Cimpress' (CMPR) "Outperform" Rating Reaffirmed at Barrington Research

Barrington Research reiterated their outperform rating on shares of Cimpress (NASDAQ:CMPR - Free Report) in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a $119.00 price target on the business services provider's stock.

Several other equities analysts have also commented on CMPR. StockNews.com raised Cimpress from a "buy" rating to a "strong-buy" rating in a research note on Thursday, January 23rd. Truist Financial reduced their price objective on shares of Cimpress from $120.00 to $110.00 and set a "buy" rating on the stock in a report on Friday, November 1st.

Cimpress Stock Performance

Shares of CMPR stock traded down $3.68 on Wednesday, hitting $66.48. 382,096 shares of the stock traded hands, compared to its average volume of 113,217. Cimpress has a twelve month low of $58.05 and a twelve month high of $104.92. The firm's 50-day moving average price is $75.23 and its two-hundred day moving average price is $81.14. The stock has a market capitalization of $1.67 billion, a PE ratio of 11.01, a PEG ratio of 0.68 and a beta of 2.09.

Cimpress (NASDAQ:CMPR - Get Free Report) last posted its earnings results on Wednesday, January 29th. The business services provider reported $2.36 earnings per share for the quarter, missing the consensus estimate 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, equities research analysts anticipate that Cimpress will post 4.06 EPS for the current fiscal year.

Institutional Trading of Cimpress

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Cimpress by 54.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 26,420 shares of the business services provider's stock valued at $2,164,000 after buying an additional 9,324 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new position in Cimpress during the 3rd quarter valued at about $7,582,000. Diamond Hill Capital Management Inc. grew its position in Cimpress by 6.3% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 450,253 shares of the business services provider's stock valued at $36,885,000 after acquiring an additional 26,727 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Cimpress by 1.0% during the third quarter. JPMorgan Chase & Co. now owns 21,937 shares of the business services provider's stock worth $1,797,000 after purchasing an additional 215 shares during the period. Finally, Hennessy Advisors Inc. lifted its position in shares of Cimpress by 6.9% during the fourth quarter. Hennessy Advisors Inc. now owns 110,400 shares of the business services provider's stock worth $7,918,000 after purchasing an additional 7,100 shares in the last quarter. Hedge funds and other institutional investors own 77.64% of the company's stock.

About Cimpress

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.