Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

U.S. stock markets are facing fluctuations in early 2024 after a sharp rally in 2023. The euphoria surrounding technology stocks evaporated as the yield on the benchmark 10-Year U.S. Treasury Note returned northward, trading well above 4%.This was primarily owing to the uncertainty regarding the time of the Fed’s first cut in the benchmark interest rate. Recently, several key Fed FOMC members said that they believe the rate hike regime is over. However, they are yet to be convinced that the economic conditi ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...

Cimpress plc (CMPR) reported second-quarter fiscal 2024 (ended Dec 31, 2023) adjusted earnings of $2.14 per share, which surpassed the Zacks Consensus Estimate of $1.24. Cimpress incurred a loss of 46 cents per share in the year-ago quarter. Following this better-than-expected performance, shares of the company have gained 1.9% since the earnings release on Jan 31.Top-Line DetailsTotal revenues in the fiscal second quarter were $921.4 million, reflecting an increase of 9% from $845.2 million in the year-ago ...

Shares of Cimpress (CMPR 21.68%) rose 21.7% on Thursday after the mass-customization specialist announced strong fiscal second-quarter 2024 results.Cimpress is firing on all cylindersFor its fiscal second quarter 2024 ended Dec. 31, 2023, Cimpress' revenue grew 9% year over year to $921.4 million. This translated to net income of $58.1 million, or $2.14 per share. Analysts, on average, were only expecting earnings of $1.24 per share on revenue of $892.1 million. Cimpress CEO Robert Keane credited the compan ...

Cimpress plc (NASDAQ:CMPR) Q2 2024 Results Conference Call February 1, 2024 8:00 AM ET Company Participants Meredith Burns - Vice President of Investor Relations and Sustainability Robert Keane - Founder; Chairman and Chief Executive Officer Sean Quinn - EVP and Chief Financial Officer Operator Welcome to the Cimpress Q2 Fiscal Year 2024 Earnings follow-up call. I will introduce Meredith Burns, Vice President of Investor Relations and Sustainability. Meredith Burns Thank you, Michelle, and thank you everyo ...

For the quarter ended December 2023, Cimpress (CMPR) reported revenue of $921.36 million, up 9% over the same period last year. EPS came in at $2.14, compared to -$0.46 in the year-ago quarter.The reported revenue represents a surprise of +2.25% over the Zacks Consensus Estimate of $901.13 million. With the consensus EPS estimate being $1.24, the EPS surprise was +72.58%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...

Revenue Growth - Revenue increased by 9% to $921.4 million in Q2 FY2024[114] - Organic constant-currency revenue growth was 6% in Q2 FY2024[115] - Revenue increased by 8% to $1,678.7 million year-to-date FY2024[117] - Organic constant-currency revenue growth was 5% year-to-date FY2024[117] - Total segment revenue for Q3 2023 reached $934.4 million, a 9.1% increase compared to $856.3 million in Q3 2022[6] - National Pen revenue grew to $130.6 million in Q3 2023, up 8.3% from $120.6 million in Q3 2022[6] - The Print Group's revenue increased to $93.3 million in Q3 2023, a 4.4% growth compared to $89.3 million in Q3 2022[6] - Revenue growth in the Vista business was driven by an increase in total customer count and revenue per customer, with strong growth in consumer products during the seasonally significant second fiscal quarter[16] Operating Performance - Operating income increased by $74.1 million to $107.7 million in Q2 FY2024[115] - Adjusted EBITDA increased by $55.3 million to $166.4 million in Q2 FY2024[115] - Vista segment EBITDA increased to $103.2 million in Q3 2023, up from $55.2 million in Q3 2022, representing an 87% growth[125] - Total segment EBITDA for Q3 2023 was $183.8 million, a 55.1% increase from $118.5 million in Q3 2022[125] - Adjusted EBITDA increased by $98.4 million to $255.2 million, driven by operating income growth, partially offset by $8.0 million and $11.5 million of unfavorable currency impacts for the three and six months ended December 31, 2023, respectively[18] - Operating income increased by $126.2 million to $141.8 million, driven by higher gross profit, gross margin expansion, improved advertising leverage, and reduced operating expenses, including lower restructuring costs of $10.7 million and $12.9 million for the three and six months ended December 31, 2023, respectively[17] Financial Position - Total accrued expenses increased to $265,461 as of December 31, 2023[136] - Total debt outstanding, net decreased to $1,612,025 as of December 31, 2023[140] - Weighted-average interest rate on outstanding borrowings under the Restated Credit Agreement was 7.91% as of December 31, 2023[145] - Income tax expense decreased to $16,795 for Q2 FY2024 compared to $126,129 in Q2 FY2023[149] - Long-lived assets in the United States decreased to $70,927 million from $83,956 million due to the reclassification of a tax receivable from non-current to current[11] - The company had $208.1 million in unrecorded purchase commitments as of December 31, 2023, including $93.4 million for inventory and fulfillment[12] Cash Flow and Capital Expenditures - Net cash provided by operating activities for the six months ended December 31, 2023 was $217.2 million, a 289% increase from $55.9 million in the same period of 2022[1] - Cash from operations increased by $161.3 million year over year, primarily due to higher operating income and a favorable shift in working capital inflows of $88.7 million, partially offset by higher cash taxes of $15.3 million and net cash interest payments of $14.7 million[20] - Total purchases of property, plant, and equipment for the six months ended December 31, 2023, were $33,955 million, compared to $26,490 million in the prior year, with significant increases in PrintBrothers and National Pen segments[9] Depreciation, Amortization, and Development Costs - Total depreciation and amortization for the three months ended December 31, 2023, was $39,089, a decrease from $40,874 in the same period in 2022[126] - Total capitalization of software and website development costs for the six months ended December 31, 2023, was $28,344, slightly down from $29,246 in 2022[127] Derivatives and Hedging - The fair value of derivatives designated as hedging instruments as of December 31, 2023, was $14,362 for assets and $(2,456) for liabilities[129] - The net amount of currency forward contracts not designated as hedging instruments was $89 for assets and $(4,761) for liabilities as of December 31, 2023[129] - Interest rate swaps designated as hedging instruments resulted in a net loss of $8,081 for the three months ended December 31, 2023[130] - Cross-currency swaps designated as hedging instruments resulted in a net loss of $2,190 for the three months ended December 31, 2023[130] - Total derivatives designated as hedging instruments resulted in a net loss of $19,590 for the three months ended December 31, 2023[130] - Interest rate swaps reclassified from accumulated other comprehensive loss into income resulted in a net loss of $2,274 for the three months ended December 31, 2023[130] - Cross-currency swaps reclassified from accumulated other comprehensive loss into income resulted in a net gain of $2,230 for the three months ended December 31, 2023[130] - Total before income tax for derivatives designated as hedging instruments was a net loss of $44 for the three months ended December 31, 2023[130] - The company's most significant net currency exposures by volume are in the Euro and British Pound, with currency hedging aimed at reducing volatility in forecasted U.S. dollar-equivalent adjusted EBITDA[227] Regional Revenue Contribution - North America accounted for $435.5 million of total revenue in Q3 2023, representing 47.3% of total segment revenue[6] - Europe contributed $449.0 million to total revenue in Q3 2023, representing 48.8% of total segment revenue[6] Central and Corporate Costs - Central and corporate costs totaled $35.9 million in Q3 2023, up 6.4% from $33.8 million in Q3 2022[125] Earnings Per Share - Diluted net income per share attributable to Cimpress plc increased to $2.31 from a loss of $6.31 in the prior fiscal year, primarily due to higher operating income and a decrease in income tax expense of $109.3 million and $110.6 million for the three and six months ended December 31, 2023, respectively[19]

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...