Cimpress (CMPR) Scheduled to Post Earnings on Wednesday

Cimpress (NASDAQ:CMPR) is set to issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Cimpress has set its FY 2024 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, January 31st. The business services provider reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.90. Cimpress had a net margin of 1.31% and a negative return on equity of 10.76%. The company had revenue of $921.36 million during the quarter, compared to analyst estimates of $901.13 million. On average, analysts expect Cimpress to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Cimpress Price Performance

Shares of NASDAQ:CMPR opened at $89.32 on Tuesday. The firm’s 50 day simple moving average is $91.42 and its two-hundred day simple moving average is $80.07. The company has a market capitalization of $2.38 billion, a P/E ratio of 59.15, a P/E/G ratio of 1.17 and a beta of 1.97. Cimpress has a 1-year low of $42.84 and a 1-year high of $100.01.

Insider Activity at Cimpress

In other Cimpress news, CEO Florian Baumgartner sold 4,433 shares of the stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $97.88, for a total transaction of $433,902.04. Following the completion of the transaction, the chief executive officer now owns 29,360 shares of the company’s stock, valued at approximately $2,873,756.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Cimpress news, CEO Florian Baumgartner sold 4,433 shares of Cimpress stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $97.88, for a total value of $433,902.04. Following the sale, the chief executive officer now owns 29,360 shares of the company’s stock, valued at approximately $2,873,756.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Sean Edward Quinn sold 6,959 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $90.00, for a total value of $626,310.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,841 shares of company stock valued at $2,656,348. Corporate insiders own 17.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on CMPR shares. Barrington Research increased their price target on Cimpress from $100.00 to $113.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Truist Financial lifted their target price on Cimpress from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, February 2nd.

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.