Stamps.com Inc. (NASDAQ:STMP) Expected to Post Earnings of $1.61 Per Share

Analysts expect Stamps.com Inc. (NASDAQ:STMP) to post earnings per share of $1.61 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Stamps.com’s earnings. The highest EPS estimate is $1.78 and the lowest is $1.44. Stamps.com reported earnings per share of $3.83 during the same quarter last year, which would indicate a negative year over year growth rate of 58%. The company is expected to announce its next earnings report on Thursday, November 4th.

According to Zacks, analysts expect that Stamps.com will report full-year earnings of $7.44 per share for the current financial year, with EPS estimates ranging from $7.19 to $7.69. For the next fiscal year, analysts anticipate that the company will report earnings of $7.70 per share, with EPS estimates ranging from $7.28 to $8.12. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that cover Stamps.com.

Stamps.com (NASDAQ:STMP) last posted its quarterly earnings data on Thursday, August 5th. The software maker reported $1.49 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.55 by ($0.06). The firm had revenue of $191.07 million for the quarter, compared to the consensus estimate of $197.78 million. Stamps.com had a return on equity of 21.00% and a net margin of 15.25%.

STMP has been the subject of a number of research reports. Craig Hallum downgraded shares of Stamps.com from a “buy” rating to a “hold” rating and reduced their price target for the company from $340.00 to $330.00 in a report on Monday, July 12th. Northland Securities downgraded shares of Stamps.com from an “outperform” rating to a “market perform” rating and increased their price target for the company from $245.00 to $330.00 in a report on Monday, July 12th. Zacks Investment Research downgraded shares of Stamps.com from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 17th. Finally, Maxim Group downgraded shares of Stamps.com from a “buy” rating to a “hold” rating in a report on Monday, July 12th.

In related news, insider Amine Khechfe sold 4,959 shares of the stock in a transaction dated Tuesday, July 6th. The shares were sold at an average price of $200.00, for a total transaction of $991,800.00. Following the completion of the sale, the insider now owns 5,306 shares in the company, valued at approximately $1,061,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Sebastian Buerba sold 2,511 shares of the firm’s stock in a transaction dated Friday, September 3rd. The shares were sold at an average price of $328.65, for a total transaction of $825,240.15. Following the completion of the sale, the chief marketing officer now owns 2,511 shares of the company’s stock, valued at approximately $825,240.15. The disclosure for this sale can be found here. Insiders have sold a total of 169,497 shares of company stock valued at $53,987,212 over the last ninety days. 6.53% of the stock is owned by insiders.

Several large investors have recently modified their holdings of the company. Nisa Investment Advisors LLC boosted its stake in Stamps.com by 23.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 1,305 shares of the software maker’s stock worth $260,000 after acquiring an additional 250 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Stamps.com by 3.6% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 11,498 shares of the software maker’s stock worth $2,294,000 after acquiring an additional 398 shares during the last quarter. Dupont Capital Management Corp boosted its stake in Stamps.com by 77.9% during the 1st quarter. Dupont Capital Management Corp now owns 5,398 shares of the software maker’s stock worth $1,077,000 after acquiring an additional 2,364 shares during the last quarter. Virginia Retirement Systems ET AL bought a new position in Stamps.com during the 1st quarter worth approximately $499,000. Finally, Commonwealth Equity Services LLC bought a new position in Stamps.com in the first quarter valued at approximately $319,000. Institutional investors own 83.93% of the company’s stock.

Shares of NASDAQ STMP traded up $0.45 during trading hours on Wednesday, hitting $328.65. 6,434 shares of the stock were exchanged, compared to its average volume of 338,543. The company’s 50 day moving average is $321.55 and its 200 day moving average is $239.27. The firm has a market capitalization of $6.06 billion, a P/E ratio of 54.87 and a beta of 0.45. Stamps.com has a one year low of $159.22 and a one year high of $329.55.

Stamps.com Company Profile

Stamps.com, Inc engages in the provision of Internet-based mailing and shipping solutions. It operates through the following segments: Stamps.com and MetaPack. The Stamps.com segment offers postage online and shipping software solutions offered to consumers, small businesses, e-commerce shippers, enterprise mailers, and high volume shippers.

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