Cimpress (NASDAQ:CMPR) Upgraded at StockNews.com

Cimpress (NASDAQ:CMPR) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

Several other equities research analysts have also recently weighed in on the company. Truist Financial dropped their target price on Cimpress from $110.00 to $87.00 and set a “buy” rating for the company in a report on Friday, January 31st. Barrington Research restated an “outperform” rating and issued a $119.00 target price on shares of Cimpress in a report on Wednesday, January 29th.

Cimpress Price Performance

NASDAQ:CMPR opened at $57.22 on Friday. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 9.47, a PEG ratio of 0.63 and a beta of 2.08. The business has a 50 day moving average of $73.04 and a 200 day moving average of $80.04. Cimpress has a 1-year low of $56.34 and a 1-year high of $104.92.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data on Wednesday, January 29th. The business services provider reported $2.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.52 by ($0.16). Cimpress had a net margin of 4.75% and a negative return on equity of 27.27%. As a group, sell-side analysts anticipate that Cimpress will post 3.94 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Cimpress by 54.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 26,420 shares of the business services provider’s stock valued at $2,164,000 after buying an additional 9,324 shares during the period. Sequoia Financial Advisors LLC purchased a new position in Cimpress during the 3rd quarter valued at $7,582,000. Diamond Hill Capital Management Inc. increased its position in Cimpress by 6.3% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 450,253 shares of the business services provider’s stock valued at $36,885,000 after purchasing an additional 26,727 shares during the period. Hantz Financial Services Inc. raised its holdings in Cimpress by 9.1% in the 4th quarter. Hantz Financial Services Inc. now owns 159,000 shares of the business services provider’s stock worth $11,403,000 after purchasing an additional 13,297 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of Cimpress by 118.8% during the 4th quarter. SG Americas Securities LLC now owns 7,847 shares of the business services provider’s stock valued at $563,000 after purchasing an additional 4,261 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.