Barrington analyst Kevin Steinke maintained a Buy rating on Cimpress (NASDAQ: CMPR) yesterday and set a price target of $165. The company’s shares closed yesterday at $139.21.
According to TipRanks.com, Steinke is a 3-star analyst with an average return of 5.8% and a 62.5% success rate. Steinke covers the Services sector, focusing on stocks such as Cross Country Healthcare, Echo Global Logistics, and Heidrick & Struggles.
Cimpress has an analyst consensus of Hold, with a price target consensus of $143.33.
See today’s analyst top recommended stocks >>
Based on Cimpress’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $7.3 million. In comparison, last year the company had a GAAP net loss of $34.7 million.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CMPR in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cimpress NV engages in the business of printing technology. Its activities include manufacture and sale customized orders of print, signage, apparel, and similar products. It operates through the Exaprint, pixartprinting, and vistaprint brands. The company was founded by Robert S. Keane in January 1995 and is headquartered in Venlo, the Netherlands.
