Cimpress (NASDAQ:CMPR) Given New $77.00 Price Target at Barrington Research

Cimpress (NASDAQ:CMPR) had its price target raised by Barrington Research from $70.00 to $77.00 in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports. The firm currently has an outperform rating on the business services provider’s stock.

CMPR has been the topic of several other research reports. Truist Financial upped their price objective on Cimpress from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, September 17th. Wall Street Zen upgraded Cimpress from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $77.50.

Cimpress Stock Down 0.4%

Shares of NASDAQ CMPR opened at $62.80 on Wednesday. Cimpress has a 12-month low of $35.21 and a 12-month high of $85.56. The firm’s 50-day simple moving average is $59.24 and its 200 day simple moving average is $49.44. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 123.14 and a beta of 1.74.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Tuesday, July 29th. The business services provider reported ($1.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($1.99). Cimpress had a negative return on equity of 2.64% and a net margin of 0.44%.The company had revenue of $869.48 million during the quarter, compared to the consensus estimate of $844.24 million. Cimpress has set its FY 2026 guidance at EPS. On average, equities analysts expect that Cimpress will post 3.69 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Headlands Technologies LLC increased its stake in Cimpress by 32.3% in the second quarter. Headlands Technologies LLC now owns 986 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 241 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Cimpress by 2.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,992 shares of the business services provider’s stock valued at $452,000 after buying an additional 282 shares during the period. Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of Cimpress by 7.4% in the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 6,717 shares of the business services provider’s stock valued at $316,000 after buying an additional 463 shares in the last quarter. Signaturefd LLC increased its position in shares of Cimpress by 341.6% in the 1st quarter. Signaturefd LLC now owns 605 shares of the business services provider’s stock valued at $27,000 after buying an additional 468 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Cimpress by 8.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 6,273 shares of the business services provider’s stock worth $295,000 after buying an additional 478 shares during the period. Institutional investors own 77.64% of the company’s stock.

About Cimpress

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, 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; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.