Cimpress NV (CMPR) was Initiated by Aegis Capital to “Hold” and the brokerage firm has set the Price Target at $85. Aegis Capital advised their investors in a research report released on Nov 30, 2016.
Many Wall Street Analysts have commented on Cimpress NV. Axiom Capital Upgraded Cimpress NV on Oct 31, 2016 to ” Hold”, Price Target of the shares are set at $82.
On the company’s financial health, Cimpress NV reported $-0.92 EPS for the quarter, missing the analyst consensus estimate by $ -1.22 based on the information available during the earnings call on Oct 26, 2016. Analyst had a consensus of $0.30. The company had revenue of $443.70 million for the quarter, compared to analysts expectations of $458.10 million. The company’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.
Cimpress NV opened for trading at $87.67 and hit $88.57 on the upside on Tuesday, eventually ending the session at $87.98, with a gain of 0.95% or 0.83 points. The heightened volatility saw the trading volume jump to 2,47,780 shares. Company has a market cap of $2,785 M.
In a different news, on Nov 22, 2016, Wilhelm G.a. Jacobs (EVP, Chief Supply Chain Off.) sold 5,500 shares at $85.17 per share price. According to the SEC, on Nov 17, 2016, Katryn Blake (Pres, Vistaprint Business Unit) sold 778 shares at $85.00 per share price. On Nov 2, 2016, Cornelius David Arends (EVP, Pres Upload & Print Bus.) purchased 2,050 shares at $83.50 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.