorp DE now owns 1,655 shares of the company’s stock valued at $167,000 after buying an additional 396 shares during the last quarter. 93.72% of the stock is currently owned by institutional investors.
Cimpress NV (NASDAQ:CMPR) opened at 85.17 on Friday. Cimpress NV has a 52 week low of $67.89 and a 52 week high of $104.18. The firm has a 50-day moving average of $91.77 and a 200-day moving average of $95.22. The company has a market capitalization of $2.70 billion, a PE ratio of 192.69 and a beta of 0.48.
Cimpress NV (NASDAQ:CMPR) last issued its quarterly earnings data on Wednesday, October 26th. The company reported ($0.92) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.73. The firm had revenue of $443.70 million for the quarter, compared to analysts’ expectations of $457.32 million. Cimpress NV had a net margin of 0.69% and a return on equity of 77.28%. Cimpress NV’s revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.30 EPS. Equities analysts expect that Cimpress NV will post $0.47 earnings per share for the current fiscal year.
Cimpress NV 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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