Cimpress (NASDAQ:CMPR) Stock Passes Above Two Hundred Day Moving Average - What's Next?

Cimpress plc (NASDAQ:CMPR - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $51.28 and traded as high as $66.81. Cimpress shares last traded at $66.23, with a volume of 75,435 shares.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CMPR. Truist Financial boosted their price objective on Cimpress from $74.00 to $78.00 and gave the stock a "buy" rating in a research report on Wednesday, September 17th. Citigroup reiterated an "outperform" rating on shares of Cimpress in a research report on Wednesday, October 1st. Barrington Research upped their target price on Cimpress from $70.00 to $77.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 1st. Weiss Ratings restated a "sell (d)" rating on shares of Cimpress in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded Cimpress from a "buy" rating to a "hold" rating in a research report on Saturday, October 4th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Cimpress presently has an average rating of "Moderate Buy" and an average price target of $77.50.

Cimpress Price Performance

The company has a market cap of $1.62 billion, a P/E ratio of 129.87 and a beta of 1.74. The company has a fifty day simple moving average of $62.06 and a 200-day simple moving average of $51.28.

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

Institutional Trading of Cimpress

Large investors have recently added to or reduced their stakes in the company. Blueshift Asset Management LLC acquired a new stake in Cimpress during the 1st quarter valued at $822,000. Advantage Alpha Capital Partners LP acquired a new stake in Cimpress during the 1st quarter valued at $2,876,000. Wolverine Asset Management LLC acquired a new stake in Cimpress during the 1st quarter valued at $1,037,000. Voya Investment Management LLC raised its stake in Cimpress by 22.6% during the 1st quarter. Voya Investment Management LLC now owns 11,504 shares of the business services provider's stock valued at $520,000 after purchasing an additional 2,124 shares during the period. Finally, Ieq Capital LLC acquired a new stake in Cimpress during the 1st quarter valued at $722,000. 77.64% of the stock is 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.

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