Stamps.com Inc. (NASDAQ:STMP) Director David C. Habiger acquired 287 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were purchased at an average price of $87.01 per share, with a total value of $24,971.87. Following the completion of the transaction, the director now owns 287 shares of the company’s stock, valued at $24,971.87. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
NASDAQ:STMP traded down $1.69 during trading hours on Friday, reaching $85.49. The company had a trading volume of 1,034,174 shares, compared to its average volume of 1,013,027. The company has a current ratio of 1.52, a quick ratio of 1.50 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 8.69, a PEG ratio of 1.51 and a beta of 0.40. Stamps.com Inc. has a twelve month low of $82.40 and a twelve month high of $285.74.
Stamps.com (NASDAQ:STMP) last posted its quarterly earnings results on Thursday, February 21st. The software maker reported $3.73 EPS for the quarter, topping analysts’ consensus estimates of $2.90 by $0.83. The business had revenue of $170.23 million during the quarter, compared to analysts’ expectations of $159.99 million. Stamps.com had a net margin of 28.73% and a return on equity of 30.75%. The business’s quarterly revenue was up 28.5% on a year-over-year basis. During the same period last year, the company posted $4.68 earnings per share. Equities analysts predict that Stamps.com Inc. will post 3.95 earnings per share for the current fiscal year.
Large investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Stamps.com by 5.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,892 shares of the software maker’s stock valued at $294,000 after buying an additional 100 shares in the last quarter. Piedmont Investment Advisors Inc. lifted its stake in shares of Stamps.com by 3.0% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 4,065 shares of the software maker’s stock valued at $633,000 after buying an additional 120 shares in the last quarter. Stephens Inc. AR lifted its stake in shares of Stamps.com by 155.8% in the fourth quarter. Stephens Inc. AR now owns 220 shares of the software maker’s stock valued at $34,000 after buying an additional 134 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of Stamps.com by 10.9% in the fourth quarter. Bank of Montreal Can now owns 1,388 shares of the software maker’s stock valued at $217,000 after buying an additional 136 shares in the last quarter. Finally, Pearl River Capital LLC bought a new position in shares of Stamps.com in the fourth quarter valued at $27,000. Institutional investors and hedge funds own 96.50% of the company’s stock.
STMP has been the subject of several recent analyst reports. Craig Hallum decreased their price objective on shares of Stamps.com from $265.00 to $125.00 and set a “buy” rating for the company in a research report on Friday, February 22nd. Zacks Investment Research cut shares of Stamps.com from a “buy” rating to a “hold” rating in a report on Wednesday, January 30th. Maxim Group set a $320.00 price target on shares of Stamps.com and gave the stock a “buy” rating in a report on Thursday, December 13th. B. Riley set a $300.00 price target on shares of Stamps.com and gave the stock a “buy” rating in a report on Thursday, December 6th. Finally, BidaskClub upgraded shares of Stamps.com from a “strong sell” rating to a “sell” rating in a report on Saturday, February 2nd. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $159.83.
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Stamps.com Company Profile
Stamps.com Inc provides Internet-based mailing and shipping solutions in the United States. 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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