Cimpress (NASDAQ:CMPR) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Thursday.

A number of other equities research analysts also recently weighed in on the company. Barrington Research set a $165.00 target price on Cimpress and gave the stock a “buy” rating in a report on Wednesday, September 26th. Zacks Investment Research downgraded Cimpress from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $134.67.

Shares of Cimpress stock traded up $0.40 during midday trading on Thursday, reaching $115.06. The company had a trading volume of 157,528 shares, compared to its average volume of 144,666. The firm has a market cap of $3.52 billion, a P/E ratio of 135.36, a P/E/G ratio of 1.43 and a beta of 0.28. The company has a debt-to-equity ratio of 11.31, a current ratio of 0.55 and a quick ratio of 0.39. Cimpress has a fifty-two week low of $99.16 and a fifty-two week high of $171.76.

Cimpress (NASDAQ:CMPR) last issued its earnings results on Wednesday, October 31st. The business services provider reported ($0.47) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.25). The business had revenue of $588.98 million during the quarter, compared to the consensus estimate of $615.35 million. Cimpress had a return on equity of 19.98% and a net margin of 0.22%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.72 earnings per share. Equities analysts anticipate that Cimpress will post 3.07 earnings per share for the current fiscal year.

In other news, Director John J. Gavin, Jr. sold 9,548 shares of the business’s stock in a transaction that occurred on Friday, November 2nd. The stock was sold at an average price of $113.61, for a total transaction of $1,084,748.28. Following the completion of the sale, the director now owns 9,548 shares in the company, valued at $1,084,748.28. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Cornelis David Arends acquired 400 shares of the firm’s stock in a transaction dated Wednesday, November 21st. The shares were purchased at an average price of $114.41 per share, with a total value of $45,764.00. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 800 shares of company stock valued at $91,134. 18.40% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CMPR. Tower Research Capital LLC TRC increased its holdings in shares of Cimpress by 320.9% during the third quarter. Tower Research Capital LLC TRC now owns 888 shares of the business services provider’s stock valued at $122,000 after acquiring an additional 677 shares in the last quarter. Stone Ridge Asset Management LLC bought a new stake in Cimpress during the third quarter worth $227,000. Capital Fund Management S.A. bought a new stake in Cimpress during the third quarter worth $260,000. Rehmann Capital Advisory Group grew its holdings in Cimpress by 13,371.7% during the third quarter. Rehmann Capital Advisory Group now owns 48,633 shares of the business services provider’s stock worth $356,000 after buying an additional 48,272 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Cimpress during the third quarter worth $376,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Cimpress Company Profile

Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.

Read More: Hedge Funds – How They Work For Investors

Receive News & Ratings for Cimpress Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cimpress and related companies with MarketBeat.com's FREE daily email newsletter.