Vistaprint Retains ‘Outperform’ Rating (VPRT)

Vistaprint N.V.'s

management is focused on growing its market share of small business marketing spending, which currently accounts for only 2 percent of the company's revenues. According to William Blair & Company, Vistaprint (

) also largely escaped the negative impact of the European debt crisis. The company had only marginal exposure to European countries. Although the Euro decline is likely to impact its revenue, the company also has its expenses denominated in Euros, thus creating a natural hedge. The company is not expected to release any formal guidance until the time of their fourth-quarter earnings release; however it expects continued strong returns. William Blair & Company has given an ‘Outperform’ rating to the stock.