-$0.09 EPS Expected for Cimpress N.V (CMPR) This Quarter
Equities research analysts expect that Cimpress N.V (NASDAQ:CMPR) will announce earnings per share of ($0.09) for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Cimpress N.V’s earnings. The highest EPS estimate is ($0.01) and the lowest is ($0.17). Cimpress N.V posted earnings per share of $0.51 in the same quarter last year, which indicates a negative year over year growth rate of 117.6%. The business is scheduled to issue its next earnings results after the market closes on Wednesday, July 26th.
On average, analysts expect that Cimpress N.V will report full-year earnings of ($1.37) per share for the current fiscal year, with EPS estimates ranging from ($1.53) to ($1.24). For the next financial year, analysts forecast that the company will report earnings of $1.92 per share, with EPS estimates ranging from $1.24 to $2.90. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that follow Cimpress N.V.
Several research firms have commented on CMPR. Zacks Investment Research raised shares of Cimpress N.V from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a report on Monday, July 31st. ValuEngine downgraded shares of Cimpress N.V from a “hold” rating to a “sell” rating in a report on Friday, July 28th. BidaskClub downgraded shares of Cimpress N.V from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Cantor Fitzgerald reissued a “hold” rating and set a $88.00 price objective on shares of Cimpress N.V in a report on Thursday, April 27th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $84.00 price objective on shares of Cimpress N.V in a report on Thursday, April 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. Cimpress N.V presently has an average rating of “Hold” and a consensus target price of $87.40.
In related news, insider Katryn Blake sold 723 shares of the stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $90.99, for a total value of $65,785.77. Following the completion of the transaction, the insider now owns 13,531 shares of the company’s stock, valued at approximately $1,231,185.69. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Sean Edward Quinn sold 1,660 shares of the stock in a transaction dated Friday, July 7th. The shares were sold at an average price of $95.00, for a total transaction of $157,700.00. Following the completion of the transaction, the chief financial officer now directly owns 2,422 shares of the company’s stock, valued at approximately $230,090. The disclosure for this sale can be found here. Insiders have sold a total of 6,608 shares of company stock valued at $615,281 in the last three months. Insiders own 11.50% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Strs Ohio increased its position in shares of Cimpress N.V by 57.1% in the second quarter. Strs Ohio now owns 1,100 shares of the business services provider’s stock worth $103,000 after buying an additional 400 shares during the last quarter. Penserra Capital Management LLC increased its position in shares of Cimpress N.V by 76.8% in the first quarter. Penserra Capital Management LLC now owns 1,536 shares of the business services provider’s stock worth $132,000 after buying an additional 667 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new position in shares of Cimpress N.V during the first quarter worth approximately $187,000. Legato Capital Management LLC acquired a new position in shares of Cimpress N.V during the second quarter worth approximately $217,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Cimpress N.V during the first quarter worth approximately $218,000. 98.61% of the stock is owned by hedge funds and other institutional investors.
Cimpress N.V (NASDAQ CMPR) traded down 0.64% during midday trading on Tuesday, reaching $88.91. The company had a trading volume of 57,494 shares. The firm has a 50-day moving average price of $92.65 and a 200-day moving average price of $87.77. The company’s market capitalization is $2.79 billion. Cimpress N.V has a 52 week low of $78.80 and a 52 week high of $104.18.
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About Cimpress N.V
Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.
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