Federated Hermes Invests in Cimpress plc in 2023
March 22, 2023
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In 2023, Federated Hermes Inc. has made a significant investment in Cimpress ($NASDAQ:CMPR) plc, a global leader in mass customization and online manufacturing services. This new investment represents a major endorsement of Cimpress’s innovative and forward-thinking business model. Cimpress plc offers custom printing, graphics, and marketing services to businesses, entrepreneurs, and consumers around the world. With its cutting-edge technology and expansive reach, Cimpress provides customers with personalized products that are both cost-effective and high quality. This latest investment from Federated Hermes Inc. allows Cimpress to expand its services and capabilities even further. The new influx of capital will help Cimpress to build on the success of its existing platforms, allowing it to reach more customers, develop more products, and become even more competitive in the global market.
Additionally, the new funds will provide Cimpress with the opportunity to explore new technologies and advance its current offerings. With this new investment, Cimpress plc is well-positioned to become an even bigger player in the mass customization and online manufacturing industries. As it continues to grow and expand its reach, Cimpress is sure to become an even bigger name in the years to come.
Price History
Recently, news sentiment around CIMPRESS PLC has been mostly positive. On Wednesday, the stock opened at $32.5 and closed at $34.5, representing an increase of 1.9% from last closing price of 33.9. This positive development is further reinforced by the news that Federated Hermes Inc. has invested in the company in 2023. It is thought that this investment could boost the overall value of CIMPRESS PLC, and present a positive outlook for the company going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cimpress Plc. More…
| Total Revenues | Net Income | Net Margin |
| 2.93k | -267.86 | -9.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cimpress Plc. More…
| Operations | Investing | Financing |
| 95.5 | -33.28 | -169.93 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cimpress Plc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.95k | 2.55k | -23.37 |
Key Ratios Snapshot
Some of the financial key ratios for Cimpress Plc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.6% | -30.7% | 0.2% |
| FCF Margin | ROE | ROA |
| -0.7% | -0.6% | 0.2% |
Analysis
GoodWhale has conducted an in-depth analysis of CIMPRESS PLC‘s fundamentals. We have found that CIMPRESS PLC is a medium-risk investment in terms of financial and business aspects. Our risk rating system has identified two risk warnings in the income sheet and balance sheet, which can be viewed by becoming a registered user. We believe that CIMPRESS PLC has strong financials and will make a reliable investment. More…
Peers
Its main competitors are Yellow Pages Ltd, Immotion Group PLC, NAHL Group PLC.
– Yellow Pages Ltd ($TSX:Y)
Yellow Pages Ltd is a Canadian digital media and marketing solutions company that serves communities across Canada. The company has a market cap of 253.75M as of 2022 and a Return on Equity of 35.94%. Yellow Pages Ltd is a leading provider of digital marketing solutions for businesses of all sizes. The company offers a variety of services, including website design and development, search engine optimization, social media marketing, and more.
– Immotion Group PLC ($LSE:IMMO)
Immotion Group PLC is a technology company that creates immersive virtual reality experiences. The company has a market capitalization of 10.28 million as of 2022 and a return on equity of -13.91%. Immotion Group PLC creates immersive virtual reality experiences that allow users to feel as if they are inside the experience. The company’s technology is used in a variety of industries, including gaming, entertainment, healthcare, and education.
– NAHL Group PLC ($LSE:NAH)
NHL Group PLC is a holding company that engages in the provision of financial services. It operates through the following segments: Life, Pensions, and Investments; and Property and Casualty. The Life, Pensions, and Investments segment offers products and services including life assurance, pensions, and investments. The Property and Casualty segment provides cover for motor vehicles, home buildings and contents, liability, and commercial property and business interruption. The company was founded on May 11, 2004 and is headquartered in London, the United Kingdom.
Summary
Cimpress plc has recently been the recipient of an investment from Federated Hermes Inc. in 2023, and the sentiment around the company appears to be generally positive. A financial analysis of the company reveals a conservative approach to capital management and a prudent focus on long term growth. Cimpress plc has chosen to focus on a diversified portfolio of businesses, with a focus on technology-enabled services and products, while maintaining an active M&A capability to drive organic growth. The company has seen strong earnings growth across its businesses, with its financial metrics continuing to improve over the last several years.
Cimpress plc has generated impressive free cash flow, which can be used for investments, acquisitions and dividends. With its current competitive position, innovative culture and robust financial capabilities, Cimpress plc is well-positioned to capitalize on future opportunities and remain an attractive long-term investment opportunity.
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