CafePress Price Target Lowered to $5.50 at Jefferies Group (PRSS)
Equities researchers at Jefferies Group dropped their target price on shares of CafePress (NASDAQ:PRSS) from $6.50 to $5.50 in a research report issued on Monday, AnalystRatingsNetwork reports. Jefferies Group’s price target would indicate a potential upside of 4.56% from the stock’s previous close.
Shares of CafePress (NASDAQ:PRSS) opened at 5.26 on Monday. CafePress has a 52 week low of $4.98 and a 52 week high of $7.47. The stock has a 50-day moving average of $6.37 and a 200-day moving average of $6.15. The company’s market cap is $90.3 million.
CafePress (NASDAQ:PRSS) last announced its earnings results on Wednesday, February 19th. The company reported $0.18 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.27 by $0.09. The company had revenue of $90.50 million for the quarter, compared to the consensus estimate of $92.52 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis. On average, analysts predict that CafePress will post $0.33 earnings per share for the current fiscal year.
Separately, analysts at Cantor Fitzgerald downgraded shares of CafePress from a “buy” rating to a “hold” rating in a research note on Friday. They now have a $6.00 price target on the stock, down previously from $9.00. One research analyst has rated the stock with a sell rating and three have issued a hold rating to the stock. The company has an average rating of “Hold” and a consensus target price of $6.44.
CafePress Inc (NASDAQ:PRSS) is an e-commerce platform enabling customers to create, buy and sell a range of customized and personalized products.
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