Why Cimpress (CMPR) Could Be Positioned for a Surge
Cimpress plc CMPR is an online supplier of high-quality graphic design services and customized printed products that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CMPR’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Cimpress could be a solid choice for investors.
Current Quarter Estimates for CMPR
In the past 30 days, two estimates have gone higher for Cimpress while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 69 cents a share 30 days ago, to $1.07 today, a move of 55.1%.
Current Year Estimates for CMPR
Meanwhile, Cimpress’ current year figures are also looking quite promising, with two estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $4.53 per share 30 days ago to $10.03 per share today, an increase of 121.4%.
Cimpress plc Price and EPS Surprise
Cimpress plc price-eps-surprise | Cimpress plc Quote
Bottom Line
The stock has also started to move higher lately, adding 14.9% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
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Cimpress N.V (CMPR) : Free Stock Analysis Report
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