Cimpress (NASDAQ:CMPR) Cut to “Buy” at Wall Street Zen

Cimpress (NASDAQ:CMPR) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued on Saturday.

A number of other brokerages have also recently issued reports on CMPR. Barrington Research lifted their target price on Cimpress from $95.00 to $113.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Truist Financial set a $110.00 target price on Cimpress in a report on Friday, May 1st. Zacks Research upgraded Cimpress from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Cimpress in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $111.50.

Cimpress Stock Performance

Shares of CMPR stock opened at $94.55 on Friday. Cimpress has a 1 year low of $42.05 and a 1 year high of $106.13. The stock has a market cap of $2.29 billion, a PE ratio of 53.12 and a beta of 1.80. The business’s fifty day moving average is $86.96 and its 200-day moving average is $77.71.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, April 29th. The business services provider reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.40. Cimpress had a negative return on equity of 8.25% and a net margin of 1.24%.The company had revenue of $886.21 million for the quarter, compared to analysts’ expectations of $858.80 million. Equities research analysts predict that Cimpress will post 3.81 earnings per share for the current year.

Insider Buying and Selling at Cimpress

In other news, EVP Maarten Wensveen sold 19,251 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $92.96, for a total value of $1,789,572.96. Following the completion of the sale, the executive vice president owned 19,674 shares of the company’s stock, valued at $1,828,895.04. This trade represents a 49.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Sean Edward Quinn sold 5,009 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $104.22, for a total value of $522,037.98. Following the completion of the sale, the executive vice president directly owned 28,937 shares of the company’s stock, valued at approximately $3,015,814.14. This trade represents a 14.76% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 47,240 shares of company stock valued at $4,715,549. 10.20% of the stock is currently owned by insiders.

Institutional Trading of Cimpress

A number of institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in Cimpress by 27.7% during the first quarter. EverSource Wealth Advisors LLC now owns 817 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 177 shares during the last quarter. Quantinno Capital Management LP boosted its position in Cimpress by 2.7% during the first quarter. Quantinno Capital Management LP now owns 7,162 shares of the business services provider’s stock valued at $523,000 after purchasing an additional 189 shares during the last quarter. Ieq Capital LLC boosted its position in Cimpress by 0.4% during the fourth quarter. Ieq Capital LLC now owns 58,058 shares of the business services provider’s stock valued at $3,866,000 after purchasing an additional 220 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in Cimpress by 2.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 8,905 shares of the business services provider’s stock valued at $593,000 after purchasing an additional 225 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in Cimpress by 1.3% during the fourth quarter. Cerity Partners LLC now owns 18,477 shares of the business services provider’s stock valued at $1,230,000 after purchasing an additional 233 shares during the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

Key Headlines Impacting Cimpress

Here are the key news stories impacting Cimpress this week:

• Positive Sentiment: Zacks Research upgraded Cimpress from Hold to Strong-Buy, which can boost investor confidence and support the stock. Zacks.com
• Positive Sentiment: Several reports highlighted that Cimpress is trading near its 52-week high and is showing sustained price momentum, suggesting traders see additional upside potential. Article Title
• Positive Sentiment: Analysts also slightly raised earnings estimates for fiscal 2027, which signals improving profit expectations for the business services provider. MarketBeat
• Positive Sentiment: Cimpress closed on a new $1.1 billion Term Loan B due 2033 and refinanced its prior 2028 debt, a move that should improve debt maturity visibility and reduce near-term refinancing risk. Article Title
• Neutral Sentiment: Cimpress also announced it will present at the East Coast Ideas Conference on June 11, which is a routine investor-relations event and not a major fundamental catalyst. Article Title

About Cimpress

Cimpress NV is a global leader in mass customization and web-to-print services, offering businesses and consumers an online platform to design, order and personalize printed marketing materials and promotional products. As the parent company of Vistaprint and a portfolio of regional print service providers, Cimpress leverages proprietary technology to connect millions of small- and medium-sized customers with a network of manufacturing facilities around the world. Its product range spans business cards, brochures, signage, labels, apparel, packaging and a variety of bespoke merchandise.

The company traces its roots to Vistaprint, founded in 1995 by Robert W.