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Cenveo, Inc
Type
Public
Traded as NYSE: CVO
Industry Diversified Printing Company
Area served
U.S., Canada, India, Asia, Caribbean Rim
Key people
Robert Burton, Sr. (CEO)
Products Commercial printing, envelopes, label manufacturing, packaging and publisher services.
Revenue Decrease $1.66 Billion (2016)
Operating income
Increase $0.158 Billion (2016)
Net income
Increase $0.068 Billion (2016)
Total assets Decrease $0.913 Billion (2016)
Total equity Increase $-0.590 Billion (2016)
Number of employees
Decrease 7,300 (2016)
Subsidiaries Lightning Labels, Dealer, Discount Labels, Lancer Label, Synergy, Rx Technology, Nashua (labels); Gilbreth, Rex (packaging); Quality Park, National Footprint (envelopes); Cadmus (journal, book
Website cenveo.com

Cenveo is a Fortune 1000 company based in Stamford, Connecticut engaged in the manufacture of various print-related products. Founded in 1921 as Denver-based Rockmont Envelope, the company's products and services include printed labels, packaging and digital print products, print magazine and book solutions, mailing solutions and creative services, and inventory and warehouse management software.

Before changing its name to Cenveo, the company was known as Mail-Well, which was derived from Denver's Rockmont Envelope. After changing ownership several times and acquiring and divesting various label and packing operations, the company changed its name to Cenveo in 2004. Cenveo spent the next few years streamlining its product and service offerings, adding Cadmus Communications to its company lineup in 2007, which made Cenveo one of the "largest printing companies in North America."

Under its new name and corporate identity, Cenveo first attempted to purchase Banta Corporation, a Wisconsin-based printing and supply chain management company, in August 2006. The $1.21 billion offer was turned down by Banta's then-chairperson and CEO Stephanie Streeter, who then sold the company months later to RR Donnelley for $1.3 billion.

After Cenveo successfully purchased Cadmus Communications in 2007, which gave Cenveo a stronger hold on the scientific and technical journal-printing market, it sought to add other companies to its expanding operations. Cenveo acquired Commercial Envelope and PC Ink, otherwise known as Printegra, also in 2007, which extended product and service offerings to the printed envelope, label and business form industry.

Cenveo focused next on purchasing companies to expand its commercial offerings, buying California-based Madison/Graham ColorGraphics and Rex Corp. in 2007 and 2008, respectively.

The company did not add another company to its growing list of acquisitions until 2009 when it purchased Nashua Corporation, which increased Cenveo's offerings in the specialty paper and pharmaceutical label industry.

Cenveo also made acquisitions in the publisher services segment by acquiring Glyph International (2010) and Nesbitt Graphics (2011), both full service book production companies.

In 2012, Cenveo sold its Forms and Business Documents Group to Ennis. In September 2013, Cenveo purchased the operating assets of its bankrupt competitor, National Envelope Corporation, for $25 million.

By the end of 2015, the Burton family will have received over $70 million in compensation from their Cenveo employment.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2018 2018-05-07 Future report Set alerts
Q4 2017 2018-02-20 Future report Set alerts
Q3 2017 2017-11-08 -2.27 -2.27
Q2 2017 2017-08-02 -0.22 -0.09
Q1 2017 2017-05-03 -1.02 -1.02
Q4 2016 2017-02-22 -0.21 -0.21
Q3 2016 2016-11-02 0.98 0.92
Q2 2016 2016-08-03 5.10 4.40
Q1 2016 2016-05-11 1.26 1.36
Q4 2015 2016-02-17 -2.08 -0.48

Ratings

2015-09-03 Reiterated Rating Imperial Capital Outperform $3.75
2014-12-11 Initiated Coverage Macquarie Underperform to Outperform
2014-06-23 Boost Price Target CRT Capital Buy $3.75 to $5.50
2012-12-19 Upgrade Imperial Capital In-line to Outperform
2012-04-16 Upgrade Imperial Capital Underperform to In-line $1.75 to $2.75
2015-09-03 Reiterated Rating Imperial Capital Outperform $3.75
2014-12-11 Initiated Coverage Macquarie Underperform to Outperform
2014-06-23 Boost Price Target CRT Capital Buy $3.75 to $5.50
2012-12-19 Upgrade Imperial Capital In-line to Outperform
2012-04-16 Upgrade Imperial Capital Underperform to In-line $1.75 to $2.75

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In CVO 0 funds of 2184 total. Show all

Fund name Ticker shares

Major Shareholders

Name Relationship Total Shares Holding stocks
Green Leonard C 1.42%  (959526) CVO /
PURI NATHU R 1.11%  (750000) CVO /
Obernier Robert 0.72%  (487013) CVO /
Vinson Harry President, Print Services 0.52%  (352395) CVO /
HILTWEIN MARK S President, Envelope Group 0.51%  (347942) CVO / RLOG /
CHERRY DEAN E Executive VP, Operations 0.42%  (282298) CVO /
ARMSTRONG GERALD S 0.08%  (56281) CVO / EVER /
Griffin Mark J 0.07%  (50572) CVO /
BURTON ROBERT G JR President 0.05%  (32346) CVO /
Herbst Susan 0.04%  (26487) CVO /
Moorhead James G 0.02%  (11786) CVO /
Burton Michael G President, Print, Label & Pkgg 0.01%  (7841) CVO /

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