Bank of America restated their underperform rating on shares of Cimpress NV (NASDAQ:CMPR) in a research report report published on Saturday, Marketbeat.com reports. The firm currently has a $62.00 price target on the stock, up from their prior price target of $55.00.

Shares of Cimpress NV (NASDAQ:CMPR) traded up 0.95% during trading on Friday, hitting $78.52. 443,110 shares of the stock were exchanged. The firm has a market capitalization of $2.47 billion and a P/E ratio of 36.08. The firm has a 50 day moving average price of $78.17 and a 200 day moving average price of $77.78. Cimpress NV has a 52 week low of $63.15 and a 52 week high of $94.57.

Cimpress NV (NASDAQ:CMPR) last posted its earnings results on Wednesday, January 27th. The company reported $1.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.13. The company had revenue of $496.30 million for the quarter, compared to analyst estimates of $491.30 million. The business’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.12 EPS. Analysts forecast that Cimpress NV will post $3.66 EPS for the current fiscal year.

In related news, insider Ernst Teunissen sold 10,565 shares of Cimpress NV stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $80.16, for a total transaction of $846,890.40. Following the sale, the insider now directly owns 31,868 shares of the company’s stock, valued at approximately $2,554,538.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Donald R. Nelson sold 4,200 shares of Cimpress NV stock in a transaction that occurred on Monday, January 11th. The shares were sold at an average price of $80.00, for a total transaction of $336,000.00. Following the sale, the insider now directly owns 32,667 shares in the company, valued at $2,613,360. The disclosure for this sale can be found here.

Several large investors recently made changes to their positions in the stock. Nationwide Fund Advisors raised its stake in shares of Cimpress NV by 2.3% in the fourth quarter. Nationwide Fund Advisors now owns 21,520 shares of the company’s stock valued at $1,746,000 after buying an additional 481 shares during the period. California State Teachers Retirement System raised its stake in shares of Cimpress NV by 1.7% in the fourth quarter. California State Teachers Retirement System now owns 60,828 shares of the company’s stock valued at $4,936,000 after buying an additional 1,016 shares during the period. Rice Hall James & Associates LLC raised its stake in shares of Cimpress NV by 72.4% in the fourth quarter. Rice Hall James & Associates LLC now owns 183,008 shares of the company’s stock valued at $14,849,000 after buying an additional 76,830 shares during the period. Finally, Janus Capital Management raised its stake in shares of Cimpress NV by 15.6% in the third quarter. Janus Capital Management now owns 2,268,271 shares of the company’s stock valued at $172,638,000 after buying an additional 306,178 shares during the period.

Several other analysts have also recently weighed in on the stock. TheStreet upgraded shares of Cimpress NV from a hold rating to a buy rating in a research note on Friday, October 16th. Barrington Research lifted their price objective on shares of Cimpress NV from $80.00 to $95.00 and gave the stock an outperform rating in a research note on Friday, December 4th. Zacks Investment Research cut shares of Cimpress NV from a hold rating to a sell rating in a research note on Thursday. Cantor Fitzgerald reiterated a buy rating and issued a $86.00 price objective on shares of Cimpress NV in a research note on Tuesday, December 22nd. Finally, SunTrust lifted their price objective on shares of Cimpress NV from $75.00 to $88.00 and gave the stock a neutral rating in a research note on Wednesday, December 30th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $79.38.

Cimpress NV, formerly Vistaprint NV, is a technology and manufacturing company based in the Netherlands, which provides professional marketing products and services. It is engaged in mass customization and Web-to-print technology. The Company aggregates, via the Internet, large volumes of individually small, customized orders for a spectrum of print, signage, apparel and similar products. Its portfolio of brands is aimed at three target groups: small and micro businesses, graphic professionals, and home and family customers, and includes such brands as Vistaprint, pagemodo, webs, Araprint, Drukwerkdeal.nl, Pixartprinting, Printdeal.be, printi, albelli, FotoKnudsen, and Onskefoto, among others. Its products are available in more than 130 countries.

12 Month Chart for NASDAQ:CMPR

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