Cimpress (NASDAQ:CMPR) Announces Earnings Results

Cimpress (NASDAQ:CMPR) issued its quarterly earnings results on Wednesday. The business services provider reported $2.36 earnings per share for the quarter, missing analysts’ consensus estimates of $2.52 by ($0.16), Zacks reports. Cimpress had a negative return on equity of 27.15% and a net margin of 4.69%.

Cimpress Price Performance

Shares of CMPR stock traded up $1.38 on Wednesday, reaching $74.23. 153,313 shares of the company were exchanged, compared to its average volume of 125,733. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 0.66 and a beta of 2.09. The company has a 50-day moving average of $75.83 and a 200-day moving average of $81.59. Cimpress has a one year low of $58.05 and a one year high of $104.92.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Truist Financial decreased their price target on Cimpress from $120.00 to $110.00 and set a “buy” rating for the company in a report on Friday, November 1st. Barrington Research reissued an “outperform” rating and set a $119.00 price objective on shares of Cimpress in a research report on Wednesday. Finally, StockNews.com raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 23rd.

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.