Cimpress (CMPR) Stock Rating Lowered by ValuEngine
ValuEngine downgraded shares of Cimpress (NASDAQ:CMPR) from a hold rating to a sell rating in a report issued on Friday morning.
Several other brokerages have also issued reports on CMPR. Zacks Investment Research raised shares of Cimpress from a sell rating to a hold rating in a report on Monday, February 5th. BidaskClub raised shares of Cimpress from a buy rating to a strong-buy rating in a report on Wednesday, February 7th. Aegis lowered shares of Cimpress from a hold rating to a sell rating and set a $110.00 price objective on the stock. in a report on Friday, January 26th. Barrington Research reissued a buy rating and set a $125.00 price objective (up from $110.00) on shares of Cimpress in a report on Tuesday, November 14th. Finally, SunTrust Banks reissued a hold rating and set a $113.00 price objective on shares of Cimpress in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $109.50.
Shares of Cimpress (CMPR) traded down $0.87 during mid-day trading on Friday, reaching $160.91. 485,780 shares of the company traded hands, compared to its average volume of 371,796. The stock has a market capitalization of $4,961.06, a price-to-earnings ratio of -191.56, a price-to-earnings-growth ratio of 5.32 and a beta of -0.15. The company has a current ratio of 0.44, a quick ratio of 0.33 and a debt-to-equity ratio of 6.43. Cimpress has a 12 month low of $78.80 and a 12 month high of $169.63.
In other Cimpress news, CFO Sean Edward Quinn sold 766 shares of Cimpress stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $163.99, for a total value of $125,616.34. Following the transaction, the chief financial officer now directly owns 566 shares of the company’s stock, valued at $92,818.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert S. Keane sold 6,251 shares of Cimpress stock in a transaction on Monday, December 11th. The stock was sold at an average price of $120.13, for a total transaction of $750,932.63. The disclosure for this sale can be found here. Insiders sold 116,023 shares of company stock worth $14,801,586 over the last ninety days. Corporate insiders own 11.80% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new position in Cimpress in the third quarter worth $119,000. Macquarie Group Ltd. purchased a new position in Cimpress in the third quarter worth $156,000. Dean Capital Investments Management LLC purchased a new position in Cimpress in the fourth quarter worth $224,000. Strs Ohio grew its holdings in Cimpress by 42.9% in the fourth quarter. Strs Ohio now owns 2,000 shares of the business services provider’s stock worth $239,000 after purchasing an additional 600 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in Cimpress in the fourth quarter worth $264,000.
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Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.
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