Brokerages expect Cimpress NV (NASDAQ:CMPR) to report $612.33 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Cimpress’ earnings. The highest sales estimate is $623.86 million and the lowest is $600.80 million. Cimpress posted sales of $550.59 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 11.2%. The company is scheduled to announce its next quarterly earnings results on Wednesday, April 25th.
According to Zacks, analysts expect that Cimpress will report full-year sales of $612.33 million for the current fiscal year, with estimates ranging from $2.54 billion to $2.59 billion. For the next fiscal year, analysts forecast that the company will post sales of $2.84 billion per share, with estimates ranging from $2.78 billion to $2.90 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that cover Cimpress.
Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, January 31st. The business services provider reported $0.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.10. The company had revenue of $762.10 million for the quarter, compared to analyst estimates of $692.34 million. Cimpress had a negative return on equity of 15.72% and a negative net margin of 1.00%. The firm’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.07 earnings per share.
Cimpress (NASDAQ CMPR) opened at $158.81 on Tuesday. The firm has a market capitalization of $5,251.15, a P/E ratio of -189.06, a PEG ratio of 5.63 and a beta of -0.15. The company has a debt-to-equity ratio of 6.43, a quick ratio of 0.33 and a current ratio of 0.44. Cimpress has a 52 week low of $78.80 and a 52 week high of $171.76.
In related news, CFO Sean Edward Quinn sold 766 shares of the stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $163.99, for a total transaction of $125,616.34. Following the sale, the chief financial officer now owns 566 shares of the company’s stock, valued at $92,818.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Donald Leblanc sold 1,500 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $157.53, for a total value of $236,295.00. Following the sale, the executive vice president now directly owns 23,047 shares in the company, valued at approximately $3,630,593.91. The disclosure for this sale can be found here. Insiders have sold 109,772 shares of company stock worth $14,050,653 in the last three months. 11.80% of the stock is currently owned by company insiders.
A number of large investors have recently modified their holdings of CMPR. First Trust Advisors LP acquired a new stake in Cimpress during the third quarter worth approximately $2,353,000. SG Americas Securities LLC acquired a new stake in Cimpress during the third quarter worth approximately $119,000. Macquarie Group Ltd. acquired a new stake in Cimpress during the third quarter worth approximately $156,000. American International Group Inc. grew its position in Cimpress by 8.1% during the third quarter. American International Group Inc. now owns 16,751 shares of the business services provider’s stock worth $1,636,000 after buying an additional 1,252 shares in the last quarter. Finally, ETRADE Capital Management LLC acquired a new stake in Cimpress during the third quarter worth approximately $331,000. 98.64% of the stock is currently owned by institutional investors and hedge funds.
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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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