Cimpress plc (NASDAQ:CMPR) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Cimpress plc (NASDAQ:CMPR) have received a consensus recommendation of “Moderate Buy” from the five analysts that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $111.50.

Several equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cimpress in a report on Wednesday, April 29th. Zacks Research lowered shares of Cimpress from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Barrington Research boosted their target price on shares of Cimpress from $95.00 to $113.00 and gave the stock an “outperform” rating in a research note on Wednesday. Truist Financial set a $110.00 price target on Cimpress in a research note on Friday, May 1st. Finally, Wall Street Zen upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 1st.

Cimpress Stock Down 0.3%

Shares of CMPR stock opened at $91.67 on Friday. The business has a fifty day simple moving average of $76.20 and a 200 day simple moving average of $73.24. The company has a market cap of $2.22 billion, a P/E ratio of 51.50 and a beta of 1.79. Cimpress has a twelve month low of $41.88 and a twelve month high of $96.00.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, April 29th. The business services provider reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.40. The firm had revenue of $886.21 million for 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%. As a group, equities research analysts anticipate that Cimpress will post 3.62 earnings per share for the current fiscal year.

Insider Activity at Cimpress

In other news, EVP Maarten Wensveen sold 19,251 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president owned 19,674 shares of the company’s stock, valued at $1,828,895.04. This represents a 49.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 10.20% of the company’s stock.

Institutional Investors Weigh In On Cimpress

A number of institutional investors have recently added to or reduced their stakes in the business. KBC Group NV acquired a new position in shares of Cimpress during the first quarter worth $30,000. First Horizon Corp acquired a new stake in Cimpress in the third quarter valued at $27,000. Allworth Financial LP raised its position in Cimpress by 250.0% during the 3rd quarter. Allworth Financial LP now owns 518 shares of the business services provider’s stock worth $33,000 after purchasing an additional 370 shares during the last quarter. Quarry LP acquired a new position in Cimpress during the 3rd quarter worth about $55,000. Finally, Headlands Technologies LLC grew its position in shares of Cimpress by 32.3% in the 2nd quarter. Headlands Technologies LLC now owns 986 shares of the business services provider’s stock valued at $46,000 after buying an additional 241 shares during the last quarter. 77.64% of the stock is owned by institutional investors.

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.