231.70 0.00 (0.00%)
After hours: 5:14PM EDT
|Bid||230.00 x 1100|
|Ask||231.70 x 3000|
|Day's Range||230.80 - 235.25|
|52 Week Range||160.00 - 285.75|
|PE Ratio (TTM)||24.17|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The e-commerce veteran posted some good news of its own, but share prices plunged anyway because of weakness in the cryptocurrency market.
USPS recently requested a renegotiation of their agreement with Stamps.com, and the online shipping company warned that revenue could suffer as a result.
From continued shipping strength to a pair of promising acquisitions, the internet mailing and shipping leader ended the first half with momentum on its side.
Stamps.com (STMP) delivered earnings and revenue surprises of 14.11% and 3.94%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The El Segundo, California-based company said it had net income of $2.41 per share. Earnings, adjusted for one-time gains and costs, came to $2.75 per share. The results surpassed Wall Street expectations. ...
Stamps.com is looking to expand its international footprint with the acquisition of MetaPack Ltd. The El Segundo, California-based Stamps.com (NASDAQ: STMP) will pay $230 million in cash for MetaPack in a deal expected to close next month. The London-based company provides e-commerce delivery management technology to enterprise retailers and brands. MetaPack’s more than 500 customers include retailers such as SportsDirect.com, Urban Outfitters and Zulily, and brands Lush, The North Face and Timberland.
Inc. on Wednesday said it reached a definitive agreement to buy U.K. e-commerce shipping software company MetaPack Ltd. for about $230 million in cash. Stamps.com said MetaPack, which has about 350 employees and more than 500 customers, generated revenue of about $47 million and gross margin of about 87% in its fiscal year ended March 31. Stamps.com said MetaPack will operate as a wholly owned unit led by members of its existing management team.
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between Stampscom Inc (NASDAQ:STMP)’s return fundamentalsRead More...
When the stock markets closed on Thursday, Stamps.com stock was down 10% from its closing price on Wednesday. The information about possible changes for the USPS come packed in a package of plans that the current administration has for reforming the government. It mentions that it may choose to take the Postal Service private.
Maxim Group analyst Allen Klee defended Stamps.com Inc. (stmp) on Friday and said that the stock's sizable selloff in the prior session was "an overreaction." Stamps.com's stock slid more than 10% Thursday after the Trump administration released a broad array of proposals, which included a plan to potentially privatize the post office. "We think it is unlikely that changes to the USPS would negatively impact Stamps.com and would use the pullback as a buying opportunity," Klee wrote. "Any potential changes made to USPS that would improve its financial condition and maintain its competitive position versus other carriers would be a positive to Stamps.com, in our view." Klee has a buy rating and $320 price target on the stock, and he recommended that investors look at the recent pullback as a buying opportunity.
MARKET PULSE Shares of Stamps.com Inc. (stmp) are down more than 10% in Thursday trading after the White House announced a proposal to restructure the United States Postal Service. The proposal examines ways to "return it to a sustainable business model or prepare it for future conversion from a Government agency into a privately-held corporation.
Shares of mailing and shipping company Stamps.com dropped more than 10 percent on Thursday as the White House aims at revamping the U.S. Postal Service.
The El Segundo, California-based company said it had profit of $2.54 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was ...
Adobe Systems and Stamps.com are very different companies. But both stocks are trading near buy points, with earnings approaching.
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