Analysts Set Cimpress plc (NASDAQ:CMPR) PT at $97.50

Shares of Cimpress plc (NASDAQ:CMPR) have been assigned an average recommendation of “Buy” from the five analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $97.50.

A number of brokerages have commented on CMPR. Truist Financial set a $100.00 target price on shares of Cimpress in a report on Friday, January 30th. Zacks Research raised shares of Cimpress from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. Barrington Research raised their target price on Cimpress from $83.00 to $95.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cimpress in a research report on Monday, December 29th. Finally, Wall Street Zen cut Cimpress from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 21st.

Cimpress Stock Performance

CMPR stock opened at $72.68 on Tuesday. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 80.76 and a beta of 1.75. The business’s 50-day moving average is $74.21 and its two-hundred day moving average is $68.24. Cimpress has a fifty-two week low of $35.21 and a fifty-two week high of $82.43.

Cimpress (NASDAQ:CMPR) last released its quarterly earnings results on Wednesday, January 28th. The business services provider reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.34. Cimpress had a negative return on equity of 4.18% and a net margin of 0.66%.The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $993.64 million. Equities analysts predict that Cimpress will post 3.69 earnings per share for the current year.

Institutional Investors Weigh In On Cimpress

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its position in shares of Cimpress by 8.1% in the fourth quarter. Janus Henderson Group PLC now owns 3,620,423 shares of the business services provider’s stock worth $241,083,000 after purchasing an additional 272,260 shares during the period. Rubric Capital Management LP increased its stake in Cimpress by 29.2% in the 4th quarter. Rubric Capital Management LP now owns 1,525,000 shares of the business services provider’s stock worth $101,550,000 after acquiring an additional 344,211 shares during the last quarter. ArrowMark Colorado Holdings LLC raised its holdings in shares of Cimpress by 66.8% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 1,258,040 shares of the business services provider’s stock worth $79,307,000 after acquiring an additional 503,849 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Cimpress by 7.0% during the 4th quarter. Geode Capital Management LLC now owns 405,101 shares of the business services provider’s stock valued at $26,979,000 after acquiring an additional 26,547 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Cimpress by 1.1% in the fourth quarter. State Street Corp now owns 356,889 shares of the business services provider’s stock valued at $23,765,000 after purchasing an additional 4,021 shares in the last quarter. Institutional investors own 77.64% of the company’s stock.

Cimpress Company Profile

Cimpress NV is a global leader in mass customization and web-to-print services, offering businesses and consumers an online platform to design, order and personalize printed marketing materials and promotional products. As the parent company of Vistaprint and a portfolio of regional print service providers, Cimpress leverages proprietary technology to connect millions of small- and medium-sized customers with a network of manufacturing facilities around the world. Its product range spans business cards, brochures, signage, labels, apparel, packaging and a variety of bespoke merchandise.

The company traces its roots to Vistaprint, founded in 1995 by Robert W.