Cimpress plc (NASDAQ:CMPR – Free Report) – Zacks Research raised their FY2027 earnings estimates for Cimpress in a report released on Tuesday, June 9th. Zacks Research analyst Team now expects that the business services provider will earn $4.18 per share for the year, up from their previous estimate of $4.15. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Cimpress’ current full-year earnings is $3.81 per share. Zacks Research also issued estimates for Cimpress’ Q4 2027 earnings at $1.73 EPS.
Several other brokerages also recently commented on CMPR. Barrington Research upped their price objective on shares of Cimpress from $95.00 to $113.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Truist Financial set a $110.00 price objective on shares of Cimpress in a research note on Friday, May 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cimpress in a research note on Wednesday, April 29th. Finally, Wall Street Zen downgraded shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Cimpress currently has an average rating of “Buy” and an average price target of $111.50.
Cimpress Trading Down 0.8%
Shares of NASDAQ:CMPR opened at $92.57 on Wednesday. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 52.01 and a beta of 1.80. The company has a 50-day moving average price of $87.76 and a 200-day moving average price of $78.17. Cimpress has a 12 month low of $42.05 and a 12 month high of $106.13.
Cimpress (NASDAQ:CMPR – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The business services provider reported $0.55 EPS for the quarter, beating the consensus estimate of $0.15 by $0.40. The firm had revenue of $886.21 million during the quarter, compared to the consensus estimate of $858.80 million. Cimpress had a net margin of 1.24% and a negative return on equity of 8.25%.
Institutional Investors Weigh In On Cimpress
Institutional investors have recently made changes to their positions in the company. KBC Group NV purchased a new stake in shares of Cimpress during the first quarter valued at approximately $30,000. Allworth Financial LP grew its holdings in shares of Cimpress by 250.0% during the third quarter. Allworth Financial LP now owns 518 shares of the business services provider’s stock valued at $33,000 after buying an additional 370 shares during the last quarter. Headlands Technologies LLC grew its holdings in shares of Cimpress by 32.3% during the second quarter. Headlands Technologies LLC now owns 986 shares of the business services provider’s stock valued at $46,000 after buying an additional 241 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Cimpress during the second quarter valued at approximately $51,000. Finally, Quarry LP purchased a new stake in Cimpress in the third quarter worth approximately $55,000. Hedge funds and other institutional investors own 77.64% of the company’s stock.
Insider Buying and Selling
In other news, EVP Maarten Wensveen sold 19,251 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $92.96, for a total transaction of $1,789,572.96. Following the sale, the executive vice president owned 19,674 shares in the company, valued at $1,828,895.04. This represents a 49.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Sean Edward Quinn sold 5,009 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were 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 in the company, valued at approximately $3,015,814.14. The trade was a 14.76% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 47,240 shares of company stock worth $4,715,549. Corporate insiders own 10.20% of the company’s stock.
About Cimpress
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.
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