Analysts expect Cimpress NV (NASDAQ:CMPR) to report $631.58 million in sales for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Cimpress’ earnings, with the highest sales estimate coming in at $641.05 million and the lowest estimate coming in at $622.10 million. Cimpress reported sales of $588.98 million during the same quarter last year, which indicates a positive year-over-year growth rate of 7.2%. The business is expected to announce its next quarterly earnings results after the market closes on Wednesday, October 30th.
According to Zacks, analysts expect that Cimpress will report full year sales of $2.86 billion for the current year, with estimates ranging from $2.83 billion to $2.88 billion. For the next financial year, analysts expect that the business will report sales of $2.99 billion, with estimates ranging from $2.95 billion to $3.03 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Cimpress.
Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, July 31st. The business services provider reported $1.28 EPS for the quarter, topping the consensus estimate of $0.54 by $0.74. Cimpress had a net margin of 3.46% and a return on equity of 85.75%. The firm had revenue of $674.71 million for the quarter, compared to analysts’ expectations of $657.51 million. During the same period in the previous year, the firm posted ($0.24) EPS. The company’s revenue for the quarter was up 6.9% on a year-over-year basis.
In related news, EVP Donald Leblanc sold 6,653 shares of the stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $116.81, for a total value of $777,136.93. Following the completion of the transaction, the executive vice president now owns 18,227 shares of the company’s stock, valued at approximately $2,129,095.87. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 18.40% of the stock is owned by corporate insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Wasatch Advisors Inc. increased its position in Cimpress by 4.9% in the 2nd quarter. Wasatch Advisors Inc. now owns 830,884 shares of the business services provider’s stock valued at $75,519,000 after acquiring an additional 38,999 shares during the period. Bares Capital Management Inc. increased its position in Cimpress by 13.1% in the 2nd quarter. Bares Capital Management Inc. now owns 430,811 shares of the business services provider’s stock valued at $39,156,000 after acquiring an additional 49,825 shares during the period. BBT Capital Management LLC acquired a new position in Cimpress in the 2nd quarter valued at approximately $397,000. GSA Capital Partners LLP acquired a new position in Cimpress in the 2nd quarter valued at approximately $295,000. Finally, Atria Investments LLC acquired a new position in Cimpress in the 2nd quarter valued at approximately $236,000. Hedge funds and other institutional investors own 88.42% of the company’s stock.
Shares of Cimpress stock traded up $4.04 during trading on Friday, hitting $128.82. 318,156 shares of the stock were exchanged, compared to its average volume of 210,788. The stock has a market capitalization of $3.91 billion, a price-to-earnings ratio of 40.38, a price-to-earnings-growth ratio of 1.83 and a beta of 0.11. The company has a fifty day moving average price of $122.32 and a 200-day moving average price of $99.08. Cimpress has a 1-year low of $73.74 and a 1-year high of $134.37. The company has a current ratio of 0.46, a quick ratio of 0.33 and a debt-to-equity ratio of 8.00.
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.
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