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

  • 10/12/2017 – Stamps.com had its “buy” rating reaffirmed by analysts at Northland Securities. They now have a $250.00 price target on the stock.
  • 10/5/2017 – Stamps.com was given a new $250.00 price target on by analysts at B. Riley. They now have a “buy” rating on the stock.
  • 10/4/2017 – Stamps.com was downgraded by analysts at Zacks Investment Research from a “strong-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. “
  • 10/2/2017 – Stamps.com was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 9/14/2017 – Stamps.com had its “buy” rating reaffirmed by analysts at Northland Securities. They now have a $200.00 price target on the stock.
  • 9/1/2017 – Stamps.com was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 8/29/2017 – Stamps.com was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $222.00 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. “
  • 8/25/2017 – Stamps.com was given a new $250.00 price target on by analysts at B. Riley. They now have a “buy” rating on the stock.
  • 8/25/2017 – Stamps.com was given a new $230.00 price target on by analysts at Craig Hallum. They now have a “buy” rating on the stock.

Stamps.com Inc. (NASDAQ:STMP) opened at 222.35 on Friday. Stamps.com Inc. has a 1-year low of $89.26 and a 1-year high of $224.30. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 35.96 and a beta of -0.04. The firm’s 50-day moving average is $203.04 and its 200 day moving average is $157.26.

Stamps.com (NASDAQ:STMP) last released its quarterly 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 business had revenue of $116.14 million during the quarter, compared to analysts’ expectations of $99.29 million. Stamps.com had a return on equity of 34.46% and a net margin of 26.66%. The company’s revenue was up 38.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.94 EPS. Equities analysts anticipate that Stamps.com Inc. will post $8.05 EPS for the current fiscal year.

In other news, insider John Roland Clem sold 800 shares of the stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $220.00, for a total transaction of $176,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael John Biswas sold 76,602 shares of the stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $196.55, for a total value of $15,056,123.10. Following the transaction, the insider now owns 15,365 shares of the company’s stock, valued at $3,019,990.75. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 452,763 shares of company stock valued at $89,468,644. Company insiders own 11.46% of the company’s stock.

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.

Receive News & Ratings for Stampscom Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stampscom Inc and related companies with MarketBeat.com's FREE daily email newsletter.