Cimpress (NASDAQ:CMPR) was downgraded by research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Wednesday, BidAskClub reports.

Several other brokerages also recently commented on CMPR. ValuEngine downgraded shares of Cimpress from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Barrington Research reiterated a “hold” rating on shares of Cimpress in a research report on Wednesday, November 20th. SunTrust Banks reissued a “hold” rating and set a $128.00 target price on shares of Cimpress in a research note on Thursday, November 14th. Finally, TheStreet upgraded Cimpress from a “c+” rating to a “b-” rating in a report on Friday, October 18th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $102.67.

Shares of CMPR opened at $121.87 on Wednesday. The business’s 50-day moving average price is $133.61 and its 200 day moving average price is $113.22. The company has a current ratio of 0.49, a quick ratio of 0.34 and a debt-to-equity ratio of 8.00. The stock has a market capitalization of $3.40 billion, a P/E ratio of 38.20, a P/E/G ratio of 1.39 and a beta of 0.05. Cimpress has a 1-year low of $73.74 and a 1-year high of $145.09.

Cimpress (NASDAQ:CMPR) last announced its earnings results on Wednesday, October 30th. The business services provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.42 by $0.24. The company had revenue of $634.00 million during the quarter, compared to analysts’ expectations of $629.98 million. Cimpress had a net margin of 4.64% and a return on equity of 173.17%. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the company posted ($0.47) earnings per share. On average, research analysts predict that Cimpress will post 4.38 earnings per share for the current year.

In other Cimpress news, insider Scott J. Vassalluzzo sold 750,000 shares of Cimpress stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $135.00, for a total transaction of $101,250,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 19.00% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC boosted its stake in shares of Cimpress by 59.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 414 shares of the business services provider’s stock valued at $55,000 after buying an additional 154 shares during the period. Quadrant Capital Group LLC raised its holdings in shares of Cimpress by 80.5% during the third quarter. Quadrant Capital Group LLC now owns 518 shares of the business services provider’s stock worth $67,000 after acquiring an additional 231 shares in the last quarter. Quantamental Technologies LLC purchased a new stake in shares of Cimpress during the second quarter worth $100,000. Royal Bank of Canada boosted its position in Cimpress by 105.6% during the second quarter. Royal Bank of Canada now owns 1,439 shares of the business services provider’s stock valued at $132,000 after purchasing an additional 739 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. boosted its position in Cimpress by 18.3% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,858 shares of the business services provider’s stock valued at $169,000 after purchasing an additional 288 shares during the last quarter. Institutional investors own 91.28% of the company’s stock.

About Cimpress

Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.

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