Wall Street analysts expect Cimpress plc (NASDAQ:CMPR – Get Rating) to report $632.70 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Cimpress’ earnings, with the lowest sales estimate coming in at $617.70 million and the highest estimate coming in at $647.70 million. Cimpress reported sales of $578.85 million during the same quarter last year, which indicates a positive year-over-year growth rate of 9.3%. The company is expected to announce its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Cimpress will report full-year sales of $2.82 billion for the current year, with estimates ranging from $2.79 billion to $2.85 billion. For the next fiscal year, analysts expect that the company will post sales of $3.02 billion, with estimates ranging from $3.00 billion to $3.04 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Cimpress.
Cimpress (NASDAQ:CMPR – Get Rating) last posted its quarterly earnings results on Wednesday, January 26th. The business services provider reported $2.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.58 by $0.50. The company had revenue of $849.72 million for 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 firms recently weighed in on CMPR. StockNews.com began coverage on shares of Cimpress in a report on Thursday, March 31st. They set a “buy” rating for the company. Trust Financial decreased their price objective on shares of Cimpress from $138.00 to $130.00 in a report on Friday, January 28th. Finally, 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 report on Tuesday, April 5th.
Shares of CMPR stock opened at $60.46 on Monday. The company’s fifty day simple moving average is $63.88 and its 200-day simple moving average is $73.31. Cimpress has a 52 week low of $58.62 and a 52 week high of $122.30. The company has a market cap of $1.58 billion, a PE ratio of -36.87, a P/E/G ratio of 2.47 and a beta of 1.49.
Several hedge funds and other institutional investors have recently bought and sold shares of CMPR. BlackRock Inc. lifted its position in Cimpress by 5.6% in the 4th quarter. BlackRock Inc. Now owns 1,297,194 shares of the business services provider’s stock valued at $92,891,000 after purchasing an additional 69,366 shares during the last quarter. ArrowMark Colorado Holdings LLC grew its stake in shares of Cimpress by 0.6% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,091,360 shares of the business services provider’s stock worth $94,763,000 after purchasing an additional 6,208 shares during the last quarter. UBS Group AG grew its stake in shares of Cimpress by 44.8% in the 3rd quarter. UBS Group AG now owns 759,794 shares of the business services provider’s stock worth $65,974,000 after purchasing an additional 234,931 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Cimpress by 1,019.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 430,945 shares of the business services provider’s stock worth $30,860,000 after purchasing an additional 392,462 shares during the last quarter. Finally, Bares Capital Management Inc. Its stake grew in shares of Cimpress by 18.2% in the 4th quarter. Bares Capital Management Inc. Now owns 365,243 shares of the business services provider’s stock worth $26,155,000 after purchasing an additional 56,204 during the last quarter. 80.88% of the stock is owned by institutional investors and hedge funds.
Simpress Company Profile (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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