Zacks Research Reduces Earnings Estimates for Cimpress

Cimpress plc (NASDAQ:CMPR) – Investment analysts at Zacks Research cut their FY2027 earnings per share estimates for shares of Cimpress in a research note issued on Thursday, January 23rd. Zacks Research analyst R. Department now expects that the business services provider will earn $5.85 per share for the year, down from their prior estimate of $5.86. The consensus estimate for Cimpress’ current full-year earnings is $4.06 per share.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported ($0.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.80). Cimpress had a negative return on equity of 27.15% and a net margin of 4.69%. The firm had revenue of $804.97 million for the quarter, compared to analyst estimates of $800.51 million. During the same quarter in the previous year, the company earned $0.17 earnings per share.

Several other equities research analysts have also recently weighed in on the company. Truist Financial cut their target price on Cimpress from $120.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Barrington Research restated an “outperform” rating and set a $119.00 price objective on shares of Cimpress in a research report on Friday, December 20th. Finally, StockNews.com upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 23rd.

Cimpress Trading Down 1.4 %

NASDAQ CMPR opened at $72.85 on Monday. The firm’s 50 day simple moving average is $75.83 and its 200 day simple moving average is $81.59. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 12.52, a P/E/G ratio of 0.66 and a beta of 2.09. Cimpress has a 1 year low of $58.05 and a 1 year high of $104.92.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CMPR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Cimpress by 54.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 26,420 shares of the business services provider’s stock valued at $2,164,000 after acquiring an additional 9,324 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of Cimpress in the 3rd quarter valued at about $7,582,000. Diamond Hill Capital Management Inc. raised its position in shares of Cimpress by 6.3% during the third quarter. Diamond Hill Capital Management Inc. now owns 450,253 shares of the business services provider’s stock worth $36,885,000 after acquiring an additional 26,727 shares during the last quarter. Hennessy Advisors Inc. boosted its holdings in Cimpress by 6.9% in the fourth quarter. Hennessy Advisors Inc. now owns 110,400 shares of the business services provider’s stock valued at $7,918,000 after acquiring an additional 7,100 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Cimpress by 1.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 21,937 shares of the business services provider’s stock worth $1,797,000 after purchasing an additional 215 shares during the last quarter. 77.64% of the stock is currently owned by institutional investors.

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.