Cimpress (NASDAQ:CMPR) Releases Earnings Results, Misses Estimates By $0.16 EPS

Cimpress (NASDAQ:CMPR) announced its quarterly earnings results on Wednesday. The business services provider reported $2.36 EPS for the quarter, missing analysts’ consensus estimates of $2.52 by ($0.16), Zacks reports. Cimpress had a net margin of 4.69% and a negative return on equity of 27.15%.

Cimpress Price Performance

NASDAQ CMPR traded up $1.38 on Wednesday, reaching $74.23. The company had a trading volume of 153,313 shares, compared to its average volume of 125,733. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 12.75, a P/E/G ratio of 0.66 and a beta of 2.09. Cimpress has a fifty-two week low of $58.05 and a fifty-two week high of $104.92. The business has a 50 day moving average of $75.83 and a two-hundred day moving average of $81.59.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Truist Financial dropped their price target on Cimpress from $120.00 to $110.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Barrington Research reiterated an “outperform” rating and issued a $119.00 price target on shares of Cimpress in a research note on Wednesday. Finally, StockNews.com upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 23rd.

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.