Cimpress’ (CMPR) “Outperform” Rating Reiterated at Barrington Research

Barrington Research reissued their outperform rating on shares of Cimpress (NASDAQ:CMPR) in a report released on Tuesday morning, Benzinga reports. The firm currently has a $113.00 price target on the business services provider’s stock. Barrington Research also issued estimates for Cimpress’ Q4 2024 earnings at $0.65 EPS, FY2024 earnings at $2.84 EPS and FY2025 earnings at $4.51 EPS.

Other analysts have also issued research reports about the stock. Truist Financial raised their price objective on shares of Cimpress from $90.00 to $110.00 and gave the stock a buy rating in a report on Friday, February 2nd. StockNews.com downgraded Cimpress from a strong-buy rating to a buy rating in a research report on Monday.

Cimpress Price Performance

Shares of CMPR stock opened at $87.28 on Tuesday. The stock’s fifty day simple moving average is $90.16 and its 200 day simple moving average is $80.98. Cimpress has a one year low of $42.84 and a one year high of $100.01. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 26.94, a P/E/G ratio of 1.13 and a beta of 1.94.

Cimpress (NASDAQ:CMPR) last issued its earnings results on Wednesday, May 1st. The business services provider reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.29). The firm had revenue of $780.59 million during the quarter, compared to analyst estimates of $782.65 million. Cimpress had a net margin of 2.69% and a negative return on equity of 14.44%. During the same quarter in the prior year, the firm posted ($0.97) EPS. On average, research analysts anticipate that Cimpress will post 3.07 earnings per share for the current year.

Insider Buying and Selling at Cimpress

In other news, CEO Florian Baumgartner sold 5,683 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $92.81, for a total transaction of $527,439.23. Following the transaction, the chief executive officer now directly owns 33,793 shares in the company, valued at $3,136,328.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Maarten Wensveen sold 1,651 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $90.00, for a total value of $148,590.00. Following the transaction, the executive vice president now owns 10,779 shares in the company, valued at $970,110. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Florian Baumgartner sold 5,683 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $92.81, for a total transaction of $527,439.23. Following the transaction, the chief executive officer now owns 33,793 shares in the company, valued at $3,136,328.33. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,292 shares of company stock worth $2,319,309. 17.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Cimpress

Several institutional investors have recently modified their holdings of CMPR. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Cimpress during the third quarter worth $257,000. Allspring Global Investments Holdings LLC grew its position in shares of Cimpress by 26.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 103,392 shares of the business services provider’s stock worth $7,238,000 after buying an additional 21,693 shares during the period. Ingalls & Snyder LLC increased its stake in shares of Cimpress by 0.6% in the 3rd quarter. Ingalls & Snyder LLC now owns 93,797 shares of the business services provider’s stock valued at $6,567,000 after acquiring an additional 557 shares during the last quarter. Capula Management Ltd acquired a new stake in shares of Cimpress in the 3rd quarter valued at approximately $1,081,000. Finally, Swiss National Bank boosted its stake in Cimpress by 1.1% during the 3rd quarter. Swiss National Bank now owns 37,600 shares of the business services provider’s stock worth $2,632,000 after acquiring an additional 400 shares during the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

Cimpress Company Profile

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.