CafePress Inc. (NASDAQ:PRSS)

CafePress Inc. (NASDAQ:PRSS)

CafePress Inc. (NASDAQ:PRSS) on Tuesday reported fourth-quarter profit of $2.9 million on $43.7 million in revenues. The Louisville, Kentucky-based company said it had profit of $0.17/share. Earnings, adjusted for one-time gains and costs, were $0.22/share. For the year, the company reported a loss of $26.5 million, or $1.58/share. Revenue was reported as $102.2 million.

CafePress Inc. (NASDAQ:PRSS) operates as a global online retailer of personalized products. The company offers gifts and accessories such as T-shirts and apparel, totebags, coffe mugs, and drinkware. It also offers home goods, such as custom rugs and bedding. CafePress Inc. conducts its business through its internet website CafePress.com. The company also operates CafePress branded websites for the United Kingdom, Canada, and Australia markets. It also sells CafePress branded products through other online retail partners. CafePress has partnerships with major entertainment properties such as Marvel, Warner Brothers, 20th Century Fox, ABC, CBS, Peanuts, Pixar, and Universal Pictures, which allows customers to utlize popular brands.

Sales figures have declined steadily since 2011 when the company posted $175.5 million. In 2015 that number was just $104.5 million. Competitive pressures and a pricing strategy that may have been too aggressive have been mentioned as factors in the downtrend. However that trend appears to be slowing given today’s figures. CafePress Inc. (NASDAQ:PRSS) shares are still trading above their 200-day simple moving average and are 20% above their 52-week low. Volumes are pretty thing – average daily volume figure for March 7, 2017 was just 27,900 shares. But traders seem positive on PRSS overall – it has a short float of only 0.28%.

3/8/2017
Ticker Symbol PRSS
Last Price a/o 9:29 AM EST  $                      3.31
Average Volume                      28,000
Market Cap (mlns)  $                    48.34
Sales (mlns) $96.80
Shares Outstanding (mlns) 16.61
Share Float (mlns) 7.99
Shortable Yes
Optionable No
Inside Ownership 21.40%
Short Float 0.28%
Short Interest Ratio 0.81
Quarterly Return -3.32%
YTD Return -1.02%
Year Return -24.22%

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance.

Author: James Marion

James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.

Leave a Reply

Your email address will not be published. Required fields are marked *