Cimpress (NASDAQ:CMPR) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Cimpress (NASDAQ:CMPR) from a hold rating to a strong-buy rating in a report published on Tuesday,Zacks.com reports. Zacks Research also issued estimates for Cimpress’ Q4 2027 earnings at $1.70 EPS, FY2027 earnings at $4.15 EPS and Q1 2028 earnings at $0.96 EPS.

Several other analysts also recently weighed in on the company. Wall Street Zen upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 1st. Barrington Research upped their target price on shares of Cimpress from $95.00 to $113.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Truist Financial set a $110.00 target price on shares of Cimpress in a research note on Friday, May 1st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Cimpress in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $111.50.

Cimpress Stock Down 1.3%

Shares of CMPR opened at $96.02 on Tuesday. The company has a market cap of $2.33 billion, a PE ratio of 53.94 and a beta of 1.80. The business has a fifty day moving average of $86.09 and a 200 day moving average of $77.37. Cimpress has a 52-week low of $42.05 and a 52-week high of $106.13.

Cimpress (NASDAQ:CMPR) last released its earnings results on Wednesday, April 29th. The business services provider reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.40. Cimpress had a negative return on equity of 8.25% and a net margin of 1.24%.The business had revenue of $886.21 million during the quarter, compared to the consensus estimate of $858.80 million. As a group, research analysts anticipate that Cimpress will post 3.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Cimpress

In other news, EVP Maarten Wensveen sold 19,251 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $92.96, for a total transaction of $1,789,572.96. Following the transaction, the executive vice president owned 19,674 shares in the company, valued at approximately $1,828,895.04. This trade represents a 49.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Sean Edward Quinn sold 22,980 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $104.61, for a total value of $2,403,937.80. Following the transaction, the executive vice president owned 28,937 shares in the company, valued at approximately $3,027,099.57. This represents a 44.26% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 47,240 shares of company stock worth $4,715,549. Insiders own 10.20% of the company’s stock.

Hedge Funds Weigh In On Cimpress

Several institutional investors have recently made changes to their positions in CMPR. KBC Group NV purchased a new position in shares of Cimpress during the first quarter valued at $30,000. Allworth Financial LP increased its stake in shares of Cimpress by 250.0% during the third quarter. Allworth Financial LP now owns 518 shares of the business services provider’s stock valued at $33,000 after buying an additional 370 shares during the period. Headlands Technologies LLC grew its stake in Cimpress by 32.3% in the second quarter. Headlands Technologies LLC now owns 986 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 241 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Cimpress in the second quarter valued at about $51,000. Finally, Quarry LP purchased a new position in Cimpress in the third quarter valued at about $55,000. Hedge funds and other institutional investors own 77.64% of the company’s stock.

About Cimpress

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.