Barrington Research has reiterated its coverage of Cimpress (NASDAQ:CMPR) and has maintained its Outperform rating, according to Fintel reports published on May 25, 2023. As of May 11, 2023, the one-year price target for the company is 68.34, representing an increase of 37.12% compared to the latest reported closing price of 49.84. The average projected annual revenue for Cimpress is $3,137MM, indicating a boost of 4.09%. Furthermore, the average projected non-GAAP EPS for the company is -0.29.
The number of funds or institutions reporting positions in Cimpress has increased by 1, totaling to 298 owners, or 0.34%, as per Fintel. The average portfolio weight of all funds devoted to CMPR has also increased to 0.22%, reflecting an increase of 10.95%. Additionally, the total shares owned by these institutions have declined by 1.16% over the last three months, reaching 26,245K shares.
Prescott General Partners owns 3,906K shares, representing 14.84% of the company’s ownership, while Janus Henderson Group holds 2,656K shares, accounting for 10.09% of ownership. Spruce House Investment Management owns 2,359K shares, equating to 8.96% ownership, whereas JAENX – Janus Henderson Enterprise Fund Class T owns 2,155K shares, representing 8.19% ownership. Finally, ArrowMark Colorado Holdings owns 1,493K shares, or 5.67% ownership.
Cimpress’ businesses include BuildASign, Exaprint, National Pen, Pixartprinting, Printdeal, Printi, Vistaprint, and WIRmachenDRUCK, all of which are focused on customer-centric mass customization strategies.
The story is originally published on Fintel. Please note that the views and opinions expressed based on the Fintel report are the author’s own and do not represent Nasdaq, Inc.
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