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.
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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