The Pitney Bowes Inc. (NYSE:PBI) is going up by 0.84% in today’s trading session, a rise equivalent to 0.03% of the stock’s price from yesterday’s market close. A news came out on 08/06/19 stating that Pitney Bowes Declares Common Stock Dividend by WSJ. The lowest point that the shares touched during the trading session was $3.49, while the peak of the day was recorded at a share price of $3.625. PBI finished the previous session at $3.57 according to the data provided by Barchart, while the trading volume was observed to be $805,702.
In the 100 days of trading, PBI managed to top a 4.80% Moving average. Additionally, Pitney Bowes Inc. shares have achieved a 52-week range between 3.14 and 8.56 alongside 100 days raw stochastic set at 10.63%.
The number of shares outstanding, according to the fundamentals of the company, is set at 177.19M, equal to the value of $632.58M in market capitalization. Financial analysts indicate that PBI shares should be still ranked as a “Hold”. In the last 30 days, Pitney Bowes Inc. shares went down by -21.83%, adding 4.58 to growth in value, on top of a +14.01% boost since 07/22/19.
Pitney Bowes Inc. (NYSE:PBI) Analyst’s Estimates
Pitney Bowes Inc. (PBI) could record at least $0.20 per share in quarterly earnings in the upcoming report on 10/31/2019, a number that would actually represent an increase of 1.33% YOY.
According to the average analyst rating, Pitney Bowes Inc. would be rated as 2.80. Out of 5 different analysts monitoring PBI stock, 1 analysts rate the stock as a BUY, 2 suggest to give the rating of HOLD, 1 indicate that PBI is an OUTPERFORM, 1 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.
On Feb-06-19, the stock earned a Downgrade rating due to a new analyst call from Northcoast, while analysts from Maxim Group believe that the stock is set at Buy, as concluded on Jun-01-18. Sidoti, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on Aug-02-17.
Loop Capital, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jul-28-17, giving the stock a Hold rating.
PBI Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +46.26% has been attained, while the operating margin has been recorded at +11.12%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 3.16%. Beta value of the stock is recorded at 2.00. Additionally, Pitney Bowes Inc. is recording price volatility of 5.62% for the period of the last seven days and 7.09% in the last 30 days.
Pitney Bowes Inc. (NYSE:PBI) Technical Outlook
For the period of the last 50 days, Pitney Bowes Inc. had its Raw Stochastic average set at 30.56% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 30.56%. Stochastic %K for Pitney Bowes Inc., with the last 20 days included, was set at 28.24%, having Stochastic %D topping 28.55%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Pitney Bowes Inc. stocks with recording -56.83% in metrics.
Pitney Bowes Inc. Insider Watch:
As far as the position of shares issued by Pitney Bowes Inc. (NYSE:PBI) for the period concluded at the market close of 08/21/19, 125 institutional investors increased their positions in PBI shares by 25,819,927, 167 decreased positions by 23,842,644 and 59 institutional investors decided to hold positions at 88,465,808. These numbers put the complete list of institutional holdings set at 138,128,379 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 38 institutional investments with 4,307,358 new shares in addition to having 72 institutional investors selling their positions in 4,708,543 shares.