Topeka Capital Initiates Coverage on VistaPrint (VPRT)

By admin | 6 years ago

Topeka Capital initiated coverage on shares of VistaPrint (NASDAQ: VPRT) in a research note issued on Tuesday. The firm set a “buy” rating on the stock.

A number of other analysts have also recently weighed in on VPRT. Analysts at Zacks upgraded shares of VistaPrint from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, March 26th. They now have a $42.00 price target on the stock. Analysts at Stephens initiated coverage on shares of VistaPrint in a research note to investors on Wednesday, March 14th. They set an “overweight” rating on the stock.

VistaPrint traded up 1.91% on Tuesday, hitting $37.88. VistaPrint has a 52-week low of $23.89 and a 52-week high of $50.46. The company has a market cap of $1.401 billion and a price-to-earnings ratio of 27.78.

VistaPrint last posted its quarterly earnings results on Thursday, April 26th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.03. The company’s revenue for the quarter was up 26.5% on a year-over-year basis. Analysts expect that VistaPrint will post $0.32 EPS next quarter.

Vistaprint N.V., formerly VistaPrint Limited is an online provider of coordinated portfolios of customized marketing products and services to micro businesses worldwide.

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