Wall Street brokerages predict that Cimpress NV (NASDAQ:CMPR) will post $691.96 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Cimpress’ earnings, with the lowest sales estimate coming in at $691.00 million and the highest estimate coming in at $692.91 million. Cimpress posted sales of $576.85 million in the same quarter last year, which would indicate a positive year over year growth rate of 20%. The business is expected to announce its next quarterly earnings report after the market closes on Wednesday, January 31st.
According to Zacks, analysts expect that Cimpress will report full year sales of $691.96 million for the current year, with estimates ranging from $2.45 billion to $2.47 billion. For the next fiscal year, analysts expect that the company will report sales of $2.72 billion per share, with estimates ranging from $2.68 billion to $2.76 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow Cimpress.
CMPR has been the topic of several research analyst reports. Zacks Investment Research raised shares of Cimpress from a “hold” rating to a “strong-buy” rating and set a $125.00 price target on the stock in a report on Tuesday, October 31st. Barrington Research raised shares of Cimpress from a “market perform” rating to an “outperform” rating and set a $110.00 price target on the stock in a report on Monday, September 18th. ValuEngine cut shares of Cimpress from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Finally, BidaskClub cut shares of Cimpress from a “buy” rating to a “hold” rating in a report on Friday, December 22nd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. Cimpress currently has an average rating of “Hold” and a consensus target price of $109.40.
Several institutional investors and hedge funds have recently made changes to their positions in CMPR. Janus Henderson Group PLC bought a new position in shares of Cimpress during the third quarter worth approximately $398,436,000. Arlington Value Capital LLC increased its holdings in shares of Cimpress by 18.4% during the second quarter. Arlington Value Capital LLC now owns 2,093,070 shares of the business services provider’s stock worth $197,857,000 after purchasing an additional 324,977 shares during the period. UBS Oconnor LLC increased its holdings in shares of Cimpress by 46.9% during the second quarter. UBS Oconnor LLC now owns 366,015 shares of the business services provider’s stock worth $34,599,000 after purchasing an additional 116,937 shares during the period. Amussen Hunsaker & Associates LLC bought a new position in shares of Cimpress during the second quarter worth approximately $6,458,000. Finally, Vanguard Group Inc. increased its holdings in shares of Cimpress by 2.0% during the second quarter. Vanguard Group Inc. now owns 1,607,220 shares of the business services provider’s stock worth $151,930,000 after purchasing an additional 31,348 shares during the period.
Cimpress (NASDAQ:CMPR) traded up $1.37 during trading on Friday, reaching $124.84. 231,400 shares of the company’s stock traded hands, compared to its average volume of 204,200. The company has a market cap of $3,832.66, a PE ratio of -178.34, a P/E/G ratio of 5.53 and a beta of 0.13. The company has a debt-to-equity ratio of 10.73, a quick ratio of 0.39 and a current ratio of 0.52. Cimpress has a 52-week low of $78.80 and a 52-week high of $125.06.
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Cimpress Company Profile
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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