Cimpress (CMPR) to Release Earnings on Wednesday

Cimpress (NASDAQ:CMPR) will release its earnings data after the market closes on Wednesday, May 1st. Analysts expect Cimpress to post earnings of $0.14 per share for the quarter. Cimpress has set its FY 2024 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Cimpress (NASDAQ:CMPR) last released its quarterly earnings results on Wednesday, January 31st. The business services provider reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.90. Cimpress had a negative return on equity of 10.76% and a net margin of 1.31%. The business had revenue of $921.36 million during the quarter, compared to analyst estimates of $901.13 million. On average, analysts expect Cimpress to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Cimpress Stock Up 2.2 %

NASDAQ CMPR opened at $90.90 on Wednesday. The stock’s 50-day moving average price is $91.48 and its 200-day moving average price is $79.47. The company has a market capitalization of $2.42 billion, a P/E ratio of 60.20, a price-to-earnings-growth ratio of 1.15 and a beta of 1.97. Cimpress has a 52 week low of $42.78 and a 52 week high of $100.01.

Insider Buying and Selling

In other Cimpress news, CEO Florian Baumgartner sold 5,683 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $89.97, for a total value of $511,299.51. Following the sale, the chief executive officer now owns 33,793 shares in the company, valued at approximately $3,040,356.21. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Cimpress news, CFO Sean Edward Quinn sold 6,959 shares of the stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $90.00, for a total transaction of $626,310.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Florian Baumgartner sold 5,683 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $89.97, for a total transaction of $511,299.51. Following the completion of the sale, the chief executive officer now owns 33,793 shares in the company, valued at $3,040,356.21. The disclosure for this sale can be found here. Over the last quarter, insiders sold 28,841 shares of company stock worth $2,656,348. 17.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Barrington Research increased their price objective on shares of Cimpress from $100.00 to $113.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Truist Financial increased their price target on Cimpress from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd.

Cimpress Company Profile

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.