Cimpress’ (CMPR) Outperform Rating Reiterated at Barrington Research

Barrington Research reiterated their outperform rating on shares of Cimpress (NASDAQ:CMPR) in a research note issued to investors on Wednesday morning,Benzinga reports. Barrington Research currently has a $119.00 price objective on the business services provider’s stock.

A number of other brokerages have also recently weighed in on CMPR. StockNews.com raised shares of Cimpress from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 23rd. Truist Financial dropped their price objective on shares of Cimpress from $120.00 to $110.00 and set a “buy” rating on the stock in a research note on Friday, November 1st.

Cimpress Trading Down 5.2 %

CMPR opened at $66.48 on Wednesday. Cimpress has a twelve month low of $58.05 and a twelve month high of $104.92. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 0.68 and a beta of 2.09. The company has a fifty day simple moving average of $75.23 and a 200 day simple moving average of $81.26.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, January 29th. The business services provider reported $2.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.52 by ($0.16). Cimpress had a net margin of 4.75% and a negative return on equity of 27.27%. On average, analysts forecast that Cimpress will post 4.06 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CMPR. Public Employees Retirement System of Ohio bought a new stake in Cimpress during the 3rd quarter valued at $29,000. CWM LLC raised its stake in shares of Cimpress by 51.4% during the third quarter. CWM LLC now owns 1,258 shares of the business services provider’s stock valued at $103,000 after purchasing an additional 427 shares in the last quarter. Quarry LP acquired a new stake in Cimpress in the third quarter worth about $111,000. Point72 Asset Management L.P. bought a new position in Cimpress in the 3rd quarter valued at about $115,000. Finally, Meeder Asset Management Inc. acquired a new position in Cimpress during the 3rd quarter valued at about $130,000. Institutional investors own 77.64% of the company’s stock.

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.