The USPS reported its fiscal first quarter 2019 results this past Friday, February 8, 2019. Most notably, Shipping and Packages revenue increased 8.7% Y/Y on volume growth of 5.4%.
Read MoreBased on Stamps.com’s (STMP) last closing price of $187.44, shares currently trade at 11.8x and 17.6x our FY ’19 adjusted EBITDA and non-GAAP EPS estimates, respectively.
Read MoreGiven its association with postage stamps, those less familiar with STMP may find the company’s high historical growth rates surprising.
Read MoreWhile perhaps best known for its namesake service, STMP’s acquisition strategy has yielded a portfolio of highly regarded products catering to shippers at various stages of maturity.
Read MoreSTMP boasts hundreds of partner integrations across its product portfolio, providing customers with seamless access to a broad network of online marketplaces and shopping carts; regional, national and international carriers; and other business applications and integration tools.
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