Analysts who follow Stamps.com Inc. (STMP) on average expect it to climb 12.87% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns Stamps.com Inc. an Analyst Ranking of 66, which means it ranks higher than 66 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Stamps.com Inc. Stock Today?
Stamps.com Inc. (STMP) stock is trading at $237.73 as of 3:02 PM on Wednesday, Jan 27, a drop of -$2.96, or -1.23% from the previous closing price of $240.69. Volume today is high. So far 483,831 shares have traded compared to average volume of 294,161 shares. The stock has traded between $226.48 and $244.65 so far today.
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