Stamps.com (STMP) : The consensus on Stamps.com (STMP) based on 3 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.
Stamps.com (STMP) : 3 Wall Street analysts covering Stamps.com (STMP) believe that the average level the stock could reach for the short term is $140. The maximum price target given is $150 and the minimum target for short term is around $120, hence the standard deviation is calculated at $17.32.
For the current week, the company shares have a recommendation consensus of Buy.
Stamps.com (NASDAQ:STMP): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.25 and $77.09 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $83.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.14, notching a gain of 1.08% for the day. The total traded volume was 1,580,292 . The stock had closed at $79.28 on the previous day.
Stamps.com Inc. is a provider of Internet-based mailing and shipping solutions. Under the Stamps.com branded solutions, the Companys customers use its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of United States Postal Service (USPS) mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, and Parcel Select, and among others. Its customers include individuals, small businesses, home offices, medium-size businesses and large enterprises, and within these segments, the Company targets both mailers and shippers. In addition, the Company offers multi-carrier shipping solutions under the brand names ShipStation and ShipWorks. The Companys products and services include Mailing and Shipping Business and PhotoStamps.