Wall Street analysts expect Cimpress NV (NASDAQ:CMPR) to announce sales of $612.33 million for the current quarter, according to Zacks. Two analysts have made estimates for Cimpress’ earnings. The highest sales estimate is $623.86 million and the lowest is $600.80 million. Cimpress reported sales of $550.59 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 11.2%. The business is expected to announce its next quarterly earnings report on Wednesday, April 25th.
On average, analysts expect that Cimpress will report full-year sales of $612.33 million for the current fiscal year, with estimates ranging from $2.54 billion to $2.59 billion. For the next fiscal year, analysts forecast that the company will report sales of $2.84 billion per share, with estimates ranging from $2.78 billion to $2.90 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Cimpress.
Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, January 31st. The business services provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.10. The company had revenue of $762.10 million during the quarter, compared to analyst estimates of $692.34 million. Cimpress had a negative net margin of 1.00% and a negative return on equity of 15.72%. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.07 EPS.
In related news, CFO Sean Edward Quinn sold 766 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $163.99, for a total transaction of $125,616.34. Following the completion of the sale, the chief financial officer now directly owns 566 shares of the company’s stock, valued at $92,818.34. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Robert S. Keane sold 40,100 shares of the stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $118.19, for a total transaction of $4,739,419.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 116,023 shares of company stock valued at $14,801,586. Company insiders own 11.80% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in CMPR. State Street Corp lifted its stake in Cimpress by 6.4% during the second quarter. State Street Corp now owns 483,211 shares of the business services provider’s stock valued at $45,677,000 after purchasing an additional 28,973 shares during the last quarter. Ameritas Investment Partners Inc. raised its holdings in shares of Cimpress by 20.9% during the second quarter. Ameritas Investment Partners Inc. now owns 2,620 shares of the business services provider’s stock valued at $247,000 after acquiring an additional 453 shares during the period. First Trust Advisors LP acquired a new stake in shares of Cimpress during the third quarter valued at approximately $2,353,000. Penserra Capital Management LLC raised its holdings in shares of Cimpress by 55.5% during the third quarter. Penserra Capital Management LLC now owns 15,807 shares of the business services provider’s stock valued at $1,543,000 after acquiring an additional 5,640 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Cimpress during the third quarter valued at approximately $119,000.
Shares of Cimpress (CMPR) traded down $0.97 during trading hours on Friday, hitting $161.78. 365,433 shares of the stock were exchanged, compared to its average volume of 360,467. The firm has a market cap of $5,050.00, a price-to-earnings ratio of -231.11, a P/E/G ratio of 5.34 and a beta of 0.11. Cimpress has a 12 month low of $78.80 and a 12 month high of $169.63. The company has a current ratio of 0.44, a quick ratio of 0.33 and a debt-to-equity ratio of 6.43.
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Cimpress Company Profile
Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.
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