Back to top

Bull of the Day

VistaPrint, Ltd.'s (VPRT) earnings for the third quarter of fiscal 2012 were well ahead of the Zacks Consensus Estimate, driven primarily by higher-than-expected revenue growth. The company is expanding inorganically with the acquisition of Dutch photo book company Albumprinter and Webs, as well as forming strategic partnerships with companies like Staples.

Apart from inorganic growth, the company's long- term organic growth guidance looks commendable. Also, the company is gradually emerging as an international company. Although VistaPrint s 2012 performance could be challenging due to a few planned investments, which could weigh on its bottom line, we believe this downside risk is already reflected on the current share price.

Hence, we upgrade the stock from a Neutral to Outperform recommendation. Our six-month target price of $39.00 equates to 37.1x our earnings estimate for fiscal 2012. This price target implies an expected total return of around 19.0% over that period.

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
PLANAR SYST… PLNR 4.44 +5.21%
BITAUTO HOL… BITA 81.71 +5.12%
CTPARTNERS… CTP 16.66 +4.26%
CHINA BIOLO… CBPO 47.91 +3.30%
MALLINCKROD… MNK 72.94 +2.85%