Cimpress (NASDAQ:CMPR) Releases Earnings Outcomes, Misses Expectations By $1.92 EPS

Cimpress (NASDAQ:CMPR) Releases Earnings Outcomes, Misses Expectations By $1.92 EPS

Cimpress (NASDAQ:CMPR – Get Ranking) launched its earnings outcomes on Wednesday. The enterprise companies supplier reported ($2.75) earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of ($0.83) by ($1.92), MarketWatch Earnings reviews. Cimpress had a damaging internet margin of 1.54% and a damaging return on fairness of 1.47%.

Cimpress inventory opened at $53.44 on Friday. Cimpress has a 12 month low of $51.56 and a 12 month excessive of $122.30. The inventory’s 50 day transferring common is $62.55 and its 200-day transferring common is $71.73. The corporate has a market capitalization of $1.39 billion, a price-to-earnings ratio of -32.59, a PEG ratio of two.53 and a beta of 1.49.

A number of institutional traders have just lately purchased and bought shares of CMPR. Morgan Stanley grew its place in shares of Cimpress by 34.5% within the second quarter. Morgan Stanley now owns 89,520 shares of the enterprise companies supplier’s inventory valued at $9,704,000 after buying an extra 22,952 shares over the past quarter. Royal Financial institution of Canada boosted its stake in shares of Cimpress by 14.4% within the third quarter. Royal Financial institution of Canada now owns 1,720 shares of the enterprise companies supplier’s inventory valued at $149,000 after shopping for an extra 217 shares throughout the interval. Financial institution of New York Mellon Corp boosted its stake in shares of Cimpress by 3.6% within the third quarter. Financial institution of New York Mellon Corp now owns 63,938 shares of the enterprise companies supplier’s inventory valued at $5,551,000 after shopping for an extra 2,199 shares throughout the interval. Citigroup Inc. boosted its stake in shares of Cimpress by 65.6% within the fourth quarter. Citigroup Inc. now owns 6,785 shares of the enterprise companies supplier’s inventory valued at $486,000 after shopping for an extra 2,687 shares throughout the interval. Lastly, JPMorgan Chase & Co. boosted its stake in shares of Cimpress by 44.9% within the fourth quarter. JPMorgan Chase & Co. now owns 40,246 shares of the enterprise companies supplier’s inventory valued at $2,882,000 after shopping for an extra 12,472 shares throughout the interval. 80.88% of the inventory is presently owned by institutional traders.

A lot of equities analysts have weighed in on the corporate. Truist Monetary lowered their worth goal on Cimpress from $138.00 to $130.00 in a analysis report on Friday, January twenty eighth. Zacks Funding Analysis raised Cimpress from a “promote” ranking to a “maintain” ranking and set a $70.00 worth goal on the inventory in a analysis report on Tuesday, April fifth. Lastly, StockNews.com assumed protection on Cimpress in a analysis report on Thursday, March thirty first. They set a “purchase” ranking on the inventory.

Cimpress Firm Profile (Get Ranking)

Cimpress plc supplies varied mass customization companies in North America, Europe, and internationally. The corporate operates by way of 5 segments: Vistaprint, PrintBrothers, The Print Group, Nationwide Pen, and All Different Companies. It provides printed and digital advertising merchandise; internet-based canvas-print wall décor, enterprise signage, and different printed merchandise; web-to print merchandise, together with multi-page brochures, folders, flyers, enterprise playing cards, indicators, leaflets, booklets, posters, letterheads, and banners, in addition to personalized beverage cans; and printed supplies, similar to signage, print, promoting supplies, corporate-wear, and promotional items.

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Earnings History for Cimpress (NASDAQ:CMPR)

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The post Cimpress (NASDAQ:CMPR) Releases Earnings Outcomes, Misses Expectations By $1.92 EPS appeared first on India Express Online.

Source: Around the Globe

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