Why Cimpress (CMPR) is a Top Momentum Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Is This 1 Momentum Stock a Screaming Buy Right Now?
For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
Cimpress (CMPR)
Cimpress plc is an online supplier of high-quality graphic design services and customized printed products to small businesses and consumers. Its product offerings include business cards, brochures and websites, and e-commerce platforms, calendars, address labels, note pads and signage, among others. With the use of proprietary web-based design software and advanced computer integrated printing facilities, the company has a competitive advantage over traditional graphic design and printing methods. It has production facilities in the United States, Austria, China, Brazil, Australia, Canada, India, France, Japan, Italy, the U.K., Ireland, Mexico and the Netherlands. Cimpress plc was originally known as Compress N.V. On Dec 3, 2019, Cimpress N.V. shifted its incorporation site from the Netherlands to Ireland by completing a cross-border merger. In the merger, Cimpress N.V. (originally a Dutch public limited company) merged with and into Cimpress plc (an Irish public limited company), in which the latter survived the merger. The company reports its revenues under four segments:
CMPR is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of A and VGM Score of A. Shares are down 1.5% over the past one week and up 20.2% over the past four weeks. CMPR has gained 159.7% in the last one-year period as well. Looking at trading volume, an average of 89,237.55 shares exchanged hands over the last 20 trading days.
A company's earnings performance is important for momentum investors as well. For fiscal 2024, three analysts revised their earnings estimate higher in the last 60 days for CMPR, while the Zacks Consensus Estimate has increased $0.46 to $2.84 per share. CMPR also boasts an average earnings surprise of 111.6%.
CMPR should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.
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Cimpress plc (CMPR) : Free Stock Analysis Report
