Cimpress (NASDAQ:CMPR) Stock Rating Reaffirmed by Barrington Research

Cimpress (NASDAQ:CMPR)‘s stock had its “outperform” rating reiterated by equities research analysts at Barrington Research in a research report issued on Tuesday, Benzinga reports. They currently have a $113.00 price target on the business services provider’s stock. Barrington Research’s target price indicates a potential upside of 33.21% from the stock’s current price.

A number of other analysts have also weighed in on the company. StockNews.com lowered Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Monday. Truist Financial raised their target price on Cimpress from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, February 2nd.

Cimpress Price Performance

Shares of CMPR stock opened at $84.83 on Tuesday. The stock has a market cap of $2.16 billion, a P/E ratio of 26.18, a price-to-earnings-growth ratio of 1.13 and a beta of 1.94. Cimpress has a one year low of $42.84 and a one year high of $100.01. The stock has a fifty day moving average price of $90.38 and a 200 day moving average price of $80.94.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings data on Wednesday, May 1st. The business services provider reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.29). The company had revenue of $780.59 million for the quarter, compared to the consensus estimate of $782.65 million. Cimpress had a net margin of 2.69% and a negative return on equity of 14.44%. During the same period in the previous year, the business posted ($0.97) earnings per share. Equities research analysts anticipate that Cimpress will post 3.07 EPS for the current year.

Insiders Place Their Bets

In other Cimpress news, CEO Florian Baumgartner sold 3,410 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $84.83, for a total transaction of $289,270.30. Following the transaction, the chief executive officer now owns 29,804 shares in the company, valued at $2,528,273.32. The sale was disclosed in a document filed with the SEC, which is available through this link. In other Cimpress news, CEO Florian Baumgartner sold 3,410 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $84.83, for a total transaction of $289,270.30. Following the transaction, the chief executive officer now owns 29,804 shares in the company, valued at $2,528,273.32. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Maarten Wensveen sold 1,651 shares of the firm’s stock in a transaction dated 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. Over the last quarter, insiders have sold 25,292 shares of company stock worth $2,319,309. Insiders own 17.90% of the company’s stock.

Hedge Funds Weigh In On Cimpress

Institutional investors have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. bought a new stake in Cimpress in the 3rd quarter valued at approximately $257,000. Allspring Global Investments Holdings LLC lifted its stake in Cimpress by 26.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 103,392 shares of the business services provider’s stock valued at $7,238,000 after acquiring an additional 21,693 shares in the last quarter. Ingalls & Snyder LLC lifted its stake in Cimpress by 0.6% in the 3rd quarter. Ingalls & Snyder LLC now owns 93,797 shares of the business services provider’s stock valued at $6,567,000 after acquiring an additional 557 shares in the last quarter. Capula Management Ltd acquired a new position in shares of Cimpress during the 3rd quarter worth approximately $1,081,000. Finally, Swiss National Bank increased its position in shares of Cimpress by 1.1% during the 3rd quarter. Swiss National Bank now owns 37,600 shares of the business services provider’s stock worth $2,632,000 after purchasing an additional 400 shares during the last quarter. Institutional investors own 77.64% of the company’s stock.

Cimpress Company Profile

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.