Wall Street analysts expect that Cimpress plc (NASDAQ:CMPR) will report $526.92 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Cimpress’ earnings, with the highest sales estimate coming in at $553.83 million and the lowest estimate coming in at $500.00 million. Cimpress reported sales of $597.96 million in the same quarter last year, which indicates a negative year over year growth rate of 11.9%. The business is scheduled to issue its next quarterly earnings results on Tuesday, May 4th.
According to Zacks, analysts expect that Cimpress will report full-year sales of $2.47 billion for the current fiscal year, with estimates ranging from $2.42 billion to $2.52 billion. For the next financial year, analysts forecast that the firm will report sales of $2.68 billion, with estimates ranging from $2.67 billion to $2.69 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow Cimpress.
Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Tuesday, January 26th. The business services provider reported $1.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.83 by ($1.61). Cimpress had a negative return on equity of 11.21% and a net margin of 2.16%.
Institutional investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC lifted its holdings in shares of Cimpress by 232.6% in the third quarter. Nisa Investment Advisors LLC now owns 715 shares of the business services provider’s stock worth $54,000 after acquiring an additional 500 shares during the last quarter. NEXT Financial Group Inc acquired a new stake in Cimpress in the third quarter valued at approximately $98,000. Clear Harbor Asset Management LLC bought a new stake in shares of Cimpress during the third quarter worth $39,000. Los Angeles Capital Management & Equity Research Inc. increased its holdings in shares of Cimpress by 190.3% during the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 38,938 shares of the business services provider’s stock worth $2,927,000 after buying an additional 25,525 shares in the last quarter. Finally, Seizert Capital Partners LLC increased its holdings in shares of Cimpress by 55.0% during the third quarter. Seizert Capital Partners LLC now owns 19,141 shares of the business services provider’s stock worth $1,439,000 after buying an additional 6,792 shares in the last quarter. Hedge funds and other institutional investors own 79.99% of the company’s stock.
Shares of NASDAQ:CMPR traded up $1.96 during trading on Thursday, reaching $97.34. 3,375 shares of the company traded hands, compared to its average volume of 113,534. The firm has a market capitalization of $2.53 billion, a PE ratio of 63.57, a PEG ratio of 1.36 and a beta of 1.56. Cimpress has a 52 week low of $40.80 and a 52 week high of $128.87. The company’s 50 day moving average is $97.18 and its two-hundred day moving average is $89.14.
Cimpress Company Profile
Cimpress plc provides various mass customization services in North America, Europe, and internationally. The company operates through five segments: Vistaprint, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; Internet-based canvas-print wall dÃ©cor, business signage, and other printed products; Web-to print products, including multi-page brochures, folders, flyers, business cards, signs, leaflets, booklets, posters, letterheads, and banners, as well as customized beverage cans; and printed materials, such as signage, print, advertising materials, corporate-wear, and promotional gifts.
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