Nothing is Better Than Pitney Bowes, Inc. (PBI) stock at the moment

With 1.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.47 million shares. During the session, the Integrated Freight & Logistics company that operates in wider Industrials sector, reached to the highest price of $5.3398 whereas the lowest price it dropped to was $5.19. The 52-week range on PBI shows that it touched its highest point at $5.78 and its lowest point at $2.80 during that stretch. It currently has a 1-year price target of $6.00. With its current market cap of 937.33 million, PBI has annualized dividend of $0.20 while the current yield stands at 3.82%. Beta for the stock currently stands at 2.00.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PBI was down-trending over the past week, with a drop of -3.32%, but this was up by 0.77% over a month. Three-month performance surged to 26.88% while six-month performance rose 25.96%. The stock gained 38.99% in the past year, while it has gained 19.09% so far this year. A look at the trailing 12-month EPS for PBI yields -2.16 with Next year EPS estimates of 0.20. For the next quarter, that number is -0.07. This implies an EPS growth rate of -150.00% for this year and 1100.00% for next year.

Float and Shares Shorts:

At present, 176.37 million PBI shares are outstanding with a float of 155.53 million shares on hand for trading. On 2024-05-15, short shares totaled 11.5 million, which was 643.0 higher than short shares on 1713139200. In addition to Dr. James Arthur Fairweather as the firm’s Executive VP & Chief Innovation Officer, Mr. Gregg S. Zegras serves as its Executive VP & President of Global Ecommerce.

Institutional Ownership:

Through their ownership of 0.67257005 of PBI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, PBI reported revenue of $830509000.0 and operating income of $58358000.0. The EBITDA in the recently reported quarter was $99237000.0 and diluted EPS was -$0.02.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PBI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.