Cimpress (CMPR) to Release Quarterly Earnings on Wednesday

Cimpress (NASDAQ:CMPR) is scheduled to be announcing its earnings results 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.Persons interested in participating in the company’s earnings conference call can do so using this link.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data on Wednesday, January 31st. The business services provider reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.90. Cimpress had a negative return on equity of 10.76% and a net margin of 1.31%. The business had revenue of $921.36 million for the quarter, compared to analysts’ expectations 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

CMPR opened at $89.08 on Monday. The business has a fifty day moving average price of $91.41 and a 200 day moving average price of $79.92. Cimpress has a 12 month low of $42.84 and a 12 month high of $100.01. The stock has a market capitalization of $2.37 billion, a price-to-earnings ratio of 58.99, a PEG ratio of 1.17 and a beta of 1.97.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, EVP Maarten Wensveen sold 1,651 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $90.00, for a total transaction of $148,590.00. Following the completion of the sale, the executive vice president now owns 10,779 shares in the company, valued at $970,110. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Florian Baumgartner sold 4,432 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $92.24, for a total value of $408,807.68. Following the completion of the sale, the chief executive officer now directly owns 29,804 shares of the company’s stock, valued at approximately $2,749,120.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Maarten Wensveen sold 1,651 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $90.00, for a total value of $148,590.00. Following the transaction, the executive vice president now owns 10,779 shares in the company, valued at approximately $970,110. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,841 shares of company stock worth $2,656,348. 17.90% of the stock is currently owned by insiders.

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.