With 3.39 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.46 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 1.68 billion, PBI has annualized dividend of $0.21 while the current yield stands at 2.29%. Beta for the stock currently stands at 1.87.
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 -13.47%, but this was up by 6.12% over a month. Three-month performance surged to 16.33% while six-month performance rose 37.37%. The stock gained 124.15% in the past year, while it has gained 26.93% 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.
