TheStreet Upgrades Cimpress (NASDAQ:CMPR) to “B-“

Cimpress (NASDAQ:CMPR) was upgraded by research analysts at TheStreet from a “c+” rating to a “b-” rating in a research report issued to clients and investors on Friday, TheStreetRatingsTable reports.

A number of other equities analysts also recently weighed in on CMPR. Barrington Research reissued a “market perform” rating on shares of Cimpress in a research note on Friday, August 16th. SunTrust Banks raised shares of Cimpress from a “sell” rating to a “hold” rating and lifted their target price for the stock from $94.00 to $128.00 in a research note on Friday, September 13th. BidaskClub raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 3rd. Finally, ValuEngine downgraded shares of Cimpress from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $102.67.

Shares of NASDAQ CMPR opened at $130.33 on Friday. Cimpress has a twelve month low of $73.74 and a twelve month high of $135.12. The firm has a fifty day simple moving average of $127.17 and a 200 day simple moving average of $103.56. The company has a market capitalization of $3.96 billion, a PE ratio of 40.86, a P/E/G ratio of 1.85 and a beta of 0.11. The company has a quick ratio of 0.33, a current ratio of 0.46 and a debt-to-equity ratio of 8.00.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, July 31st. The business services provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.74. Cimpress had a net margin of 3.46% and a return on equity of 85.75%. The business had revenue of $674.71 million during the quarter, compared to the consensus estimate of $657.51 million. During the same quarter last year, the firm earned ($0.24) earnings per share. Cimpress’s quarterly revenue was up 6.9% on a year-over-year basis. As a group, equities analysts expect that Cimpress will post 3.35 earnings per share for the current fiscal year.

In other Cimpress news, EVP Donald Leblanc sold 6,653 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $116.81, for a total value of $777,136.93. Following the completion of the sale, the executive vice president now directly owns 18,227 shares in the company, valued at $2,129,095.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 18.40% of the stock is owned by company insiders.

A number of large investors have recently bought and sold shares of CMPR. Nuveen Asset Management LLC acquired a new stake in Cimpress in the second quarter worth $112,016,000. D. E. Shaw & Co. Inc. grew its holdings in Cimpress by 74.3% in the second quarter. D. E. Shaw & Co. Inc. now owns 297,962 shares of the business services provider’s stock worth $27,081,000 after purchasing an additional 127,002 shares during the period. Janus Henderson Group PLC grew its holdings in Cimpress by 2.5% in the second quarter. Janus Henderson Group PLC now owns 3,785,510 shares of the business services provider’s stock worth $344,065,000 after purchasing an additional 91,165 shares during the period. FMR LLC grew its holdings in Cimpress by 9.7% in the first quarter. FMR LLC now owns 800,546 shares of the business services provider’s stock worth $64,148,000 after purchasing an additional 70,901 shares during the period. Finally, Global Alpha Capital Management Ltd. acquired a new stake in Cimpress in the second quarter worth $5,661,000. Institutional investors and hedge funds own 88.48% of the company’s stock.

About Cimpress

Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.

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