Cimpress (NASDAQ:CMPR) Stock Rating Lowered by TheStreet

Cimpress (NASDAQ:CMPRGet Rating) was downgraded by research analysts at TheStreet from a “c-” rating to a “d” rating in a note issued to investors on Thursday, TheStreetRatingsTable reports.

A number of other research analysts have also commented on the company. StockNews.com initiated coverage on Cimpress in a report on Thursday, March 31st. They issued a “buy” rating on the stock. Zacks Investment Research raised Cimpress from a “sell” rating to a “hold” rating and set a $70.00 price objective on the stock in a report on Tuesday, April 5th. Finally, Truist Financial decreased their price objective on Cimpress from $138.00 to $130.00 in a report on Friday, January 28th.

CMPR stock opened at $50.51 on Thursday. The firm has a market capitalization of $1.32 billion, a PE ratio of -17.48, a PEG ratio of 2.35 and a beta of 1.49. Cimpress has a 1-year low of $49.08 and a 1-year high of $122.30. The business’s 50 day simple moving average is $62.24 and its 200 day simple moving average is $71.49.

Cimpress (NASDAQ:CMPRGet Rating) last posted its earnings results on Wednesday, April 27th. The business services provider reported ($2.75) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.83) by ($1.92). Cimpress had a negative return on equity of 1.47% and a negative net margin of 2.67%. As a group, research analysts predict that Cimpress will post 1.23 EPS for the current fiscal year.

Large investors have recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC bought a new stake in shares of Cimpress during the 3rd quarter valued at $34,000. PNC Financial Services Group Inc. lifted its position in shares of Cimpress by 36.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 492 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 132 shares during the period. National Bank of Canada FI bought a new stake in shares of Cimpress during the 4th quarter valued at $72,000. Point72 Hong Kong Ltd lifted its position in shares of Cimpress by 144.9% during the 3rd quarter. Point72 Hong Kong Ltd now owns 1,259 shares of the business services provider’s stock valued at $109,000 after acquiring an additional 745 shares during the period. Finally, Gladius Capital Management LP bought a new stake in shares of Cimpress during the 4th quarter valued at $134,000. Hedge funds and other institutional investors own 80.88% of the company’s stock.

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 décor, 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.

Further Reading

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