Wall Street Zen Upgrades Cimpress (NASDAQ:CMPR) to “Buy”

Cimpress (NASDAQ:CMPR) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

A number of other brokerages have also recently commented on CMPR. Weiss Ratings reiterated a “sell (d)” rating on shares of Cimpress in a research note on Wednesday, October 8th. Truist Financial increased their price target on Cimpress from $74.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Citigroup reiterated an “outperform” rating on shares of Cimpress in a research note on Wednesday, October 1st. Finally, Barrington Research increased their price target on Cimpress from $70.00 to $77.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $77.50.

Cimpress Price Performance

Shares of Cimpress stock opened at $69.21 on Friday. Cimpress has a fifty-two week low of $35.21 and a fifty-two week high of $85.56. The firm has a market capitalization of $1.71 billion, a P/E ratio of 52.83 and a beta of 1.74. The company’s 50 day moving average price is $63.43 and its two-hundred day moving average price is $52.92.

Cimpress (NASDAQ:CMPR) last issued its earnings results on Wednesday, October 29th. The business services provider reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. Cimpress had a net margin of 1.02% and a negative return on equity of 6.23%. The firm had revenue of $863.28 million for the quarter, compared to analyst estimates of $839.42 million. Cimpress has set its FY 2026 guidance at EPS. On average, analysts expect that Cimpress will post 3.69 earnings per share for the current year.

Hedge Funds Weigh In On Cimpress

Hedge funds have recently bought and sold shares of the company. Rubric Capital Management LP bought a new stake in Cimpress in the second quarter valued at $26,387,000. Diamond Hill Capital Management Inc. increased its stake in Cimpress by 55.6% in the first quarter. Diamond Hill Capital Management Inc. now owns 921,661 shares of the business services provider’s stock valued at $41,687,000 after purchasing an additional 329,466 shares in the last quarter. Bandera Partners LLC bought a new stake in Cimpress in the first quarter valued at $10,403,000. Nuveen LLC bought a new stake in Cimpress in the first quarter valued at $6,662,000. Finally, AQR Capital Management LLC increased its stake in Cimpress by 89.0% in the second quarter. AQR Capital Management LLC now owns 296,184 shares of the business services provider’s stock valued at $13,921,000 after purchasing an additional 139,482 shares in the last quarter. Institutional investors own 77.64% of the company’s stock.

About Cimpress

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.