Cimpress (NASDAQ:CMPR) Raised to “Strong-Buy” at Zacks Research

Cimpress (NASDAQ:CMPR) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports. Zacks Research also issued estimates for Cimpress’ Q4 2027 earnings at $1.70 EPS, FY2027 earnings at $4.15 EPS and Q1 2028 earnings at $0.96 EPS.

Other analysts have also recently issued research reports about the company. Truist Financial set a $110.00 price objective on Cimpress in a research report on Friday, May 1st. Barrington Research lifted their price target on Cimpress from $95.00 to $113.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cimpress in a research report on Wednesday, April 29th. Finally, Wall Street Zen raised Cimpress from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 1st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Cimpress has a consensus rating of “Buy” and an average target price of $111.50.

Cimpress Price Performance

Cimpress stock opened at $96.02 on Tuesday. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 53.94 and a beta of 1.80. Cimpress has a 1-year low of $42.05 and a 1-year high of $106.13. The business has a fifty day moving average price of $86.09 and a 200-day moving average price of $77.37.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.40. The firm had revenue of $886.21 million during the quarter, compared to analysts’ expectations of $858.80 million. Cimpress had a negative return on equity of 8.25% and a net margin of 1.24%. On average, equities research analysts anticipate that Cimpress will post 3.81 earnings per share for the current fiscal year.

Insider Transactions at Cimpress

In other Cimpress news, EVP Sean Edward Quinn sold 5,009 shares of Cimpress stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $104.22, for a total transaction of $522,037.98. Following the completion of the sale, the executive vice president owned 28,937 shares of the company’s stock, valued at approximately $3,015,814.14. The trade was a 14.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Maarten Wensveen sold 19,251 shares of Cimpress stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $92.96, for a total value of $1,789,572.96. Following the sale, the executive vice president directly owned 19,674 shares of the company’s stock, valued at approximately $1,828,895.04. This represents a 49.46% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 47,240 shares of company stock valued at $4,715,549. 10.20% of the stock is currently owned by insiders.

Institutional Trading of Cimpress

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Amundi raised its stake in shares of Cimpress by 73.5% during the 1st quarter. Amundi now owns 7,385 shares of the business services provider’s stock valued at $328,000 after buying an additional 3,129 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Cimpress by 2.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,992 shares of the business services provider’s stock valued at $452,000 after buying an additional 282 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Cimpress by 4.2% during the 2nd quarter. Legal & General Group Plc now owns 18,483 shares of the business services provider’s stock valued at $869,000 after buying an additional 751 shares during the last quarter. Prudential Financial Inc. purchased a new position in shares of Cimpress during the 2nd quarter valued at about $211,000. Finally, Hsbc Holdings PLC raised its stake in shares of Cimpress by 15.3% during the 2nd quarter. Hsbc Holdings PLC now owns 11,218 shares of the business services provider’s stock valued at $520,000 after buying an additional 1,492 shares during the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

Cimpress Company Profile

Cimpress NV is a global leader in mass customization and web-to-print services, offering businesses and consumers an online platform to design, order and personalize printed marketing materials and promotional products. As the parent company of Vistaprint and a portfolio of regional print service providers, Cimpress leverages proprietary technology to connect millions of small- and medium-sized customers with a network of manufacturing facilities around the world. Its product range spans business cards, brochures, signage, labels, apparel, packaging and a variety of bespoke merchandise.

The company traces its roots to Vistaprint, founded in 1995 by Robert W.