A number of other equities research analysts also recently issued reports on the stock. Roth Capital boosted their target price on shares of Stamps.com from $52.00 to $85.00 and gave the company a neutral rating in a report on Tuesday, October 22nd. Craig Hallum boosted their target price on shares of Stamps.com from $60.00 to $100.00 and gave the company a buy rating in a report on Tuesday, October 22nd. Maxim Group restated a hold rating on shares of Stamps.com in a report on Friday, August 9th. Zacks Investment Research upgraded shares of Stamps.com from a sell rating to a hold rating and set a $64.00 target price for the company in a report on Friday, August 9th. Finally, B. Riley boosted their target price on shares of Stamps.com from $62.50 to $80.00 and gave the company a neutral rating in a report on Tuesday, October 22nd. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Stamps.com currently has a consensus rating of Buy and a consensus target price of $78.00.
Stamps.com stock traded up $2.37 during trading on Friday, reaching $88.07. The company had a trading volume of 495,400 shares, compared to its average volume of 827,932. Stamps.com has a 12-month low of $32.54 and a 12-month high of $207.25. The stock’s 50 day moving average price is $81.09 and its two-hundred day moving average price is $60.11. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 8.95, a PEG ratio of 2.40 and a beta of 1.13. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.64 and a current ratio of 1.64.
Stamps.com Company Profile
Stamps.com Inc provides Internet-based mailing and shipping solutions in the United States and Europe. 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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