Equities research analysts expect Stamps.com Inc. (NASDAQ:STMP) to post $2.34 earnings per share for the current quarter, according to Zacks. Three analysts have made estimates for Stamps.com’s earnings, with the highest EPS estimate coming in at $2.51 and the lowest estimate coming in at $2.21. Stamps.com posted earnings of $2.68 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 12.7%. The business is scheduled to report its next earnings report on Thursday, November 1st.
On average, analysts expect that Stamps.com will report full-year earnings of $10.68 per share for the current fiscal year, with EPS estimates ranging from $10.58 to $10.79. For the next year, analysts expect that the company will post earnings of $11.11 per share, with EPS estimates ranging from $10.43 to $11.57. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Stamps.com.
Stamps.com (NASDAQ:STMP) last announced its earnings results on Wednesday, August 1st. The software maker reported $2.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.17 by $0.58. The business had revenue of $139.63 million during the quarter, compared to analyst estimates of $133.49 million. Stamps.com had a return on equity of 39.85% and a net margin of 34.37%. Stamps.com’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same period last year, the company earned $2.08 EPS.
Several research analysts recently issued reports on the company. Roth Capital raised their target price on Stamps.com from $255.00 to $305.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. Maxim Group set a $320.00 target price on Stamps.com and gave the stock a “buy” rating in a research report on Friday, July 27th. BidaskClub lowered Stamps.com from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 1st. ValuEngine upgraded Stamps.com from a “hold” rating to a “buy” rating in a report on Tuesday, September 4th. Finally, B. Riley set a $300.00 price target on Stamps.com and gave the stock a “buy” rating in a report on Thursday, October 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. Stamps.com has a consensus rating of “Buy” and an average target price of $252.00.
Shares of NASDAQ:STMP opened at $200.17 on Friday. The firm has a market cap of $3.53 billion, a P/E ratio of 20.22, a P/E/G ratio of 1.43 and a beta of -0.02. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.38 and a quick ratio of 3.38. Stamps.com has a 12-month low of $160.00 and a 12-month high of $285.74.
In other Stamps.com news, insider Amine Khechfe sold 1,200 shares of the stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $248.15, for a total transaction of $297,780.00. Following the completion of the sale, the insider now directly owns 1,541 shares in the company, valued at approximately $382,399.15. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Sebastian Buerba sold 2,501 shares of the stock in a transaction dated Wednesday, August 1st. The stock was sold at an average price of $259.75, for a total value of $649,634.75. Following the sale, the insider now owns 720 shares of the company’s stock, valued at $187,020. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,901 shares of company stock valued at $2,399,880. Company insiders own 6.17% of the company’s stock.
A number of institutional investors have recently modified their holdings of STMP. Wells Fargo & Company MN grew its stake in shares of Stamps.com by 6.5% in the 1st quarter. Wells Fargo & Company MN now owns 21,162 shares of the software maker’s stock valued at $4,255,000 after buying an additional 1,285 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of Stamps.com in the 1st quarter valued at about $123,000. Sei Investments Co. grew its stake in shares of Stamps.com by 196.5% in the 1st quarter. Sei Investments Co. now owns 590 shares of the software maker’s stock valued at $119,000 after buying an additional 391 shares during the period. Jane Street Group LLC grew its stake in shares of Stamps.com by 103.5% in the 1st quarter. Jane Street Group LLC now owns 3,672 shares of the software maker’s stock valued at $738,000 after buying an additional 107,856 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Stamps.com by 6.7% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,850 shares of the software maker’s stock valued at $975,000 after buying an additional 303 shares during the period. Hedge funds and other institutional investors own 91.99% of the company’s stock.
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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