Cimpress (NASDAQ: CMPR) downgraded to "Hold" at BidaskClub



Cimpress (NASDAQ: CMPR) BidaskClub research analysts downgraded a "buy" rating to a "hold" rating in a study letter that was issued to investors on Tuesday, July 31.

CMPR has been the subject of several other reports. Barrington Research repeated a "buy" rating and published a price target of $ 165.00 on Cimpress shares in a research note on Tuesday, May 1. ValuEngine increased Cimpress from a "sell" rating to a "hold" rating in a report on Wednesday, May 2. Aegis republished a "sell" rating and issued a target price of $ 114.00 on Cimpress shares in a report on Tuesday, May 8. SunTrust Banks republished a "hold" rating and issued a target price of $ 144.00 on Cimpress shares in a report on Tuesday 8 May. Finally, Zacks Investment Research brought Cimpress from a "strong sales" rating to a "wait" score in a report on Tuesday 24 July. Two research analysts have rated the shares with a sell rating, two have a hold rating and two have assigned a buy-rating to the shares of the company. Cimpress currently has a consensus rating of "Hold" and a consensus price target of $ 142.75.

CMPR opened Tuesday at $ 141.00. Cimpress has a low point in the year of $ 88.78 and a highest point in one year of $ 171.76. The company has a market capitalization of $ 4.38 billion, a K / W ratio of 165.88, a price-earnings ratio of 2.20 and a beta of -0.16. The company has a debt-to-equity ratio of 9.26, a quick ratio of 0.37 and a current ratio of 0.50.

Cimpress (NASDAQ: CMPR) last released its quarterly results on Wednesday, August 1st. The business service provider reported $ 0.21 earnings per share this quarter, exceeding analysts' $ 0.03 consensus estimates by $ 0.18. The company had sales of $ 631.13 million for the quarter compared with analysts' expectations of $ 635.71 million. Cimpress had a return on equity of 27.10% and a net margin of 1.69%. analysts expect Cimpress to publish 3.23 EPS for the current year.

In other news, EVP Cornelis David Arends acquired 400 Cimpress shares in a transaction that took place on Monday 6 August. The shares were purchased at an average price of $ 144.30 per share, for a total transaction of $ 57,720.00. The purchase has been disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. CFO Sean Edward Quinn also sold 776 shares of the company's shares in a transaction on Thursday 31 May. The shares were sold at an average price of $ 138.49 for a total transaction of $ 107,468.24. The information for this sale can be found here. 18.80% of the shares are currently owned by insiders of companies.

Large investors have recently changed their positions in the shares. Deutsche Bank AG increased its position in Cimpress shares by 127.7% in the fourth quarter. Deutsche Bank AG now owns 59,895 shares in the share capital of the business service provider with a value of $ 7,177,000 after acquiring another 33,594 shares during the period. Macquarie Group Ltd. increased its position in Cimpress by 262.8% in the fourth quarter. Macquarie Group Ltd. now holds 5,805 shares in the share capital of the business service provider with a value of $ 696,000 after acquiring 4,205 additional shares during the period. Teachers Advisors LLC increased its position in Cimpress shares by 3.2% during the fourth quarter. Teachers Advisors LLC now holds 52,114 shares of the business service provider's shares with a value of $ 6,247,000 after acquiring 1,595 additional shares during the period. Jane Street Group LLC acquired a new stake in Cimpress shares worth approximately $ 334,000 in the fourth quarter. Finally, Summit Trail Advisors LLC increased its position in Cimpress shares by 11.6% during the first quarter. Summit Trail Advisors LLC now holds 9,666 shares of the business service provider's stock with a value of $ 1,047,000 after acquiring another 1,003 shares during the period. Hedge funds and other institutional investors hold 88.39% of the company's shares.

Cimpress Company profile

Cimpress N.V operates as a technology company in North America, Europe, Australia, New Zealand, South America, the Asia Pacific region and internationally. It collects individually adjusted orders for a range of print, signage, clothing and related products, mainly via the internet. The company operates in four segments: Vistaprint, Upload and Print, National Pen and All Other Businesses.

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