Analysts fell to the sidelines weighing in on Cimpress (NASDAQ:CMPR) and Wayfair Inc (NYSE:W) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
Cimpress (CMPR)
SunTrust Robinson analyst Youssef Squali maintained a Hold rating on Cimpress today and set a price target of $155. The company’s shares opened today at $140.61.
Squali observed:
“We maintain a Hold on CMPR on the back of uninspiring F4Q18 results, with lower revenues, higher EBITDA/FCF and expectations for slower growth going forward. Similar to F3Q18, growth in core Vistaprint and U&P segments were slightly weaker than expected, and mgt’s commentary suggests this trend is likely to persist. Mgt has reset growth expectations for these two segments to high single digit/low double digits, respectively, with greater focus on profits/ ROIC. We are moving our PT to $155 from $144 as we shift to year-end and view ~13x FY19 EBITDA and ~27x FCF asfairly valued. Results vs. estimates. Revenue was $631M, up 12% on a reported basis and 11% FXN, vs. our $642M. The top line miss was in large part due to Vistaprint (VBU) and Upload & Print (U&P) under performance.”
According to TipRanks.com, Squali is a top 100 analyst with an average return of 20.6% and a 70.8% success rate. Squali covers the Services sector, focusing on stocks such as Blue Apron Holdings Inc, Trade Desk Inc, and Alibaba.
The word on The Street in general, suggests a Hold analyst consensus rating for Cimpress with a $143.33 average price target.
See today’s analyst top recommended stocks >>
Wayfair Inc (W)
Robert W. Baird analyst Colin Sebastian maintained a Hold rating on Wayfair Inc today and set a price target of $100. The company’s shares opened today at $116.25.
According to TipRanks.com, Sebastian is a top 25 analyst with an average return of 26.2% and a 73.5% success rate. Sebastian covers the Technology sector, focusing on stocks such as Activision Blizzard, Paypal Holdings, and ChannelAdvisor.
Wayfair Inc has an analyst consensus of Moderate Buy, with a price target consensus of $116, representing a -0.2% downside. In a report issued on July 25, Gordon Haskett Capital Corporation also downgraded the stock to Hold with a $126 price target.
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