CafePress (PRSS) Lowered to Sell at Zacks Investment Research
CafePress (NASDAQ:PRSS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday.
According to Zacks, “CafePress, Inc. provides an e-commerce platform empowering individuals, groups, businesses and organizations to create, buy and sell customized and personalized products online. The Company’s portfolio of brands includes CafePress.com, Canvas On Demand, ImageKind, CafePress Pro, and Canvas On Demand Pro. It markets its services worldwide. CafePress, Inc. is headquartered in San Mateo, California. “
Separately, ValuEngine upgraded CafePress from a “sell” rating to a “hold” rating in a research note on Friday, December 1st.
CafePress (NASDAQ:PRSS) last posted its quarterly earnings results on Thursday, November 2nd. The information services provider reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.10). CafePress had a negative return on equity of 16.72% and a negative net margin of 7.63%. research analysts predict that CafePress will post -0.41 earnings per share for the current year.
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CafePress Inc is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The Company conducts its business on its primary United States-based domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia.
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