Zacks: Analysts Expect Cimpress NV (CMPR) Will Announce Quarterly Sales of $691.96 Million

Analysts forecast 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 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 during the same quarter last year, which would indicate a positive year over year growth rate of 20%. The business is scheduled to issue 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 fiscal year, with estimates ranging from $2.45 billion to $2.47 billion. For the next year, analysts forecast that the company will post 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 analysts that cover Cimpress.

Cimpress (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, November 1st. The business services provider reported ($0.24) EPS for the quarter, beating the consensus estimate of ($0.34) by $0.10. The business had revenue of $563.28 million for the quarter, compared to the consensus estimate of $529.34 million. Cimpress had a negative net margin of 0.85% and a negative return on equity of 10.71%.

A number of brokerages recently issued reports on CMPR. Zacks Investment Research raised shares of Cimpress from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 16th. BidaskClub raised shares of Cimpress from a “hold” rating to a “buy” rating in a report on Thursday, January 4th. ValuEngine downgraded shares of Cimpress from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Barrington Research reissued a “buy” rating and set a $125.00 price target (up from $110.00) on shares of Cimpress in a report on Tuesday, November 14th. Finally, SunTrust Banks reissued a “hold” rating and set a $113.00 price target on shares of Cimpress in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $109.40.

In other Cimpress news, EVP Donald Leblanc sold 2,000 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $119.00, for a total transaction of $238,000.00. Following the completion of the transaction, the executive vice president now directly owns 23,984 shares in the company, valued at $2,854,096. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Katryn Blake sold 30,000 shares of the company’s stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $118.55, for a total transaction of $3,556,500.00. Following the transaction, the insider now owns 39,814 shares of the company’s stock, valued at $4,719,949.70. The disclosure for this sale can be found here. Insiders have sold 95,645 shares of company stock worth $11,353,735 over the last three months. 11.80% of the stock is currently owned by insiders.

Large investors have recently bought and sold shares of the business. Schwab Charles Investment Management Inc. raised 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 valued at $7,144,000 after buying an additional 7,973 shares during the last quarter. Legal & General Group Plc raised its position in shares of Cimpress by 11.3% in the second quarter. Legal & General Group Plc now owns 9,848 shares of the business services provider’s stock valued at $925,000 after buying an additional 999 shares during the last quarter. AXA grew its holdings in shares of Cimpress by 0.5% in the second quarter. AXA now owns 9,786 shares of the business services provider’s stock valued at $925,000 after purchasing an additional 45 shares during the period. Teachers Advisors LLC grew its holdings 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 valued at $4,823,000 after purchasing an additional 1,117 shares during the period. Finally, Laurion Capital Management LP purchased a new stake in shares of Cimpress in the second quarter valued at about $340,000.

Cimpress (NASDAQ:CMPR) traded up $5.27 during mid-day trading on Monday, hitting $132.76. 236,200 shares of the stock traded hands, compared to its average volume of 255,315. The stock has a market cap of $4,190.00, a P/E ratio of -189.66, a P/E/G ratio of 5.95 and a beta of 0.13. The company has a debt-to-equity ratio of 10.73, a current ratio of 0.52 and a quick ratio of 0.39. Cimpress has a fifty-two week low of $78.80 and a fifty-two week high of $132.90.

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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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Earnings History and Estimates for Cimpress (NASDAQ:CMPR)

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