With 3.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.33 million shares. The 52-week range on PBI shows that it touched its highest point at $11.01 and its lowest point at $3.90 during that stretch. It currently has a 1-year price target of $17.00. With its current market cap of 1.94 billion, PBI has annualized dividend of $0.21 while the current yield stands at 1.98%. Beta for the stock currently stands at 2.01.
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 up-trending over the past week, with a rise of 0.09%, but this was up by 19.86% over a month. Three-month performance surged to 29.51% while six-month performance rose 48.95%. The stock gained 175.13% in the past year, while it has gained 46.69% so far this year. A look at the trailing 12-month EPS for PBI yields 0.05 with Next year EPS estimates of 1.27. For the next quarter, that number is 0.27. This implies an EPS growth rate of 45.73% for this year and 6.69% for next year.
Float and Shares Shorts:
At present, 182.41 million PBI shares are outstanding with a float of 179.86 million shares on hand for trading.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.38 being high and $0.38 being low. For PBI, this leads to a yearly average estimate of $0.38. Based on analyst estimates, the high estimate for the next quarter is $0.28 and the low estimate is $0.27. The average estimate for the next quarter is thus $0.28.
Summary of Insider Activity:
Insiders traded PBI stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
