Cimpress N.V (NASDAQ:CMPR) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Cimpress N.V (NASDAQ:CMPR) have been given a consensus rating of “Hold” by the six research firms that are currently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $90.00.

Several equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Cimpress N.V from a “hold” rating to a “strong-buy” rating and set a $109.00 price target on the stock in a research report on Tuesday, July 4th. Cantor Fitzgerald reaffirmed a “hold” rating on shares of Cimpress N.V in a research report on Monday, June 26th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $84.00 price target on shares of Cimpress N.V in a research report on Thursday, April 27th.

In related news, insider Katryn Blake sold 1,916 shares of the firm’s stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $90.00, for a total value of $172,440.00. Following the transaction, the insider now owns 13,331 shares of the company’s stock, valued at approximately $1,199,790. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 11.50% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of CMPR. Penserra Capital Management LLC raised its stake in Cimpress N.V by 76.8% in the first quarter. Penserra Capital Management LLC now owns 1,536 shares of the business services provider’s stock valued at $132,000 after buying an additional 667 shares during the period. Ameritas Investment Partners Inc. purchased a new stake in Cimpress N.V during the first quarter valued at approximately $187,000. Oppenheimer Asset Management Inc. purchased a new stake in Cimpress N.V during the first quarter valued at approximately $218,000. Principal Financial Group Inc. raised its stake in Cimpress N.V by 1.3% in the first quarter. Principal Financial Group Inc. now owns 3,588 shares of the business services provider’s stock valued at $309,000 after buying an additional 46 shares during the period. Finally, Koch Industries Inc. purchased a new stake in Cimpress N.V during the first quarter valued at approximately $345,000. Hedge funds and other institutional investors own 99.43% of the company’s stock.

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Cimpress N.V (NASDAQ:CMPR) remained flat at $95.32 on Monday. The stock had a trading volume of 72,335 shares. The stock’s market cap is $2.97 billion. Cimpress N.V has a 12-month low of $78.80 and a 12-month high of $104.18. The firm has a 50 day moving average price of $89.94 and a 200 day moving average price of $87.88.

Cimpress N.V (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, April 26th. The business services provider reported ($1.38) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.58 by $1.96. The company had revenue of $550.59 million for the quarter, compared to the consensus estimate of $533.58 million. Cimpress N.V had a negative return on equity of 16.12% and a negative net margin of 0.98%. Cimpress N.V’s revenue for the quarter was up 26.0% compared to the same quarter last year. During the same period last year, the company earned ($1.06) EPS. On average, equities analysts forecast that Cimpress N.V will post ($1.34) earnings per share for the current year.

About Cimpress N.V

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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