Cimpress NV (CMPR) Expected to Post Quarterly Sales of $859.35 Million

Equities analysts expect Cimpress NV (NASDAQ:CMPR) to post sales of $859.35 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Cimpress’ earnings. The highest sales estimate is $871.60 million and the lowest is $847.10 million. Cimpress reported sales of $762.05 million during the same quarter last year, which indicates a positive year-over-year growth rate of 12.8%. The company is expected to announce its next quarterly earnings results on Wednesday, January 30th.

On average, analysts expect that Cimpress will report full-year sales of $2.89 billion for the current financial year, with estimates ranging from $2.84 billion to $2.93 billion. For the next financial year, analysts anticipate that the firm will report sales of $3.17 billion, with estimates ranging from $3.13 billion to $3.20 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that follow Cimpress.

Cimpress (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, October 31st. The business services provider reported ($0.47) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.25). The business had revenue of $588.98 million during the quarter, compared to analysts’ expectations of $615.35 million. Cimpress had a return on equity of 19.98% and a net margin of 0.22%. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS.

Several analysts have weighed in on the company. ValuEngine raised Cimpress from a “hold” rating to a “buy” rating in a report on Friday, August 3rd. Zacks Investment Research lowered Cimpress from a “hold” rating to a “strong sell” rating in a report on Monday, August 6th. BidaskClub lowered Cimpress from a “buy” rating to a “hold” rating in a report on Tuesday, July 31st. Barrington Research set a $165.00 target price on Cimpress and gave the company a “buy” rating in a report on Wednesday, September 26th. Finally, SunTrust Banks reissued a “hold” rating and issued a $155.00 target price on shares of Cimpress in a report on Thursday, August 2nd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $135.25.

Cimpress stock traded up $0.15 during trading hours on Friday, hitting $114.16. The stock had a trading volume of 55,802 shares, compared to its average volume of 205,337. The company has a debt-to-equity ratio of 11.31, a quick ratio of 0.39 and a current ratio of 0.55. The firm has a market capitalization of $3.52 billion, a price-to-earnings ratio of 134.31, a price-to-earnings-growth ratio of 1.65 and a beta of 0.04. Cimpress has a 1-year low of $109.00 and a 1-year high of $171.76.

In related news, EVP Cornelis David Arends acquired 400 shares of the firm’s stock in a transaction that occurred on Wednesday, November 21st. The shares were acquired at an average price of $114.41 per share, with a total value of $45,764.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John J. Gavin, Jr. sold 9,548 shares of the stock in a transaction on Friday, November 2nd. The shares were sold at an average price of $113.61, for a total value of $1,084,748.28. Following the sale, the director now directly owns 9,548 shares in the company, valued at approximately $1,084,748.28. The disclosure for this sale can be found here. Insiders acquired 600 shares of company stock worth $68,614 in the last three months. 18.40% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC boosted its stake in shares of Cimpress by 320.9% during the third quarter. Tower Research Capital LLC TRC now owns 888 shares of the business services provider’s stock valued at $122,000 after acquiring an additional 677 shares during the last quarter. Stone Ridge Asset Management LLC acquired a new stake in shares of Cimpress during the third quarter valued at $227,000. Capital Fund Management S.A. acquired a new stake in shares of Cimpress during the third quarter valued at $260,000. UBS Group AG boosted its stake in shares of Cimpress by 102.9% during the first quarter. UBS Group AG now owns 2,719 shares of the business services provider’s stock valued at $421,000 after acquiring an additional 95,255 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Cimpress during the third quarter valued at $376,000. 86.34% of the stock is currently owned by institutional investors and hedge funds.

About Cimpress

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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