Zacks Investment Research Downgrades CafePress (PRSS) to Sell
Zacks Investment Research lowered shares of CafePress (NASDAQ:PRSS) from a hold rating to a sell rating in a report issued on Tuesday.
According to Zacks, “CafePress, Inc. provides an e-commerce platform empowering individuals, groups, businesses and organizations to create, buy and sell customized and personalized products online. The Company’s portfolio of brands includes CafePress.com, Canvas On Demand, ImageKind, CafePress Pro, and Canvas On Demand Pro. It markets its services worldwide. CafePress, Inc. is headquartered in San Mateo, California. “
Separately, ValuEngine upgraded shares of CafePress from a sell rating to a hold rating in a research note on Sunday, December 31st.
CafePress (NASDAQ:PRSS) last issued its quarterly earnings results on Thursday, November 2nd. The information services provider reported ($0.22) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.10). CafePress had a negative net margin of 7.63% and a negative return on equity of 16.72%. analysts expect that CafePress will post -0.41 EPS for the current fiscal year.
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CafePress Company Profile
CafePress Inc is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The Company conducts its business on its primary United States-based domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia.
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