Cimpress NV (CMPR) is Reiterated by Axiom Capital to Sell, Lowers Price Target to $ 80

Cimpress NV (CMPR) was Reiterated by Axiom Capital to “Sell” while Lowering the Price Target of the company shares to $ 80 from a previous price target of $84 . Axiom Capital advised their investors in a research report released on Jul 29, 2016.

Many Wall Street Analysts have commented on Cimpress NV. Cimpress NV was Downgraded by Barrington Research to ” Mkt Perform” on Jun 15, 2016. Axiom Capital Downgraded Cimpress NV on Jun 1, 2016 to ” Sell”, Price Target of the shares are set at $84.

On the company’s financial health, Cimpress NV reported $0.51 EPS for the quarter, missing the analyst consensus estimate by $ -0.31 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.82. The company had revenue of $479.20 million for the quarter, compared to analysts expectations of $455.27 million. The company’s revenue was up 25.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.

Cimpress NV closed down -1.18 points or -1.25% at $93.07 with 8,51,542 shares getting traded on Thursday. Post opening the session at $90.16, the shares hit an intraday low of $88.31 and an intraday high of $95.28 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Jun 8, 2016, Robert S Keane (CEO, President) sold 31,805 shares at $100.17 per share price. According to the SEC, on Jun 3, 2016, Katryn Blake (Pres, Vistaprint Business Unit) sold 723 shares at $99.41 per share price. On May 18, 2016, Sean Edward Quinn (SVP, Chief Financial Officer) sold 275 shares at $94.95 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 Pixartprinting printi albelli FotoKnudsen and Onskefoto among others. Its products are available in more than 130 countries.

Cimpress NV

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Cimpress NV - Is it time to Sell?

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