Zacks Research Weighs in on Cimpress plc’s FY2024 Earnings (NASDAQ:CMPR)

Cimpress plc (NASDAQ:CMPR) – Equities research analysts at Zacks Research lowered their FY2024 earnings estimates for Cimpress in a report released on Thursday, July 18th. Zacks Research analyst R. Department now expects that the business services provider will post earnings per share of $2.88 for the year, down from their previous estimate of $2.89. The consensus estimate for Cimpress’ current full-year earnings is $2.92 per share. Zacks Research also issued estimates for Cimpress’ Q4 2025 earnings at $1.35 EPS, FY2025 earnings at $4.01 EPS, Q1 2026 earnings at $0.75 EPS, Q2 2026 earnings at $2.01 EPS, Q3 2026 earnings at $1.07 EPS, Q4 2026 earnings at $1.53 EPS and FY2026 earnings at $5.36 EPS.

Cimpress (NASDAQ:CMPR) last posted its quarterly earnings results on Wednesday, May 1st. The business services provider reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.14 by ($0.29). The business had revenue of $780.59 million during the quarter, compared to analysts’ expectations of $782.65 million. Cimpress had a net margin of 2.69% and a negative return on equity of 14.44%. During the same quarter in the previous year, the business posted ($0.97) EPS.

CMPR has been the topic of a number of other research reports. StockNews.com lowered shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 6th. Barrington Research reissued an “outperform” rating and set a $113.00 price target on shares of Cimpress in a research report on Tuesday, May 28th.

Cimpress Stock Down 0.6 %

CMPR opened at $91.89 on Monday. The firm has a market capitalization of $2.34 billion, a P/E ratio of 28.36, a P/E/G ratio of 0.80 and a beta of 2.00. The firm’s 50 day moving average is $86.82 and its 200-day moving average is $86.86. Cimpress has a 52-week low of $57.01 and a 52-week high of $100.01.

Hedge Funds Weigh In On Cimpress

A number of hedge funds have recently added to or reduced their stakes in CMPR. Vanguard Group Inc. boosted its holdings in shares of Cimpress by 0.4% during the third quarter. Vanguard Group Inc. now owns 1,630,573 shares of the business services provider’s stock valued at $114,156,000 after acquiring an additional 6,048 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Cimpress by 673.6% during the fourth quarter. SG Americas Securities LLC now owns 31,796 shares of the business services provider’s stock valued at $2,545,000 after acquiring an additional 27,686 shares during the period. VELA Investment Management LLC acquired a new position in shares of Cimpress during the fourth quarter valued at $239,000. Russell Investments Group Ltd. boosted its holdings in shares of Cimpress by 27.5% during the fourth quarter. Russell Investments Group Ltd. now owns 15,327 shares of the business services provider’s stock valued at $1,252,000 after acquiring an additional 3,305 shares during the period. Finally, Auxano Advisors LLC acquired a new position in shares of Cimpress during the fourth quarter valued at $1,065,000. Institutional investors and hedge funds own 77.64% of the company’s stock.

Insiders Place Their Bets

In other Cimpress news, CEO Florian Baumgartner sold 3,410 shares of Cimpress stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $85.18, for a total value of $290,463.80. Following the completion of the transaction, the chief executive officer now owns 29,804 shares of the company’s stock, valued at $2,538,704.72. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold a total of 18,924 shares of company stock valued at $1,584,807 over the last 90 days. 17.90% of the stock is owned by company insiders.

About Cimpress

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.