FY2027 EPS Estimates for Cimpress Reduced by Zacks Research

Cimpress plc (NASDAQ:CMPR) – Equities researchers at Zacks Research dropped their FY2027 EPS estimates for shares of Cimpress in a note issued to investors on Thursday, January 23rd. Zacks Research analyst R. Department now forecasts that the business services provider will earn $5.85 per share for the year, down from their prior forecast of $5.86. The consensus estimate for Cimpress’ current full-year earnings is $4.06 per share.

CMPR has been the subject of a number of other reports. StockNews.com upgraded shares of Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Barrington Research restated an “outperform” rating and set a $119.00 price objective on shares of Cimpress in a research note on Friday, December 20th. Finally, Truist Financial dropped their price target on shares of Cimpress from $120.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, November 1st.

Cimpress Stock Performance

NASDAQ:CMPR opened at $72.18 on Monday. The firm has a market cap of $1.82 billion, a P/E ratio of 12.40, a P/E/G ratio of 0.66 and a beta of 2.09. Cimpress has a fifty-two week low of $58.05 and a fifty-two week high of $104.92. The firm has a 50-day simple moving average of $75.97 and a two-hundred day simple moving average of $81.84.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, October 30th. The business services provider reported ($0.50) earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.80). The business had revenue of $804.97 million during the quarter, compared to analysts’ expectations of $800.51 million. Cimpress had a negative return on equity of 27.15% and a net margin of 4.69%. During the same period in the prior year, the company earned $0.17 earnings per share.

Hedge Funds Weigh In On Cimpress

A number of institutional investors and hedge funds have recently made changes to their positions in CMPR. Janus Henderson Group PLC boosted its holdings in shares of Cimpress by 5.2% in the third quarter. Janus Henderson Group PLC now owns 2,847,327 shares of the business services provider’s stock worth $233,253,000 after buying an additional 140,899 shares during the last quarter. Marshall Wace LLP lifted its holdings in Cimpress by 649.8% during the second quarter. Marshall Wace LLP now owns 107,350 shares of the business services provider’s stock valued at $9,405,000 after purchasing an additional 93,033 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new position in Cimpress during the third quarter valued at approximately $7,582,000. Advantage Alpha Capital Partners LP purchased a new position in Cimpress during the third quarter valued at approximately $2,932,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Cimpress by 42.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 98,322 shares of the business services provider’s stock valued at $8,055,000 after purchasing an additional 29,484 shares in the last quarter. Hedge funds and other 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.