Shares of Cimpress plc (NASDAQ:CMPR - Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as $47.49 and last traded at $47.52, with a volume of 32856 shares. The stock had previously closed at $49.94.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on CMPR shares. StockNews.com raised Cimpress from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 8th. Truist Financial lowered their target price on Cimpress from $110.00 to $87.00 and set a "buy" rating on the stock in a report on Friday, January 31st. Finally, Barrington Research reissued an "outperform" rating and issued a $119.00 target price on shares of Cimpress in a report on Wednesday, January 29th.
Read Our Latest Analysis on Cimpress
Cimpress Stock Up 1.6 %
The company has a market cap of $1.21 billion, a price-to-earnings ratio of 7.96, a price-to-earnings-growth ratio of 0.50 and a beta of 2.08. The company has a fifty day simple moving average of $64.47 and a two-hundred day simple moving average of $76.13.
Cimpress (NASDAQ:CMPR - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The business services provider reported $2.36 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 27.64%. On average, research analysts predict that Cimpress plc will post 3.69 EPS for the current year.
Institutional Trading of Cimpress
A number of large investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio purchased a new position in Cimpress during the third quarter worth about $29,000. Quarry LP purchased a new position in shares of Cimpress in the 3rd quarter worth about $111,000. Point72 Asset Management L.P. purchased a new stake in shares of Cimpress during the 3rd quarter valued at about $115,000. Meeder Asset Management Inc. purchased a new stake in shares of Cimpress during the 3rd quarter valued at about $130,000. Finally, Vestcor Inc purchased a new stake in shares of Cimpress during the 4th quarter valued at about $144,000. Institutional investors and hedge funds own 77.64% of the company's stock.
Cimpress Company Profile
(
Get Free Report)
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.
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