Cimpress (NASDAQ:CMPR) Stock Price Expected to Rise, Truist Financial Analyst Says

Key Points

• Truist Financial has increased Cimpress' target price from $74.00 to $78.00, indicating a potential upside of 19.49% from its current stock price.
• Despite the positive outlook from Truist, Wall Street Zen downgraded Cimpress from a "buy" rating to a "hold" in August, while Barrington Research upgraded its price target to $70.00 with an "outperform" rating.
• Cimpress reported a quarterly earnings miss with an EPS of ($1.02), falling short of the consensus estimate of $0.97 but achieved revenue of $869.48 million, exceeding estimates.

Cimpress (NASDAQ:CMPR - Get Free Report) had its price target hoisted by equities research analysts at Truist Financial from $74.00 to $78.00 in a research report issued on Wednesday, Marketbeat Ratings reports. The brokerage presently has a "buy" rating on the business services provider's stock. Truist Financial's target price would suggest a potential upside of 25.18% from the stock's current price.

A number of other research firms have also weighed in on CMPR. Barrington Research upped their target price on shares of Cimpress from $65.00 to $70.00 and gave the stock an "outperform" rating in a report on Monday, August 4th. Wall Street Zen cut shares of Cimpress from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Cimpress has an average rating of "Buy" and a consensus target price of $74.00.

Cimpress Stock Performance

Shares of CMPR traded down $0.59 during midday trading on Wednesday, hitting $62.31. The company had a trading volume of 312,152 shares, compared to its average volume of 222,345. The firm has a market capitalization of $1.53 billion, a P/E ratio of 122.18 and a beta of 1.79. The company's 50-day simple moving average is $56.54 and its 200-day simple moving average is $48.46. Cimpress has a 1 year low of $35.21 and a 1 year high of $86.37.

Cimpress (NASDAQ:CMPR - Get Free Report) last posted its earnings results on Tuesday, July 29th. The business services provider reported ($1.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by ($1.99). Cimpress had a net margin of 0.44% and a negative return on equity of 2.64%. The company had revenue of $869.48 million during the quarter, compared to analyst estimates of $844.24 million. Cimpress has set its FY 2026 guidance at EPS. Equities analysts predict that Cimpress will post 3.69 earnings per share for the current fiscal year.

Institutional Trading of Cimpress

Several hedge funds and other institutional investors have recently bought and sold shares of CMPR. Signaturefd LLC increased its stake in shares of Cimpress by 341.6% in the first quarter. Signaturefd LLC now owns 605 shares of the business services provider's stock valued at $27,000 after purchasing an additional 468 shares during the period. Summit Securities Group LLC bought a new stake in shares of Cimpress during the first quarter worth $32,000. Headlands Technologies LLC acquired a new stake in Cimpress in the first quarter valued at $34,000. Raymond James Financial Inc. bought a new position in Cimpress in the 2nd quarter valued at about $51,000. Finally, Tower Research Capital LLC TRC boosted its position in Cimpress by 115.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,846 shares of the business services provider's stock worth $87,000 after buying an additional 991 shares during the period. 77.64% of the stock is owned by hedge funds and other institutional investors.

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.