Could Stamps.com Inc. (STMP) Skyrocket Even More? The Stock Just Made 52-Week High

June 13, 2018 - By Adrian Mccoy

Stamps.com Inc. (NASDAQ:STMP) Logo

Investors sentiment increased to 1.25 in 2018 Q1. Its up 0.04, from 1.21 in 2017Q4. It increased, as 27 investors sold Stamps.com Inc. shares while 77 reduced holdings. 43 funds opened positions while 87 raised stakes. 16.28 million shares or 0.56% less from 16.37 million shares in 2017Q4 were reported.
Price T Rowe Associates Md invested in 0.01% or 254,372 shares. Ls Advisors Limited Liability Co holds 0.02% in Stamps.com Inc. (NASDAQ:STMP) or 1,442 shares. Mason Street Advisors Ltd Liability Corp accumulated 4,531 shares. Ct Mason has 6,818 shares. Eulav Asset Mgmt has 28,800 shares for 0.28% of their portfolio. Janney Montgomery Scott Ltd Com holds 0.01% or 3,354 shares in its portfolio. Martingale Asset Management Lp holds 16,804 shares or 0.04% of its portfolio. Shell Asset reported 0.01% of its portfolio in Stamps.com Inc. (NASDAQ:STMP). First American National Bank & Trust reported 1,172 shares or 0.02% of all its holdings. Axa owns 0.05% invested in Stamps.com Inc. (NASDAQ:STMP) for 65,728 shares. Bessemer holds 0.01% of its portfolio in Stamps.com Inc. (NASDAQ:STMP) for 6,400 shares. California Public Employees Retirement System holds 0.02% or 65,538 shares in its portfolio. Thrivent For Lutherans owns 127,475 shares or 0.09% of their US portfolio. Verition Fund Management Ltd accumulated 0.02% or 1,125 shares. Tdam Usa Inc holds 7,169 shares or 0.09% of its portfolio.

Since December 18, 2017, it had 0 buys, and 27 sales for $56.03 million activity. Clem John Roland also sold $1.03M worth of Stamps.com Inc. (NASDAQ:STMP) shares. The insider MCBRIDE KENNETH THOMAS sold 6,362 shares worth $1.27 million. On Tuesday, May 15 Lipson Matthew A. sold $312,308 worth of Stamps.com Inc. (NASDAQ:STMP) or 1,281 shares. Khechfe Amine had sold 1,200 shares worth $225,900. The insider Buerba Sebastian sold $927,635. $203,183 worth of Stamps.com Inc. (NASDAQ:STMP) was sold by ANANDA MOHAN P on Monday, February 26.

The stock of Stamps.com Inc. (NASDAQ:STMP) hit a new 52-week high and has $298.57 target or 8.00 % above today’s $276.45 share price. The 6 months bullish chart indicates low risk for the $4.96 billion company. The 1-year high was reported on Jun, 13 by Barchart.com. If the $298.57 price target is reached, the company will be worth $396.40 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.52% or $4.15 during the last trading session, reaching $276.45. About 263,915 shares traded. Stamps.com Inc. (NASDAQ:STMP) has risen 80.16% since June 13, 2017 and is uptrending. It has outperformed by 67.59% the S&P500.

Analysts await Stamps.com Inc. (NASDAQ:STMP) to report earnings on August, 1. They expect $2.17 earnings per share, up 28.40 % or $0.48 from last year’s $1.69 per share. STMP’s profit will be $38.89M for 31.85 P/E if the $2.17 EPS becomes a reality. After $2.13 actual earnings per share reported by Stamps.com Inc. for the previous quarter, Wall Street now forecasts 1.88 % EPS growth.

Stamps.com Inc. (NASDAQ:STMP) Ratings Coverage

Among 5 analysts covering Stampscom (NASDAQ:STMP), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Stampscom had 8 analyst reports since February 9, 2018 according to SRatingsIntel. As per Thursday, February 22, the company rating was maintained by B. Riley & Co. The rating was maintained by Craig Hallum with “Buy” on Thursday, February 22. The rating was maintained by FBR Capital on Friday, February 9 with “Buy”. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by Roth Capital on Thursday, February 22. The firm has “Buy” rating by Craig Hallum given on Monday, April 23. The firm has “Buy” rating by Craig Hallum given on Friday, May 4. The firm has “Buy” rating given on Thursday, February 22 by FBR Capital.

Another recent and important Stamps.com Inc. (NASDAQ:STMP) news was published by Seekingalpha.com which published an article titled: “Groups That Are Leading Nasdaq Higher – Cramer’s Mad Money (6/4/18)” on June 05, 2018.

Stamps.com Inc. provides Internet-based mailing and shipping solutions in the United States. The company has market cap of $4.96 billion. The firm offers mailing and shipping solutions to mail and ship various mail pieces and packages through the United States Postal Service under the Stamps.com and Endicia brands. It has a 33.75 P/E ratio. The Company’s solutions support various USPS mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, Parcel Select, and others.

Stamps.com Inc. (NASDAQ:STMP) Institutional Positions Chart

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