Cimpress (NASDAQ:CMPR) Lowered to “Hold” at BidaskClub

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BidaskClub lowered shares of Cimpress (NASDAQ:CMPR) from a buy rating to a hold rating in a report issued on Wednesday morning, BidAskClub reports.

A number of other equities analysts have also issued reports on CMPR. ValuEngine lowered shares of Cimpress from a buy rating to a hold rating in a research report on Wednesday, October 2nd. TheStreet upgraded shares of Cimpress from a c+ rating to a b- rating in a research report on Friday, October 18th. Barrington Research reaffirmed a hold rating on shares of Cimpress in a research note on Wednesday, November 20th. Finally, SunTrust Banks reiterated a hold rating and issued a $128.00 price objective on shares of Cimpress in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $102.67.

CMPR stock traded up $2.47 on Wednesday, reaching $124.85. The company’s stock had a trading volume of 2,939 shares, compared to its average volume of 214,491. Cimpress has a 52 week low of $73.74 and a 52 week high of $145.09. The company has a debt-to-equity ratio of 8.00, a current ratio of 0.49 and a quick ratio of 0.34. The company has a market capitalization of $3.57 billion, a P/E ratio of 39.07, a price-to-earnings-growth ratio of 1.39 and a beta of 0.05. The firm has a fifty day moving average of $133.41 and a two-hundred day moving average of $113.40.

Cimpress (NASDAQ:CMPR) last released its quarterly earnings results on Wednesday, October 30th. The business services provider reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.24. Cimpress had a return on equity of 173.17% and a net margin of 4.64%. The company had revenue of $634.00 million during the quarter, compared to analysts’ expectations of $629.98 million. During the same quarter in the prior year, the business posted ($0.47) earnings per share. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. As a group, equities analysts expect that Cimpress will post 4.38 EPS for the current fiscal year.

In other news, insider Scott J. Vassalluzzo sold 750,000 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $135.00, for a total transaction of $101,250,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 19.00% of the stock is currently owned by corporate insiders.

Institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC boosted its position in shares of Cimpress by 59.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 414 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 154 shares during the period. Quadrant Capital Group LLC raised its holdings in Cimpress by 80.5% during the 3rd quarter. Quadrant Capital Group LLC now owns 518 shares of the business services provider’s stock worth $67,000 after buying an additional 231 shares during the period. Quantamental Technologies LLC purchased a new stake in Cimpress during the second quarter valued at about $100,000. Royal Bank of Canada lifted its stake in Cimpress by 105.6% during the second quarter. Royal Bank of Canada now owns 1,439 shares of the business services provider’s stock valued at $132,000 after buying an additional 739 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of Cimpress by 18.3% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,858 shares of the business services provider’s stock worth $169,000 after buying an additional 288 shares during the period. 91.28% of the stock is currently owned by institutional investors.

Cimpress Company Profile

Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.

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