Cimpress N.V (CMPR) Receives Hold Rating from SunTrust Banks, Inc.
Cimpress N.V (NASDAQ:CMPR)‘s stock had its “hold” rating reissued by equities research analysts at SunTrust Banks, Inc. in a research note issued to investors on Friday. They presently have a $113.00 target price on the business services provider’s stock. SunTrust Banks, Inc.’s price target would suggest a potential downside of 5.14% from the stock’s previous close. SunTrust Banks also issued estimates for Cimpress N.V’s Q2 2018 earnings at $0.90 EPS, Q3 2018 earnings at $0.15 EPS, Q4 2018 earnings at $0.14 EPS, FY2019 earnings at $3.37 EPS, FY2020 earnings at $5.11 EPS, FY2021 earnings at $7.02 EPS and FY2022 earnings at $9.06 EPS.
Several other equities research analysts also recently issued reports on the stock. Zacks Investment Research upgraded shares of Cimpress N.V from a “hold” rating to a “strong-buy” rating and set a $125.00 price objective on the stock in a research note on Tuesday. Barrington Research raised Cimpress N.V from a “market perform” rating to an “outperform” rating and set a $110.00 target price for the company in a research report on Monday, September 18th. Finally, ValuEngine raised Cimpress N.V from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $100.83.
Shares of Cimpress N.V (CMPR) opened at $119.12 on Friday. Cimpress N.V has a 52 week low of $78.80 and a 52 week high of $121.06. The company has a quick ratio of 0.44, a current ratio of 0.55 and a debt-to-equity ratio of 12.69.
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In other Cimpress N.V news, CFO Sean Edward Quinn sold 1,659 shares of Cimpress N.V stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $100.00, for a total transaction of $165,900.00. Following the completion of the transaction, the chief financial officer now directly owns 1,526 shares of the company’s stock, valued at $152,600. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark Thomas sold 15,025 shares of Cimpress N.V stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $120.00, for a total value of $1,803,000.00. Following the transaction, the director now directly owns 29,377 shares of the company’s stock, valued at $3,525,240. The disclosure for this sale can be found here. Over the last three months, insiders have sold 41,026 shares of company stock valued at $4,413,755. Company insiders own 11.80% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of CMPR. UBS Asset Management Americas Inc. lifted its holdings in shares of Cimpress N.V by 38.9% during the first quarter. UBS Asset Management Americas Inc. now owns 11,920 shares of the business services provider’s stock valued at $1,027,000 after acquiring an additional 3,337 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Cimpress N.V by 1.3% during the first quarter. Principal Financial Group Inc. now owns 3,588 shares of the business services provider’s stock valued at $309,000 after acquiring an additional 46 shares during the period. Teachers Advisors LLC lifted its holdings in shares of Cimpress N.V by 2.6% during the first quarter. Teachers Advisors LLC now owns 49,905 shares of the business services provider’s stock valued at $4,301,000 after acquiring an additional 1,250 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Cimpress N.V by 3.1% during the first quarter. Vanguard Group Inc. now owns 1,575,872 shares of the business services provider’s stock valued at $135,824,000 after acquiring an additional 47,128 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Cimpress N.V by 15.6% during the first quarter. Geode Capital Management LLC now owns 58,449 shares of the business services provider’s stock valued at $5,037,000 after acquiring an additional 7,873 shares during the period. 89.15% of the stock is owned by institutional investors.
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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