Cimpress (NASDAQ:CMPR) Lowered to “Hold” Rating by Wall Street Zen

Cimpress (NASDAQ:CMPR) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

A number of other equities analysts have also weighed in on CMPR. Citigroup reissued an “outperform” rating on shares of Cimpress in a research note on Wednesday. Truist Financial lifted their price target on Cimpress from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Weiss Ratings reissued a “sell (d)” rating on shares of Cimpress in a report on Saturday, September 27th. Finally, Barrington Research raised their price objective on shares of Cimpress from $70.00 to $77.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 1st. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $77.50.

Cimpress Trading Up 2.3%

Shares of NASDAQ CMPR opened at $64.77 on Friday. The stock has a market cap of $1.59 billion, a PE ratio of 127.00 and a beta of 1.74. Cimpress has a 12-month low of $35.21 and a 12-month high of $85.56. The company has a 50-day moving average of $59.87 and a 200 day moving average of $49.77.

Cimpress (NASDAQ:CMPR) last issued its earnings results on Tuesday, July 29th. The business services provider reported ($1.02) earnings per share for the quarter, missing the consensus estimate of $0.97 by ($1.99). The company had revenue of $869.48 million for the quarter, compared to analyst estimates of $844.24 million. Cimpress had a negative return on equity of 2.64% and a net margin of 0.44%. Cimpress has set its FY 2026 guidance at EPS. On average, sell-side analysts forecast that Cimpress will post 3.69 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Squarepoint Ops LLC acquired a new position in shares of Cimpress during the second quarter worth $1,385,000. Headlands Technologies LLC lifted its holdings in Cimpress by 32.3% during the 2nd quarter. Headlands Technologies LLC now owns 986 shares of the business services provider’s stock worth $46,000 after buying an additional 241 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Cimpress by 115.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,846 shares of the business services provider’s stock worth $87,000 after acquiring an additional 991 shares in the last quarter. Rubric Capital Management LP acquired a new stake in shares of Cimpress during the 2nd quarter worth about $26,387,000. Finally, Balyasny Asset Management L.P. purchased a new stake in Cimpress during the second quarter worth approximately $3,183,000. Institutional investors and hedge funds 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.