Published On: Wed, Sep 14th, 2016

CafePress (PRSS) – Investment Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for CafePress (NASDAQ: PRSS):

9/12/2016 – CafePress had its “hold” rating reaffirmed by analysts at Jefferies Group. They now have a $3.50 price target on the stock.
9/9/2016 – CafePress had its “hold” rating reaffirmed by analysts at Cantor Fitzgerald.
9/6/2016 – CafePress had its “hold” rating reaffirmed by analysts at Jefferies Group. They now have a $3.50 price target on the stock.
8/28/2016 – CafePress had its “hold” rating reaffirmed by analysts at Cantor Fitzgerald.
8/10/2016 – CafePress was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $3.50 price target on the stock. According to Zacks, “CafePress, Inc. provides an e-commerce platform empowering individuals, groups, businesses and organizations to create, buy and sell customized and personalized products online. The Company’s portfolio of brands includes CafePress.com, Canvas On Demand, ImageKind, CafePress Pro, and Canvas On Demand Pro. It markets its services worldwide. CafePress, Inc. is headquartered in San Mateo, California. “
7/18/2016 – CafePress had its “hold” rating reaffirmed by analysts at Jefferies Group. They now have a $4.50 price target on the stock.

CafePress Inc. (NASDAQ:PRSS) traded up 0.66% during midday trading on Wednesday, hitting $3.02. The stock had a trading volume of 10,421 shares. The company’s market cap is $50.40 million. CafePress Inc. has a one year low of $2.88 and a one year high of $4.85. The stock’s 50-day moving average is $3.06 and its 200-day moving average is $3.33.
CafePress (NASDAQ:PRSS) last released its quarterly earnings data on Thursday, August 4th. The company reported ($0.08) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.08). CafePress had a negative net margin of 28.02% and a negative return on equity of 6.02%. The business earned $19.80 million during the quarter, compared to analysts’ expectations of $19.20 million. During the same quarter in the prior year, the company earned ($0.03) EPS. The firm’s quarterly revenue was down 8.8% on a year-over-year basis. Equities analysts predict that CafePress Inc. will post ($0.18) EPS for the current fiscal year.

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In other news, major shareholder Lloyd I. Miller III acquired 33,500 shares of the stock in a transaction that occurred on Wednesday, June 29th. The stock was acquired at an average price of $3.00 per share, for a total transaction of $100,500.00. Following the transaction, the insider now directly owns 1,233,500 shares in the company, valued at $3,700,500. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Lloyd I. Miller III acquired 11,554 shares of the stock in a transaction that occurred on Wednesday, August 31st. The stock was purchased at an average price of $2.97 per share, with a total value of $34,315.38. Following the transaction, the insider now owns 1,233,500 shares in the company, valued at $3,663,495. The disclosure for this purchase can be found here. 28.80% of the stock is currently owned by corporate insiders.
CafePress Inc is an online retailer of personalized products offering various gifts and accessories, including t-shirts and apparel, mugs and drinkware, and home goods, such as custom shower curtains and bed coverings. The Company conducts its business on its primary United States-based domain, CafePress.com, and also operates CafePress branded Websites for the markets in the United Kingdom, Canada and Australia.

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