Cimpress (NASDAQ:CMPR) Trading Up 4.7% - Should You Buy?

Shares of Cimpress plc (NASDAQ:CMPR - Get Free Report) rose 4.7% during trading on Monday . The stock traded as high as $51.66 and last traded at $52.09. Approximately 54,605 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 189,090 shares. The stock had previously closed at $49.76.

Analyst Ratings Changes

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

Cimpress Stock Performance

The stock's 50-day moving average price is $65.52 and its 200-day moving average price is $76.65. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 7.90, a P/E/G ratio of 0.50 and a beta of 2.08.

Cimpress (NASDAQ:CMPR - Get Free Report) last issued 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 negative return on equity of 27.64% and a net margin of 4.75%. Analysts anticipate that Cimpress plc will post 3.69 earnings per share for the current year.

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Institutional Investors Weigh In On Cimpress

Large investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio acquired a new position in Cimpress during the third quarter worth about $29,000. Quarry LP purchased a new position in shares of Cimpress during the 3rd quarter worth approximately $111,000. Point72 Asset Management L.P. acquired a new position in shares of Cimpress during the 3rd quarter worth approximately $115,000. Meeder Asset Management Inc. purchased a new stake in Cimpress in the 3rd quarter valued at approximately $130,000. Finally, Vestcor Inc acquired a new stake in Cimpress during the 4th quarter valued at $144,000. 77.64% of the stock is owned by institutional investors and hedge funds.

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.