SunTrust Banks upgraded shares of Cimpress (NASDAQ:CMPR) from a hold rating to a buy rating in a research note released on Thursday, reports. They currently have $116.00 target price on the business services provider’s stock, up from their previous target price of $75.00. SunTrust Banks also issued estimates for Cimpress’ FY2025 earnings at $4.78 EPS.

Several other analysts have also recently commented on CMPR. Barrington Research restated a hold rating on shares of Cimpress in a research note on Thursday, July 9th. BidaskClub downgraded shares of Cimpress from a hold rating to a sell rating in a research report on Friday, June 12th. Zacks Investment Research lowered Cimpress from a hold rating to a strong sell rating and set a $79.00 price objective on the stock. in a report on Thursday, July 2nd. Finally, ValuEngine raised Cimpress from a sell rating to a hold rating in a research note on Wednesday, April 1st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $97.50.

Shares of CMPR stock opened at $100.00 on Thursday. The company has a market capitalization of $2.79 billion, a P/E ratio of 38.61, a price-to-earnings-growth ratio of 3.58 and a beta of 1.24. The business’s 50 day moving average is $78.79 and its two-hundred day moving average is $84.10. Cimpress has a twelve month low of $40.80 and a twelve month high of $145.09.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, July 29th. The business services provider reported ($1.62) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.24) by ($0.38). Cimpress had a negative return on equity of 31.89% and a net margin of 3.36%. The company had revenue of $429.11 million for the quarter, compared to analyst estimates of $420.62 million. Research analysts expect that Cimpress will post 1.4 EPS for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Crewe Advisors LLC acquired a new stake in shares of Cimpress in the 2nd quarter worth approximately $188,000. First Trust Advisors LP grew its holdings in Cimpress by 33.3% in the second quarter. First Trust Advisors LP now owns 7,368 shares of the business services provider’s stock valued at $562,000 after purchasing an additional 1,839 shares during the last quarter. APG Asset Management N.V. acquired a new stake in Cimpress in the first quarter valued at $277,000. Voloridge Investment Management LLC increased its position in shares of Cimpress by 110.4% in the first quarter. Voloridge Investment Management LLC now owns 28,400 shares of the business services provider’s stock valued at $1,511,000 after buying an additional 14,905 shares in the last quarter. Finally, Advisor Group Holdings Inc. acquired a new position in shares of Cimpress during the 1st quarter worth $74,000. Institutional investors and hedge funds own 87.83% 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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