Wall Street brokerages expect that Cimpress NV (NASDAQ:CMPR) will announce $691.96 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Cimpress’ earnings, with the highest sales estimate coming in at $692.91 million and the lowest estimate coming in at $691.00 million. Cimpress posted sales of $576.85 million in the same quarter last year, which suggests a positive year over year growth rate of 20%. The firm is scheduled to announce its next earnings report on Wednesday, January 24th.

On average, analysts expect that Cimpress will report full year sales of $691.96 million for the current financial year, with estimates ranging from $2.45 billion to $2.47 billion. For the next fiscal year, analysts expect that the firm will report sales of $2.72 billion per share, with estimates ranging from $2.68 billion to $2.76 billion. Zacks’ sales averages are an average based on a survey of analysts that that provide coverage for Cimpress.

A number of research firms recently commented on CMPR. Barrington Research upgraded shares of Cimpress from a “market perform” rating to an “outperform” rating and set a $110.00 target price on the stock in a report on Monday, September 18th. Zacks Investment Research raised shares of Cimpress from a “hold” rating to a “buy” rating and set a $121.00 price target on the stock in a report on Tuesday, October 24th. ValuEngine raised shares of Cimpress from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $113.00 target price on shares of Cimpress in a report on Friday, November 3rd. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $109.40.

Shares of Cimpress (CMPR) opened at $121.80 on Friday. Cimpress has a 52-week low of $78.80 and a 52-week high of $123.76. The company has a current ratio of 0.52, a quick ratio of 0.39 and a debt-to-equity ratio of 10.73.

In related news, insider Katryn Blake sold 1,501 shares of the firm’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $95.00, for a total transaction of $142,595.00. Following the transaction, the insider now directly owns 10,810 shares of the company’s stock, valued at approximately $1,026,950. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mark Thomas sold 15,025 shares of the firm’s stock in a transaction dated 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 in the company, valued at $3,525,240. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,553 shares of company stock worth $4,609,185. Insiders own 11.80% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Amussen Hunsaker & Associates LLC purchased a new position in Cimpress during the second quarter valued at $6,458,000. Schwab Charles Investment Management Inc. lifted its position in shares of Cimpress by 11.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 75,564 shares of the business services provider’s stock worth $7,144,000 after buying an additional 7,973 shares in the last quarter. Teachers Advisors LLC lifted its position in shares of Cimpress by 2.2% in the second quarter. Teachers Advisors LLC now owns 51,022 shares of the business services provider’s stock worth $4,823,000 after buying an additional 1,117 shares in the last quarter. UBS Asset Management Americas Inc. lifted its position in shares of Cimpress by 14.8% in the second quarter. UBS Asset Management Americas Inc. now owns 13,686 shares of the business services provider’s stock worth $1,294,000 after buying an additional 1,766 shares in the last quarter. Finally, Great Lakes Advisors LLC purchased a new stake in shares of Cimpress in the second quarter worth about $1,815,000.

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About Cimpress

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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Earnings History and Estimates for Cimpress (NASDAQ:CMPR)

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