Cimpress (NASDAQ:CMPR) Raised to “Strong-Buy” at Zacks Research

Cimpress (NASDAQ:CMPR) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors 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.

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

Cimpress Stock Performance

NASDAQ CMPR opened at $96.02 on Tuesday. The stock has a 50-day simple moving average of $86.09 and a two-hundred day simple moving average of $77.37. The firm has a market capitalization of $2.33 billion, a P/E ratio of 53.94 and a beta of 1.80. Cimpress has a fifty-two week low of $42.05 and a fifty-two week high of $106.13.

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

Insider Activity

In related news, EVP Sean Edward Quinn sold 5,009 shares of Cimpress stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $104.22, for a total value of $522,037.98. Following the sale, the executive vice president directly owned 28,937 shares in the company, valued at approximately $3,015,814.14. The trade was a 14.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Maarten Wensveen sold 19,251 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $92.96, for a total value 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 represents a 49.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 47,240 shares of company stock worth $4,715,549. 10.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Cimpress

A number of large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC grew its position in shares of Cimpress by 27.7% in the first quarter. EverSource Wealth Advisors LLC now owns 817 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 177 shares in the last quarter. Quantinno Capital Management LP grew its position in shares of Cimpress by 2.7% in the first quarter. Quantinno Capital Management LP now owns 7,162 shares of the business services provider’s stock valued at $523,000 after purchasing an additional 189 shares in the last quarter. Ieq Capital LLC grew its position in shares of Cimpress by 0.4% in the fourth quarter. Ieq Capital LLC now owns 58,058 shares of the business services provider’s stock valued at $3,866,000 after purchasing an additional 220 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Cimpress by 2.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 8,905 shares of the business services provider’s stock valued at $593,000 after purchasing an additional 225 shares in the last quarter. Finally, Cerity Partners LLC grew its position in shares of Cimpress by 1.3% in the fourth quarter. Cerity Partners LLC now owns 18,477 shares of the business services provider’s stock valued at $1,230,000 after purchasing an additional 233 shares in the last quarter. 77.64% of the stock is currently owned by hedge funds and other institutional investors.

Cimpress Company Profile

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.