FY2027 EPS Estimates for Cimpress Reduced by Zacks Research

Cimpress plc (NASDAQ:CMPR - Free Report) - Research analysts at Zacks Research cut their FY2027 earnings per share estimates for Cimpress in a research note issued on Thursday, July 17th. Zacks Research analyst R. Department now anticipates that the business services provider will earn $2.82 per share for the year, down from their prior estimate of $3.08. The consensus estimate for Cimpress' current full-year earnings is $3.69 per share.

Several other equities research analysts also recently commented on the company. Wall Street Zen downgraded Cimpress from a "strong-buy" rating to a "buy" rating in a report on Monday, May 5th. Barrington Research reduced their price objective on Cimpress from $95.00 to $65.00 and set an "outperform" rating for the company in a report on Friday, May 9th. Finally, Truist Financial reduced their price objective on Cimpress from $87.00 to $60.00 and set a "buy" rating for the company in a report on Monday, May 5th.

Cimpress Price Performance

NASDAQ CMPR traded down $0.32 during trading hours on Monday, hitting $48.47. The company's stock had a trading volume of 186,524 shares, compared to its average volume of 289,450. Cimpress has a 12 month low of $35.21 and a 12 month high of $104.92. The company's 50 day simple moving average is $45.47 and its two-hundred day simple moving average is $49.14. The company has a market cap of $1.21 billion, a P/E ratio of 8.27 and a beta of 1.77.

Cimpress (NASDAQ:CMPR - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The business services provider reported ($0.33) EPS for the quarter, missing the consensus estimate of $0.61 by ($0.94). Cimpress had a negative return on equity of 27.85% and a net margin of 4.61%. The business had revenue of $789.47 million during the quarter, compared to the consensus estimate of $798.02 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Janus Henderson Group PLC boosted its position in Cimpress by 6.8% in the fourth quarter. Janus Henderson Group PLC now owns 3,041,361 shares of the business services provider's stock worth $218,126,000 after purchasing an additional 194,034 shares during the last quarter. Vanguard Group Inc. boosted its position in Cimpress by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 1,833,202 shares of the business services provider's stock worth $131,477,000 after purchasing an additional 13,988 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its position in Cimpress by 55.6% in the first quarter. Diamond Hill Capital Management Inc. now owns 921,661 shares of the business services provider's stock worth $41,687,000 after purchasing an additional 329,466 shares during the last quarter. ArrowMark Colorado Holdings LLC boosted its position in Cimpress by 30.0% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 884,076 shares of the business services provider's stock worth $63,406,000 after purchasing an additional 203,806 shares during the last quarter. Finally, Nuveen Asset Management LLC boosted its position in Cimpress by 3.5% in the fourth quarter. Nuveen Asset Management LLC now owns 703,955 shares of the business services provider's stock worth $50,488,000 after purchasing an additional 24,040 shares during the last quarter. 77.64% of the stock is owned by hedge funds and other institutional investors.

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.