Weiss Ratings Reaffirms Sell (D) Rating for Cimpress (NASDAQ:CMPR)

Key Points

• Weiss Ratings has reaffirmed a "sell (D)" rating for Cimpress (NASDAQ:CMPR), indicating continued concerns about the company's performance.
• While Weiss Ratings is bearish, several analysts have recently boosted their price targets for Cimpress, with Barrington Research raising it to $77.00 and Truist Financial to $78.00.
• Cimpress reported a loss of ($1.02) EPS for its last quarter, missing estimates, but saw revenue of $869.48 million, exceeding analyst expectations.

Cimpress (NASDAQ:CMPR - Get Free Report)'s stock had its "sell (d)" rating reiterated by equities research analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

Other analysts have also issued reports about the stock. Barrington Research upped their price objective on shares of Cimpress from $70.00 to $77.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 1st. Truist Financial upped their price objective on shares of Cimpress from $74.00 to $78.00 and gave the stock a "buy" rating in a research note on Wednesday, September 17th. Citigroup reaffirmed an "outperform" rating on shares of Cimpress in a research note on Wednesday, October 1st. Finally, Wall Street Zen lowered shares of Cimpress from a "buy" rating to a "hold" rating in a research note on Saturday, October 4th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Cimpress currently has an average rating of "Moderate Buy" and an average target price of $77.50.

Cimpress Stock Performance

Cimpress stock traded up $1.06 during mid-day trading on Friday, hitting $67.35. The company's stock had a trading volume of 108,392 shares, compared to its average volume of 124,638. Cimpress has a one year low of $35.21 and a one year high of $85.56. The stock has a market cap of $1.65 billion, a PE ratio of 132.06 and a beta of 1.74. The company has a 50 day moving average of $62.59 and a 200-day moving average of $51.84.

Cimpress (NASDAQ:CMPR - Get Free Report) last announced its quarterly earnings results 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 analysts' expectations of $844.24 million. Cimpress has set its FY 2026 guidance at EPS. On average, equities research analysts forecast that Cimpress will post 3.69 EPS for the current fiscal year.

Institutional Investors Weigh In On Cimpress

A number of hedge funds have recently made changes to their positions in the stock. Diamond Hill Capital Management Inc. lifted its stake in shares of Cimpress by 55.6% during the 1st 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. Rubric Capital Management LP purchased a new stake in Cimpress in the second quarter valued at about $26,387,000. AQR Capital Management LLC raised its stake in Cimpress by 89.0% in the second quarter. AQR Capital Management LLC now owns 296,184 shares of the business services provider's stock valued at $13,921,000 after buying an additional 139,482 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Cimpress by 3.6% in the second quarter. Hantz Financial Services Inc. now owns 279,308 shares of the business services provider's stock valued at $13,127,000 after buying an additional 9,597 shares during the last quarter. Finally, Bandera Partners LLC purchased a new stake in Cimpress in the first quarter valued at about $10,403,000. 77.64% of the stock is currently 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.

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