Cimpress (NASDAQ:CMPR) Reaches New 1-Year Low - Time to Sell?

Cimpress plc (NASDAQ:CMPR - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $40.62 and last traded at $41.80, with a volume of 62689 shares traded. The stock had previously closed at $43.42.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Barrington Research reissued an "outperform" rating and set a $119.00 price objective on shares of Cimpress in a report on Wednesday, January 29th. Truist Financial cut their price objective on Cimpress from $110.00 to $87.00 and set a "buy" rating for the company in a report on Friday, January 31st. Finally, StockNews.com upgraded shares of Cimpress from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 8th.

Cimpress Stock Performance

The stock has a market cap of $1.10 billion, a P/E ratio of 7.25, a PEG ratio of 0.50 and a beta of 1.94. The stock has a fifty day simple moving average of $46.94 and a 200-day simple moving average of $66.25.

Cimpress (NASDAQ:CMPR - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The business services provider reported $2.36 earnings per share (EPS) 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 27.64%. On average, research analysts anticipate that Cimpress plc will post 3.69 earnings per share for the current year.

Remove Ads

Insider Buying and Selling

In other news, CFO Sean Edward Quinn bought 5,000 shares of the company's stock in a transaction dated Friday, March 14th. The stock was bought at an average price of $41.50 per share, with a total value of $207,500.00. Following the completion of the acquisition, the chief financial officer now owns 20,224 shares of the company's stock, valued at $839,296. This represents a 32.84 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 17.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Cimpress

Several institutional investors and hedge funds have recently modified their holdings of CMPR. Public Employees Retirement System of Ohio bought a new stake in Cimpress in the 3rd quarter valued at about $29,000. Point72 Asset Management L.P. bought a new stake in shares of Cimpress in the third quarter valued at approximately $115,000. Vestcor Inc acquired a new stake in Cimpress during the fourth quarter worth approximately $144,000. Mayfair Advisory Group LLC bought a new position in Cimpress during the 4th quarter worth $204,000. Finally, Ethic Inc. acquired a new position in Cimpress in the 4th quarter valued at $214,000. 77.64% of the stock is currently owned by institutional investors and hedge funds.

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.