Cimpress NV (CMPR) Expected to Announce Earnings of -$0.33 Per Share
Analysts expect Cimpress NV (NASDAQ:CMPR) to post earnings per share of ($0.33) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Cimpress NV’s earnings, with the highest EPS estimate coming in at ($0.14) and the lowest estimate coming in at ($0.52). Cimpress NV posted earnings of ($0.92) per share during the same quarter last year, which would indicate a positive year over year growth rate of 64.1%. The firm is scheduled to announce its next earnings report on Wednesday, October 25th.
According to Zacks, analysts expect that Cimpress NV will report full-year earnings of $0.80 per share for the current financial year, with EPS estimates ranging from ($0.06) to $1.65. For the next financial year, analysts expect that the business will report earnings of $2.01 per share, with EPS estimates ranging from $1.14 to $2.87. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow Cimpress NV.
A number of equities analysts have weighed in on the stock. Cantor Fitzgerald reissued a “hold” rating on shares of Cimpress NV in a research report on Monday, June 26th. Zacks Investment Research raised shares of Cimpress NV from a “hold” rating to a “strong-buy” rating and set a $109.00 price target on the stock in a research report on Tuesday, July 4th. BidaskClub upgraded Cimpress NV from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 12th. ValuEngine downgraded Cimpress NV from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Finally, SunTrust Banks, Inc. reiterated a “hold” rating and issued a $85.00 price target on shares of Cimpress NV in a research note on Wednesday, August 16th. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $91.14.
Shares of Cimpress NV (NASDAQ:CMPR) opened at 100.50 on Tuesday. The stock’s 50 day moving average is $93.74 and its 200 day moving average is $90.13. Cimpress NV has a 52-week low of $78.80 and a 52-week high of $102.95. The stock’s market capitalization is $3.15 billion.
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In related news, CFO Sean Edward Quinn sold 1,660 shares of the firm’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of $95.00, for a total transaction of $157,700.00. Following the transaction, the chief financial officer now owns 2,422 shares in the company, valued at $230,090. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Katryn Blake sold 2,309 shares of the business’s stock in a transaction that occurred on Friday, July 7th. The stock was sold at an average price of $95.00, for a total value of $219,355.00. Following the sale, the insider now directly owns 11,222 shares in the company, valued at approximately $1,066,090. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,943 shares of company stock worth $562,220. Corporate insiders own 11.50% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of CMPR. Strs Ohio lifted its position in shares of Cimpress NV by 57.1% during the 2nd quarter. Strs Ohio now owns 1,100 shares of the business services provider’s stock valued at $103,000 after acquiring an additional 400 shares during the last quarter. Ameritas Investment Partners Inc. bought a new stake in shares of Cimpress NV during the 1st quarter worth $187,000. Legato Capital Management LLC bought a new stake in shares of Cimpress NV during the 2nd quarter worth $217,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Cimpress NV during the 1st quarter worth $218,000. Finally, D.A. Davidson & CO. boosted its stake in shares of Cimpress NV by 1.7% during the 2nd quarter. D.A. Davidson & CO. now owns 3,109 shares of the business services provider’s stock worth $293,000 after acquiring an additional 52 shares in the last quarter. 89.08% of the stock is owned by institutional investors.
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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