Cimpress NV (NASDAQ:CMPR) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,630,000 shares, an increase of 22.2% from the December 31st total of 3,790,000 shares. Based on an average daily volume of 273,000 shares, the short-interest ratio is currently 17.0 days. Currently, 19.1% of the shares of the company are short sold.
Shares of Cimpress stock opened at $108.85 on Wednesday. The company has a quick ratio of 0.34, a current ratio of 0.49 and a debt-to-equity ratio of 8.00. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 1.10 and a beta of 0.06. Cimpress has a twelve month low of $73.74 and a twelve month high of $145.09. The company has a 50-day simple moving average of $115.77 and a two-hundred day simple moving average of $119.94.
Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, October 30th. The business services provider reported $0.66 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.24. Cimpress had a net margin of 4.64% and a return on equity of 173.17%. The company had revenue of $634.00 million for the quarter, compared to analysts’ expectations of $629.98 million. During the same period last year, the firm earned ($0.47) earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. On average, sell-side analysts anticipate that Cimpress will post 4.53 earnings per share for the current fiscal year.
CMPR has been the subject of several research reports. SunTrust Banks reissued a “hold” rating and set a $128.00 price target on shares of Cimpress in a report on Friday, January 24th. TheStreet lowered Cimpress from a “b-” rating to a “c” rating in a report on Monday, December 2nd. Barrington Research reiterated a “hold” rating on shares of Cimpress in a research report on Wednesday, November 20th. ValuEngine cut Cimpress from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, BidaskClub downgraded Cimpress from a “hold” rating to a “sell” rating in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Cimpress currently has an average rating of “Hold” and a consensus price target of $102.67.
In other news, insider Scott J. Vassalluzzo sold 750,000 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $135.00, for a total value of $101,250,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 19.00% of the stock is owned by insiders.
Several hedge funds have recently modified their holdings of the stock. Nisa Investment Advisors LLC increased its stake in Cimpress by 80.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 225 shares of the business services provider’s stock worth $28,000 after acquiring an additional 100 shares during the period. Tower Research Capital LLC TRC lifted its position in Cimpress by 59.2% during the third quarter. Tower Research Capital LLC TRC now owns 414 shares of the business services provider’s stock worth $55,000 after purchasing an additional 154 shares during the period. Quadrant Capital Group LLC grew its stake in Cimpress by 80.5% during the third quarter. Quadrant Capital Group LLC now owns 518 shares of the business services provider’s stock worth $67,000 after buying an additional 231 shares in the last quarter. Royal Bank of Canada grew its stake in Cimpress by 105.6% during the second quarter. Royal Bank of Canada now owns 1,439 shares of the business services provider’s stock worth $132,000 after buying an additional 739 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. grew its stake in Cimpress by 18.3% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,858 shares of the business services provider’s stock worth $169,000 after buying an additional 288 shares in the last quarter. Institutional investors and hedge funds own 91.37% of the company’s stock.
Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.
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