Cimpress (NASDAQ:CMPR) Upgraded at BidaskClub

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BidaskClub upgraded shares of Cimpress (NASDAQ:CMPR) from a buy rating to a strong-buy rating in a report released on Saturday morning, BidAskClub reports.

CMPR has been the topic of several other reports. SunTrust Banks reiterated a sell rating and set a $84.00 price target on shares of Cimpress in a research note on Tuesday, July 30th. ValuEngine upgraded shares of Cimpress from a hold rating to a buy rating in a research note on Thursday, August 1st. Barrington Research reiterated a buy rating and set a $100.00 price target on shares of Cimpress in a research note on Friday, May 17th. Finally, Aegis reiterated a hold rating and set a $80.00 price target on shares of Cimpress in a research note on Wednesday, June 5th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Hold and an average target price of $88.00.

Shares of CMPR opened at $102.47 on Friday. The firm has a fifty day moving average price of $94.46. Cimpress has a twelve month low of $73.74 and a twelve month high of $149.05. The company has a debt-to-equity ratio of 8.71, a current ratio of 0.53 and a quick ratio of 0.40. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of 32.97, a price-to-earnings-growth ratio of 1.73 and a beta of 0.10.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings results on Wednesday, July 31st. The business services provider reported $1.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.74. Cimpress had a net margin of 3.46% and a return on equity of 89.31%. The firm had revenue of $674.71 million for the quarter, compared to analyst estimates of $657.51 million. During the same period last year, the business earned ($0.24) EPS. Cimpress’s revenue for the quarter was up 6.9% compared to the same quarter last year. Equities research analysts expect that Cimpress will post 2.77 EPS for the current year.

In related news, EVP Donald Leblanc sold 5,621 shares of Cimpress stock in a transaction on Friday, May 17th. The shares were sold at an average price of $88.08, for a total transaction of $495,097.68. Following the sale, the executive vice president now directly owns 28,651 shares in the company, valued at approximately $2,523,580.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 18.40% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Amundi Pioneer Asset Management Inc. acquired a new position in Cimpress in the fourth quarter valued at $145,000. Eqis Capital Management Inc. increased its stake in Cimpress by 24.9% in the first quarter. Eqis Capital Management Inc. now owns 2,533 shares of the business services provider’s stock valued at $203,000 after purchasing an additional 505 shares during the period. Huber Financial Advisors LLC acquired a new position in Cimpress in the first quarter valued at $238,000. NumerixS Investment Technologies Inc increased its stake in Cimpress by 350.0% in the first quarter. NumerixS Investment Technologies Inc now owns 3,600 shares of the business services provider’s stock valued at $286,000 after purchasing an additional 2,800 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Cimpress in the second quarter valued at $325,000. Institutional investors own 86.70% of the company’s stock.

Cimpress Company Profile

Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.

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