Brokerages expect that Cimpress (NASDAQ:CMPR) will post earnings of $0.70 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Cimpress’ earnings. Cimpress reported earnings per share of $0.20 during the same quarter last year, which suggests a positive year over year growth rate of 250%. The company is scheduled to announce its next quarterly earnings report on Wednesday, July 25th.
According to Zacks, analysts expect that Cimpress will report full year earnings of $2.31 per share for the current financial year. For the next year, analysts anticipate that the business will post earnings of $5.31 per share. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Cimpress.
Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, May 2nd. The business services provider reported ($0.07) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.24). Cimpress had a return on equity of 28.27% and a net margin of 0.65%. The company had revenue of $636.07 million for the quarter, compared to analysts’ expectations of $615.66 million. During the same quarter in the previous year, the business earned ($1.38) EPS. The company’s revenue for the quarter was up 15.5% on a year-over-year basis.
Several research firms recently commented on CMPR. Barrington Research set a $165.00 price objective on shares of Cimpress and gave the stock a “buy” rating in a report on Thursday. ValuEngine raised shares of Cimpress from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd. SunTrust Banks reaffirmed a “hold” rating and issued a $144.00 price objective on shares of Cimpress in a report on Tuesday, May 8th. Aegis reaffirmed a “sell” rating and issued a $114.00 price objective on shares of Cimpress in a report on Tuesday, May 8th. Finally, BidaskClub downgraded shares of Cimpress from a “buy” rating to a “hold” rating in a report on Friday, May 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. Cimpress currently has a consensus rating of “Hold” and an average price target of $140.00.
In related news, CFO Sean Edward Quinn sold 766 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $163.99, for a total value of $125,616.34. Following the completion of the transaction, the chief financial officer now directly owns 566 shares of the company’s stock, valued at approximately $92,818.34. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Katryn Blake sold 9,297 shares of the firm’s stock in a transaction that occurred on Monday, May 7th. The stock was sold at an average price of $140.61, for a total transaction of $1,307,251.17. Following the completion of the transaction, the insider now directly owns 15,776 shares of the company’s stock, valued at $2,218,263.36. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,711 shares of company stock valued at $2,081,728. 18.80% of the stock is owned by insiders.
Large investors have recently made changes to their positions in the business. Koch Industries Inc. bought a new position in Cimpress in the 4th quarter valued at $560,000. Deutsche Bank AG boosted its holdings in Cimpress by 127.7% in the 4th quarter. Deutsche Bank AG now owns 59,895 shares of the business services provider’s stock valued at $7,177,000 after purchasing an additional 33,594 shares during the period. California Public Employees Retirement System boosted its holdings in Cimpress by 3.6% in the 4th quarter. California Public Employees Retirement System now owns 69,430 shares of the business services provider’s stock valued at $8,323,000 after purchasing an additional 2,440 shares during the period. BlackRock Inc. boosted its holdings in Cimpress by 1.1% in the 4th quarter. BlackRock Inc. now owns 1,147,995 shares of the business services provider’s stock valued at $137,622,000 after purchasing an additional 12,754 shares during the period. Finally, Swiss National Bank boosted its holdings in Cimpress by 2.0% in the 4th quarter. Swiss National Bank now owns 39,900 shares of the business services provider’s stock valued at $4,783,000 after purchasing an additional 800 shares during the period. 91.17% of the stock is owned by hedge funds and other institutional investors.
Shares of CMPR stock traded down $0.15 during trading hours on Friday, hitting $135.52. 125,600 shares of the company were exchanged, compared to its average volume of 259,512. The company has a quick ratio of 0.40, a current ratio of 0.54 and a debt-to-equity ratio of 9.51. Cimpress has a 52-week low of $80.61 and a 52-week high of $171.76. The firm has a market cap of $4.14 billion, a P/E ratio of -101.13, a PEG ratio of 5.14 and a beta of -0.12.
Cimpress Company Profile
Cimpress N.V. operates as a technology based company in North America, Europe, Australia, New Zealand, South America, the Asia Pacific, and internationally. It aggregates individually customized orders for a range of print, signage, apparel, and related products primarily through the Internet. The company operates through four segments: Vistaprint, Upload and Print, National Pen, and All Other Businesses.
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