Cimpress (NASDAQ:CMPR) Stock Rating Upgraded by SunTrust Banks
SunTrust Banks upgraded shares of Cimpress (NASDAQ:CMPR) from a hold rating to a buy rating in a research note released on Thursday, AnalystRatings.com 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.
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.
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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