Stamps.com (NASDAQ:STMP) will be announcing its earnings results after the market closes on Thursday, February 21st. Analysts expect the company to announce earnings of $2.77 per share for the quarter.
STMP opened at $197.48 on Thursday. Stamps.com has a fifty-two week low of $141.38 and a fifty-two week high of $285.74. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.79 and a quick ratio of 1.79. The stock has a market cap of $3.58 billion, a PE ratio of 19.95, a PEG ratio of 1.35 and a beta of 0.51.
In related news, insider Amine Khechfe sold 1,200 shares of the firm’s stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $185.15, for a total value of $222,180.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 6.17% of the stock is currently owned by company insiders.
A number of equities research analysts have recently weighed in on STMP shares. Zacks Investment Research downgraded Stamps.com from a “buy” rating to a “hold” rating in a research note on Wednesday, January 30th. Maxim Group set a $320.00 price target on Stamps.com and gave the stock a “buy” rating in a research note on Thursday, December 13th. Craig Hallum cut their price target on Stamps.com from $300.00 to $265.00 and set a “buy” rating for the company in a research note on Thursday, November 1st. BidaskClub downgraded Stamps.com from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 6th. Finally, B. Riley set a $300.00 price objective on Stamps.com and gave the company a “buy” rating in a research note on Thursday, December 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. Stamps.com presently has an average rating of “Buy” and a consensus price target of $251.57.
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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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