Cimpress N.V to Post Q1 2018 Earnings of ($0.31) Per Share, SunTrust Banks Forecasts (CMPR)

Cimpress N.V (NASDAQ:CMPR) – Analysts at SunTrust Banks increased their Q1 2018 earnings estimates for shares of Cimpress N.V in a research note issued to investors on Thursday. SunTrust Banks analyst M. Thornton now forecasts that the business services provider will post earnings of ($0.31) per share for the quarter, up from their prior estimate of ($0.36). SunTrust Banks also issued estimates for Cimpress N.V’s Q2 2018 earnings at $1.33 EPS, Q3 2018 earnings at $0.09 EPS, Q4 2018 earnings at $0.12 EPS, FY2018 earnings at $1.24 EPS and FY2019 earnings at $1.80 EPS.

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Several other brokerages have also commented on CMPR. Zacks Investment Research lowered shares of Cimpress N.V from a “strong-buy” rating to a “hold” rating in a research report on Friday. BidaskClub upgraded shares of Cimpress N.V from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 12th. ValuEngine lowered shares of Cimpress N.V from a “hold” rating to a “sell” rating in a research report on Friday. Cantor Fitzgerald restated a “hold” rating on shares of Cimpress N.V in a research report on Monday, June 26th. Finally, Jefferies Group LLC restated a “hold” rating and set a $84.00 target price on shares of Cimpress N.V in a research report on Thursday, April 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. Cimpress N.V presently has an average rating of “Hold” and an average target price of $87.40.

Cimpress N.V (NASDAQ CMPR) traded up 1.60% during midday trading on Monday, hitting $89.65. The company had a trading volume of 180,110 shares. Cimpress N.V has a 52 week low of $78.80 and a 52 week high of $104.18. The firm’s 50 day moving average is $92.69 and its 200-day moving average is $87.82. The firm’s market capitalization is $2.82 billion.

Several large investors have recently added to or reduced their stakes in the company. Janus Capital Management LLC raised its stake in Cimpress N.V by 18.8% in the first quarter. Janus Capital Management LLC now owns 4,013,452 shares of the business services provider’s stock valued at $345,919,000 after buying an additional 634,662 shares in the last quarter. FMR LLC raised its stake in Cimpress N.V by 12.8% in the first quarter. FMR LLC now owns 2,600,000 shares of the business services provider’s stock valued at $224,094,000 after buying an additional 295,000 shares in the last quarter. Vanguard Group Inc. raised its stake in Cimpress N.V by 3.1% in the first quarter. Vanguard Group Inc. now owns 1,575,872 shares of the business services provider’s stock valued at $135,824,000 after buying an additional 47,128 shares in the last quarter. BlackRock Inc. raised its stake in Cimpress N.V by 49,794.4% in the first quarter. BlackRock Inc. now owns 1,121,627 shares of the business services provider’s stock valued at $96,674,000 after buying an additional 1,119,379 shares in the last quarter. Finally, Turtle Creek Asset Management Inc. raised its stake in Cimpress N.V by 41.4% in the first quarter. Turtle Creek Asset Management Inc. now owns 492,653 shares of the business services provider’s stock valued at $42,462,000 after buying an additional 144,262 shares in the last quarter. Institutional investors and hedge funds own 99.41% of the company’s stock.

In related news, insider Katryn Blake sold 1,916 shares of the business’s stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $90.00, for a total value of $172,440.00. Following the sale, the insider now directly owns 13,331 shares in the company, valued at approximately $1,199,790. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Sean Edward Quinn sold 1,660 shares of the business’s stock in a transaction dated Friday, July 7th. The stock was sold at an average price of $95.00, for a total transaction of $157,700.00. Following the completion of the sale, the chief financial officer now owns 2,422 shares in the company, valued at $230,090. The disclosure for this sale can be found here. Insiders have sold a total of 6,608 shares of company stock worth $615,281 over the last 90 days. Insiders own 11.50% of the company’s stock.

About Cimpress N.V

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.

Earnings History and Estimates for Cimpress N.V (NASDAQ:CMPR)

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