Other research analysts also recently issued reports about the company. Zacks Investment Research upgraded Stamps.com from a hold rating to a buy rating and set a $107.00 price objective for the company in a research note on Friday, February 21st. Roth Capital upped their price objective on Stamps.com from to and gave the stock a hold rating in a research note on Thursday, February 20th. ValuEngine downgraded Stamps.com from a strong-buy rating to a buy rating in a research note on Tuesday, February 4th. Finally, Craig Hallum upped their price objective on Stamps.com from $115.00 to $150.00 and gave the stock a buy rating in a research note on Thursday, February 20th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of $97.67.
Shares of STMP opened at $148.21 on Friday. The company has a market cap of $2.98 billion, a P/E ratio of 44.78, a PEG ratio of 4.65 and a beta of 1.03. The stock has a fifty day moving average price of $93.57 and a 200 day moving average price of $81.64. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.64 and a quick ratio of 1.64. Stamps.com has a 12 month low of $32.54 and a 12 month high of $185.20.
Stamps.com (NASDAQ:STMP) last issued its quarterly earnings data on Wednesday, February 19th. The software maker reported $2.12 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $1.90. The firm had revenue of $160.90 million during the quarter, compared to the consensus estimate of $140.31 million. Stamps.com had a return on equity of 10.32% and a net margin of 10.36%. The firm’s revenue was down 5.5% on a year-over-year basis. During the same period in the prior year, the business earned $3.73 EPS. As a group, research analysts anticipate that Stamps.com will post 2.5 earnings per share for the current year.
Several large investors have recently added to or reduced their stakes in STMP. Taylor Hoffman Wealth Management bought a new position in shares of Stamps.com in the third quarter worth $31,000. Covington Capital Management bought a new position in shares of Stamps.com in the fourth quarter worth $46,000. NumerixS Investment Technologies Inc bought a new position in shares of Stamps.com in the fourth quarter worth $67,000. Quadrant Capital Group LLC grew its stake in shares of Stamps.com by 74.2% in the third quarter. Quadrant Capital Group LLC now owns 918 shares of the software maker’s stock worth $68,000 after purchasing an additional 391 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its stake in shares of Stamps.com by 102.3% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 888 shares of the software maker’s stock worth $74,000 after purchasing an additional 449 shares in the last quarter. 96.39% of the stock is owned by institutional investors.
Stamps.com Inc provides Internet-based mailing and shipping solutions in the United States and Europe. The company offers mailing and shipping solutions to mail and ship various mail pieces and packages through the United States Postal Service (USPS) under the Stamps.com and Endicia brands. Its solutions support various USPS mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, Parcel Select, and others.
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