Cimpress (NASDAQ:CMPR) Price Target Raised to $83.00 at Barrington Research

Cimpress (NASDAQ:CMPR) had its target price increased by Barrington Research from $77.00 to $83.00 in a research report report published on Monday, Marketbeat reports. The firm currently has an outperform rating on the business services provider’s stock.

Several other equities research analysts have also recently weighed in on the stock. Citigroup reiterated an “outperform” rating on shares of Cimpress in a research note on Wednesday, October 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cimpress in a research report on Thursday. Wall Street Zen raised Cimpress from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Finally, Truist Financial upped their target price on Cimpress from $74.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Cimpress has an average rating of “Moderate Buy” and a consensus target price of $80.50.

Cimpress Stock Down 2.0%

Shares of CMPR stock opened at $65.25 on Monday. Cimpress has a 12 month low of $35.21 and a 12 month high of $85.56. The firm has a market cap of $1.61 billion, a PE ratio of 49.81 and a beta of 1.76. The stock has a 50 day moving average of $64.07 and a 200-day moving average of $54.74.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, October 29th. The business services provider reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. Cimpress had a net margin of 1.02% and a negative return on equity of 6.23%. The business had revenue of $863.28 million for the quarter, compared to analyst estimates of $839.42 million. Cimpress has set its FY 2026 guidance at EPS. As a group, equities analysts predict that Cimpress will post 3.69 EPS for the current fiscal year.

Insider Buying and Selling at Cimpress

In other news, EVP Sean Edward Quinn bought 4,000 shares of the stock in a transaction dated Thursday, November 6th. The shares were acquired at an average price of $62.79 per share, with a total value of $251,160.00. Following the acquisition, the executive vice president owned 36,484 shares in the company, valued at $2,290,830.36. This trade represents a 12.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Maarten Wensveen sold 22,830 shares of Cimpress stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $68.36, for a total transaction of $1,560,658.80. Following the transaction, the executive vice president directly owned 20,587 shares of the company’s stock, valued at $1,407,327.32. This represents a 52.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 10.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Cerity Partners LLC bought a new stake in Cimpress during the 1st quarter worth approximately $214,000. New York State Common Retirement Fund grew its holdings in shares of Cimpress by 104.9% during the first quarter. New York State Common Retirement Fund now owns 35,152 shares of the business services provider’s stock worth $1,590,000 after purchasing an additional 18,000 shares during the last quarter. CWM LLC increased its stake in shares of Cimpress by 835.5% in the first quarter. CWM LLC now owns 5,323 shares of the business services provider’s stock valued at $241,000 after buying an additional 4,754 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Cimpress by 341.6% in the first quarter. Signaturefd LLC now owns 605 shares of the business services provider’s stock valued at $27,000 after buying an additional 468 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. lifted its position in Cimpress by 55.6% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 921,661 shares of the business services provider’s stock worth $41,687,000 after buying an additional 329,466 shares in the last quarter. 77.64% of the stock is owned by institutional investors and hedge funds.

Cimpress Company Profile

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.