Wealth Enhancement Advisory Services LLC Makes New Investment in Cimpress plc $CMPR

Key Points

• Wealth Enhancement Advisory Services LLC acquired a new stake in Cimpress plc, purchasing 9,135 shares valued at approximately $454,000.
• Cimpress has recently received mixed analyst ratings, with Barrington Research raising its price target to $77.00 while Wall Street Zen downgraded it to a "hold" rating.
• Despite missing quarterly earnings expectations with an EPS of ($1.02), Cimpress reported revenue of $869.48 million, surpassing consensus estimates.

Wealth Enhancement Advisory Services LLC acquired a new stake in Cimpress plc (NASDAQ:CMPR - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,135 shares of the business services provider's stock, valued at approximately $454,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Cimpress by 2.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,992 shares of the business services provider's stock valued at $452,000 after purchasing an additional 282 shares during the last quarter. Signaturefd LLC increased its stake in Cimpress by 341.6% in the 1st quarter. Signaturefd LLC now owns 605 shares of the business services provider's stock valued at $27,000 after buying an additional 468 shares during the last quarter. Summit Securities Group LLC bought a new position in shares of Cimpress during the 1st quarter worth approximately $32,000. Headlands Technologies LLC purchased a new position in shares of Cimpress in the 1st quarter worth approximately $34,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Cimpress by 15.8% in the first quarter. PNC Financial Services Group Inc. now owns 5,795 shares of the business services provider's stock valued at $262,000 after acquiring an additional 789 shares in the last quarter. 77.64% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on CMPR. Barrington Research boosted their price target on shares of Cimpress from $70.00 to $77.00 and gave the stock an "outperform" rating in a report on Wednesday, October 1st. Citigroup reaffirmed an "outperform" rating on shares of Cimpress in a research report on Wednesday, October 1st. Wall Street Zen cut shares of Cimpress from a "buy" rating to a "hold" rating in a research note on Saturday. Truist Financial increased their target price on shares of Cimpress from $74.00 to $78.00 and gave the company a "buy" rating in a research report on Wednesday, September 17th. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Cimpress in a report on Saturday, September 27th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $77.50.

Cimpress Price Performance

Shares of CMPR opened at $63.45 on Tuesday. Cimpress plc has a 1-year low of $35.21 and a 1-year high of $85.56. The company has a market capitalization of $1.55 billion, a P/E ratio of 124.41 and a beta of 1.74. The firm's 50 day simple moving average is $60.14 and its 200 day simple moving average is $49.91.

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

Cimpress 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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