Cimpress (NASDAQ:CMPR) Raised to Strong-Buy at Zacks Research

Cimpress (NASDAQ:CMPRGet Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports. Zacks Research also issued estimates for Cimpress’ Q4 2027 earnings at $1.70 EPS, FY2027 earnings at $4.15 EPS and Q1 2028 earnings at $0.96 EPS.

Several other research analysts also recently commented on the stock. Barrington Research lifted their target price on shares of Cimpress from $95.00 to $113.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cimpress in a research report on Wednesday, April 29th. Truist Financial set a $110.00 price objective on Cimpress in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 1st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $111.50.

Get Our Latest Analysis on CMPR

Cimpress Stock Down 1.3%

NASDAQ CMPR opened at $96.02 on Tuesday. The stock has a market capitalization of $2.33 billion, a PE ratio of 53.94 and a beta of 1.80. Cimpress has a 12-month low of $42.05 and a 12-month high of $106.13. The company has a 50 day moving average price of $86.09 and a two-hundred day moving average price of $77.37.

Cimpress (NASDAQ:CMPRGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The business services provider reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.40. Cimpress had a net margin of 1.24% and a negative return on equity of 8.25%. The business had revenue of $886.21 million during the quarter, compared to analyst estimates of $858.80 million. As a group, equities analysts anticipate that Cimpress will post 3.81 EPS for the current year.

Insider Activity

In other news, EVP Sean Edward Quinn sold 5,009 shares of Cimpress stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $104.22, for a total transaction of $522,037.98. Following the sale, the executive vice president owned 28,937 shares of the company’s stock, valued at approximately $3,015,814.14. This trade represents a 14.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maarten Wensveen sold 19,251 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $92.96, for a total value of $1,789,572.96. Following the completion of the transaction, the executive vice president owned 19,674 shares of the company’s stock, valued at $1,828,895.04. The trade was a 49.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 47,240 shares of company stock valued at $4,715,549. 10.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE boosted its position in Cimpress by 2.6% in the first quarter. Bank of America Corp DE now owns 222,907 shares of the business services provider’s stock valued at $16,272,000 after buying an additional 5,597 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Cimpress by 2.6% in the 1st quarter. Janus Henderson Group PLC now owns 3,713,187 shares of the business services provider’s stock worth $271,063,000 after acquiring an additional 92,764 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Cimpress by 27.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 817 shares of the business services provider’s stock worth $60,000 after acquiring an additional 177 shares during the last quarter. California State Teachers Retirement System increased its holdings in Cimpress by 18.4% during the 1st quarter. California State Teachers Retirement System now owns 17,049 shares of the business services provider’s stock valued at $1,245,000 after purchasing an additional 2,648 shares in the last quarter. Finally, Rubric Capital Management LP boosted its stake in Cimpress by 6.8% in the first quarter. Rubric Capital Management LP now owns 1,629,419 shares of the business services provider’s stock worth $118,948,000 after purchasing an additional 104,419 shares in the last quarter. 77.64% of the stock is owned by institutional investors.

Cimpress Company Profile

(Get Free Report)

Cimpress NV is a global leader in mass customization and web-to-print services, offering businesses and consumers an online platform to design, order and personalize printed marketing materials and promotional products. As the parent company of Vistaprint and a portfolio of regional print service providers, Cimpress leverages proprietary technology to connect millions of small- and medium-sized customers with a network of manufacturing facilities around the world. Its product range spans business cards, brochures, signage, labels, apparel, packaging and a variety of bespoke merchandise.

The company traces its roots to Vistaprint, founded in 1995 by Robert W.

See Also

Analyst Recommendations for Cimpress (NASDAQ:CMPR)

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