Cimpress (NASDAQ:CMPR) Stock Price Crosses Above 50-Day Moving Average of $92.17

Cimpress NV (NASDAQ:CMPR)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $92.17 and traded as high as $95.01. Cimpress shares last traded at $91.47, with a volume of 97,054 shares changing hands.

Several brokerages have issued reports on CMPR. BidaskClub downgraded shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 11th. Aegis reaffirmed a “hold” rating and issued a $80.00 price target on shares of Cimpress in a research note on Wednesday, June 5th. ValuEngine raised shares of Cimpress from a “sell” rating to a “hold” rating in a research note on Thursday, May 23rd. Finally, Barrington Research reaffirmed a “buy” rating and issued a $100.00 price target on shares of Cimpress in a research note on Friday, May 17th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Cimpress currently has a consensus rating of “Hold” and a consensus price target of $111.67.

The company has a quick ratio of 0.40, a current ratio of 0.53 and a debt-to-equity ratio of 8.71. The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of 106.93, a price-to-earnings-growth ratio of 1.72 and a beta of 0.01. The firm has a 50 day simple moving average of $92.29.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings results on Tuesday, April 30th. The business services provider reported $0.21 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.19). Cimpress had a return on equity of 62.17% and a net margin of 1.98%. The company had revenue of $661.84 million during the quarter, compared to analyst estimates of $667.57 million. During the same period last year, the company posted ($0.07) earnings per share. The company’s revenue was up 4.1% compared to the same quarter last year. Analysts expect that Cimpress NV will post 2.47 earnings per share for the current fiscal year.

In other news, EVP Donald Leblanc sold 5,621 shares of the company’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $88.08, for a total value of $495,097.68. Following the transaction, the executive vice president now directly owns 28,651 shares of the company’s stock, valued at $2,523,580.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 18.40% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its position in Cimpress by 0.7% during the fourth quarter. BlackRock Inc. now owns 1,111,969 shares of the business services provider’s stock worth $114,998,000 after buying an additional 8,190 shares during the last quarter. FMR LLC increased its position in Cimpress by 9.7% during the first quarter. FMR LLC now owns 800,546 shares of the business services provider’s stock worth $64,148,000 after buying an additional 70,901 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Cimpress by 3.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 655,353 shares of the business services provider’s stock worth $67,780,000 after buying an additional 24,236 shares during the last quarter. Rice Hall James & Associates LLC increased its position in Cimpress by 2.9% during the first quarter. Rice Hall James & Associates LLC now owns 317,487 shares of the business services provider’s stock worth $25,440,000 after buying an additional 8,879 shares during the last quarter. Finally, Dorsey Asset Management LLC increased its position in Cimpress by 11.8% during the fourth quarter. Dorsey Asset Management LLC now owns 217,373 shares of the business services provider’s stock worth $22,481,000 after buying an additional 23,027 shares during the last quarter. 86.97% of the stock is currently owned by institutional investors and hedge funds.

About Cimpress (NASDAQ:CMPR)

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.

See Also: Straddles

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.