Cimpress (NASDAQ:CMPR) Reaches New 12-Month Low – Should You Sell?

Cimpress plc (NASDAQ:CMPR)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $40.62 and last traded at $41.80, with a volume of 62689 shares. The stock had previously closed at $43.42.

Wall Street Analyst Weigh In

CMPR has been the topic of several recent analyst reports. Barrington Research reiterated an “outperform” rating and set a $119.00 target price on shares of Cimpress in a report on Wednesday, January 29th. StockNews.com upgraded shares of Cimpress from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 8th. Finally, Truist Financial lowered their price objective on shares of Cimpress from $110.00 to $87.00 and set a “buy” rating for the company in a research report on Friday, January 31st.

Cimpress Stock Performance

The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 6.88, a price-to-earnings-growth ratio of 0.50 and a beta of 1.94. The stock has a 50-day moving average of $49.98 and a 200-day moving average of $67.78.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data on Wednesday, January 29th. The business services provider reported $2.36 EPS for the quarter, missing analysts’ consensus estimates of $2.52 by ($0.16). Cimpress had a negative return on equity of 27.64% and a net margin of 4.75%. Sell-side analysts predict that Cimpress plc will post 3.69 EPS for the current fiscal year.

Insider Activity at Cimpress

In other news, CFO Sean Edward Quinn acquired 5,000 shares of the stock in a transaction dated Friday, March 14th. The shares were bought at an average cost of $41.50 per share, for a total transaction of $207,500.00. Following the purchase, the chief financial officer now directly owns 20,224 shares of the company’s stock, valued at approximately $839,296. This trade represents a 32.84 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 17.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Cimpress

Institutional investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio bought a new position in shares of Cimpress during the 3rd quarter worth approximately $29,000. Quarry LP bought a new position in Cimpress during the third quarter worth $111,000. Point72 Asset Management L.P. acquired a new position in shares of Cimpress in the third quarter valued at $115,000. Vestcor Inc acquired a new position in shares of Cimpress in the fourth quarter valued at $144,000. Finally, Mayfair Advisory Group LLC bought a new position in shares of Cimpress in the fourth quarter valued at about $204,000. Institutional investors and hedge funds own 77.64% of the company’s stock.

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.