Several analysts have recently updated their ratings and price targets for Stamps.com (NASDAQ: STMP):

  • 8/8/2017 – Stamps.com had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $250.00 price target on the stock.
  • 8/3/2017 – Stamps.com had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $250.00 price target on the stock.
  • 8/3/2017 – Stamps.com had its “buy” rating reaffirmed by analysts at Craig Hallum. They now have a $210.00 price target on the stock, up previously from $170.00.
  • 8/3/2017 – Stamps.com had its price target raised by analysts at Roth Capital from $166.00 to $203.00. They now have a “buy” rating on the stock.
  • 7/6/2017 – Stamps.com had its “buy” rating reaffirmed by analysts at Sidoti. They now have a $182.00 price target on the stock.
  • 7/5/2017 – Stamps.com was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Stamps.com provides easy, convenient and cost-effective Internet -based services for mailing or shipping letters, packages or parcels anywhere in the United States and at anytime. Their core mailing and shipping services are designed to allow individual consumers or employees of small businesses or larger enterprises to select a carrier, print US postage or shipping labels from multiple carriers, schedule a pick-up, track a package and apply enterprise-wide business rules to manage and account for mailing and shipping costs. “
  • 6/23/2017 – Stamps.com was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $166.00 price target on the stock. According to Zacks, “Stamps.com provides easy, convenient and cost-effective Internet -based services for mailing or shipping letters, packages or parcels anywhere in the United States and at anytime. Their core mailing and shipping services are designed to allow individual consumers or employees of small businesses or larger enterprises to select a carrier, print US postage or shipping labels from multiple carriers, schedule a pick-up, track a package and apply enterprise-wide business rules to manage and account for mailing and shipping costs. “
  • 6/22/2017 – Stamps.com was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Stamps.com provides easy, convenient and cost-effective Internet -based services for mailing or shipping letters, packages or parcels anywhere in the United States and at anytime. Their core mailing and shipping services are designed to allow individual consumers or employees of small businesses or larger enterprises to select a carrier, print US postage or shipping labels from multiple carriers, schedule a pick-up, track a package and apply enterprise-wide business rules to manage and account for mailing and shipping costs. “

Stamps.com Inc. (NASDAQ:STMP) traded down 0.35% on Tuesday, hitting $212.70. The stock had a trading volume of 608,265 shares. Stamps.com Inc. has a 1-year low of $80.10 and a 1-year high of $217.40. The company’s 50 day moving average is $151.90 and its 200-day moving average is $130.12. The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of 34.40 and a beta of 0.01.

Stamps.com (NASDAQ:STMP) last posted its earnings results on Wednesday, August 2nd. The software maker reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.36. The firm had revenue of $116.14 million for the quarter, compared to analysts’ expectations of $99.29 million. Stamps.com had a net margin of 26.66% and a return on equity of 34.46%. The company’s revenue was up 38.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.94 earnings per share. On average, analysts forecast that Stamps.com Inc. will post $7.87 EPS for the current year.

In other news, insider James Bortnak sold 4,000 shares of Stamps.com stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of $131.64, for a total transaction of $526,560.00. Following the transaction, the insider now owns 5,985 shares in the company, valued at $787,865.40. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Seth Weisberg sold 25,000 shares of Stamps.com stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $197.45, for a total transaction of $4,936,250.00. Following the transaction, the insider now owns 32,572 shares in the company, valued at approximately $6,431,341.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 90,600 shares of company stock worth $14,429,460. 11.08% of the stock is owned by company insiders.

Stamps.com Inc is a provider of Internet-based mailing and shipping solutions in the United States. The Company offers mailing and shipping products and services to its customers under the Stamps.com, Endicia, ShipStation, ShipWorks and ShippingEasy brands. It operates through the Internet Mailing and Shipping Services segment.

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