Barrington Research Downgrades Cimpress NV to Market Perform

Brokerage firm Barrington Research Downgrades its rating on Cimpress NV(NASDAQ:CMPR). The shares have been rated Market Perform. Previously, the analysts had a Outperform rating on the shares. The rating by Barrington Research was issued on Jun 15, 2016.

In a different note, On Jun 1, 2016, Axiom said it Downgrades its rating on Cimpress NV. The shares have been rated ‘Sell’ by the firm. On May 26, 2016, Cowen & Company said it Maintains its rating on Cimpress NV. In the research note, the firm Raises the price-target to $80.00 per share. The shares have been rated ‘Market Perform’ by the firm. On Apr 26, 2016, Cantor Fitzgerald said it Downgrades its rating on Cimpress NV. The shares have been rated ‘Hold’ by the firm.

Cimpress NV (CMPR) shares turned negative on Tuesdays trading session with the shares closing down -0.3 points or -0.32% at a volume of 3,06,411. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $96.82. The peak price level was also seen at $96.82 while the days lowest was $94.75. Finally the shares closed at $94.92. The 52-week high of the shares is $101.765 while the 52-week low is $63.15. According to the latest information available, the market cap of the company is $2,987 M.

Cimpress NV(CMPR) last announced its earnings results on Apr 27, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $436.82M. Analysts had an estimated revenue of $464.41M. Earnings per share were $0.77. Analysts had estimated an EPS of $0.81.

Several Insider Transactions has been reported to the SEC. On Jun 8, 2016, Robert S Keane (CEO, President) sold 31,805 shares at $100.17 per share price.Also, On Jun 3, 2016, Katryn Blake (Pres, Vistaprint Business Unit) sold 723 shares at $99.41 per share price.On May 18, 2016, Sean Edward Quinn (SVP, Chief Financial Officer) sold 275 shares at $94.95 per share price, according to the Form-4 filing with the securities and exchange commission.

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 Pixartprinting printi albelli FotoKnudsen and Onskefoto among others. Its products are available in more than 130 countries.

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