Maxim Group analyst Allen Klee reiterated a Buy rating on Stamps (NASDAQ:STMP).Com Inc. on Thursday, setting a price target of $378, which is approximately 82.24% above the present share price of $207.42.
Klee expects Stamps.Com Inc. to post earnings per share (EPS) of $1.86 for the second quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Stamps, with an average price target of $311.5.
The analysts price targets range from a high of $378 to a low of $245.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $189.09 million and a net profit of $44.32 million. The company's market cap is $3.8 billion.
According to TipRanks.com, Maxim Group analyst Allen Klee is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.3% and a 34.18% success rate.
Stamps.com, Inc. engages in the provision of Internet-based mailing and shipping solutions. It enables small businesses, enterprises, and online retailers to print U.S. Postal Service-approved postage. It operates under following segments: Stamps.com and MetaPack. The Stamps.com segment derives revenue from external customers from offering postage online and shipping software solutions offered to consumers, small businesses, e-commerce shippers, enterprise mailers, and high volume shippers. The MetaPack segment consists of the operations of MetaPack which derives revenues from external customers from offering multi-carrier enterprise-level shipping software solutions to large e-commerce retailers and brands. The company was founded by James Alastair Campbell McDermott, Jeff Green and Air R. Engelberg in September 1996 and is headquartered in El Segundo, CA.