Cimpress NV (CMPR) was Downgraded by Cantor Fitzgerald to ” Hold”. Earlier the firm had a rating of “Buy ” on the company shares. Cantor Fitzgerald advised their investors in a research report released on Apr 26, 2016.
On the company’s financial health, Cimpress NV reported $1.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.13 according to the earnings call on Jan 27, 2016. Analyst had a consensus of $1.67. The company had revenue of $496.30 million for the quarter, compared to analysts expectations of $489.38 million. The company’s revenue was up 12.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.12 EPS.
Cimpress NV opened for trading at $93.79 and hit $95.15 on the upside on Friday, eventually ending the session at $94.38, with a gain of 0.46% or 0.43 points. The heightened volatility saw the trading volume jump to 2,38,648 shares. Company has a market cap of $2,958 M.
In a different news, on Apr 22, 2016, Katryn Blake (Pres, Vistaprint Business Unit) sold 922 shares at $95.00 per share price. According to the SEC, on Mar 8, 2016, Donald R Nelson (Chief Operating Officer) sold 5,887 shares at $90.00 per share price. On Mar 8, 2016, Mark Thomas (director) sold 30 shares at $90.00 per share price, according to the Form-4 filing with the securities and exchange commission.
Cimpress NV formerly Vistaprint NV is a technology and manufacturing company based in the Netherlands which provides professional marketing products and services. It is engaged in mass customization and Web-to-print technology. The Company aggregates via the Internet large volumes of individually small customized orders for a spectrum of print signage apparel and similar products. Its portfolio of brands is aimed at three target groups: small and micro businesses graphic professionals and home and family customers and includes such brands as Vistaprint pagemodo webs Araprint Drukwerkdeal.nl Pixartprinting Printdeal.be printi albelli FotoKnudsen and Onskefoto among others. Its products are available in more than 130 countries.