Wall Street brokerages expect Cimpress plc (NASDAQ:CMPR – Get Rating) to announce earnings per share (EPS) of ($0.83) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Cimpress’ earnings, with the lowest EPS estimate coming in at ($1.01) and the highest estimate coming in at ($0.64). Cimpress reported earnings per share of ($1.50) during the same quarter last year, which would suggest a positive year-over-year growth rate of 44.7%. The company is scheduled to issue its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that Cimpress will report full year of $1.23 per share for the current year, with EPS estimates ranging from $1.05 to $1.40. For the next financial year, analysts forecast that the company will post of $2.11 per share, earnings with EPS estimates ranging from $2.01 to $2.21. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Cimpress.
Cimpress (NASDAQ:CMPR – Get Rating) last announced its quarterly earnings data on Wednesday, January 26th. The business services provider reported $2.08 EPS for the quarter, beating the Zacks’ consensus estimate of $1.58 by $0.50. The firm had revenue of $849.72 million during the quarter, compared to the consensus estimate of $852.36 million. Cimpress had a negative net margin of 1.54% and a negative return on equity of 1.47%.
A number of research analysts have recently weighed in on CMPR shares. StockNews.com started coverage on shares of Cimpress in a research note on Thursday, March 31st. They set a “buy” rating for the company. Zacks Investment Research raised shares of Cimpress from a “sell” rating to a “hold” rating and set a $70.00 objective price for the company in a research note on Tuesday, April 5th. Finally, Trustee Financial dropped their objective price on shares of Cimpress from $138.00 to $130.00 in a research note on Friday, January 28th.
Shares of Cimpress stock opened at $60.15 on Friday. Cimpress has a 12-month low of $58.62 and a 12-month high of $122.30. The stock has a market cap of $1.57 billion, a PE ratio of -36.68, a price-to-earnings-growth ratio of 2.47 and a beta of 1.49. The company has a 50-day moving average of $63.77 and a two-hundred day moving average of $73.10.
A number of hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. Its stake grew in Cimpress by 36.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 492 shares of the business services provider’s stock worth $42,000 after acquiring an additional 132 shares during the period. Royal Bank of Canada boosted its holdings in shares of Cimpress by 14.4% in the 3rd quarter. Royal Bank of Canada now owns 1,720 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 217 shares during the last quarter. Greenline Partners LLC boosted its holdings in shares of Cimpress by 1.6% in the 4th quarter. Greenline Partners LLC now owns 15,258 shares of the business services provider’s stock valued at $1,093,000 after purchasing an additional 241 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Cimpress by 0.3% in the 4th quarter. Goldman Sachs Group Inc. Now owns 83,053 shares of the business services provider’s stock shares valued at $5,947,000 after purchasing an additional 285 during the last quarter. Finally, M&T Bank Corp boosted its holdings in shares of Cimpress by 5.7% in the 4th quarter. M&T Bank Corp now owns 5,339 shares of the business services provider’s stock valued at $382,000 after purchasing an additional 289 shares during the last quarter. 80.88% of the stock is owned by hedge funds and other institutional investors.
About Cimpress (Get Rating)
Cimpress plc provides various mass customization services in North America, Europe, and internationally. The company operates through five segments: Vistaprint, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall dÃ©cor, business signage, and other printed products; web-to print products, including multi-page brochures, folders, flyers, business cards, signs, leaflets, booklets, posters, letterheads, and banners, as well as customized beverage cans; and printed materials, such as signage, print, advertising materials, corporate-wear, and promotional gifts.
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