Cimpress (CMPR) Set to Announce Quarterly Earnings on Wednesday

Cimpress (NASDAQ:CMPR) is set to announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Cimpress has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Cimpress (NASDAQ:CMPR) last issued its earnings results on Wednesday, January 31st. The business services provider reported $2.14 EPS for the quarter, topping the consensus estimate of $1.24 by $0.90. The firm had revenue of $921.36 million during the quarter, compared to the consensus estimate of $901.13 million. Cimpress had a negative return on equity of 10.76% and a net margin of 1.31%. On average, analysts expect Cimpress to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Cimpress Trading Up 2.2 %

NASDAQ:CMPR opened at $90.90 on Wednesday. Cimpress has a 1-year low of $42.78 and a 1-year high of $100.01. The stock has a market cap of $2.42 billion, a P/E ratio of 60.20, a price-to-earnings-growth ratio of 1.15 and a beta of 1.97. The stock’s 50-day moving average is $91.48 and its 200-day moving average is $79.47.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on CMPR shares. Truist Financial boosted their target price on shares of Cimpress from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Barrington Research boosted their price objective on Cimpress from $100.00 to $113.00 and gave the stock an “outperform” rating in a report on Monday, February 5th.

Insider Activity at Cimpress

In related news, CFO Sean Edward Quinn sold 6,959 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $90.00, for a total transaction of $626,310.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CFO Sean Edward Quinn sold 6,959 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $90.00, for a total transaction of $626,310.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Maarten Wensveen sold 1,651 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $90.00, for a total transaction of $148,590.00. Following the sale, the executive vice president now owns 10,779 shares of the company’s stock, valued at $970,110. The disclosure for this sale can be found here. In the last three months, insiders have sold 28,841 shares of company stock worth $2,656,348. 17.90% of the stock is owned by company insiders.

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.