The Pitney Bowes Inc. (NYSE:PBI) is going down by -0.38% in today’s trading session, a fall equivalent to -0.02% of the stock’s price from yesterday’s market close. A news came out 4 hours ago stating that Pitney Bowes Installs 100,000th SendPro C Sending Solution by WSJ. The lowest point that the shares touched during the trading session was $5.15, while the peak of the day was recorded at a share price of $5.37. PBI finished the previous session at $5.32 according to the data provided by Barchart, while the trading volume was observed to be $722750.
In the 100 days of trading, PBI managed to top a 4.17% 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 94.91%.
The number of shares outstanding, according to the fundamentals of the company, is set at 170.91M, equal to the value of $909.24M in market capitalization. In the last 30 days, Pitney Bowes Inc. shares went down by -2.13%, adding 5.40 to growth in value, on top of a +30.66% boost since 09/27/19.
Pitney Bowes Inc. (NYSE:PBI) Analyst’s Estimates
Pitney Bowes Inc. (PBI) could record at least $0.23 per share in quarterly earnings in the upcoming report on 11/05/2019, a number that would actually represent an increase of 0.74 YOY.
According to the average analyst rating, Pitney Bowes Inc. would be rated as Hold. Out of 5 different analysts monitoring PBI stock, 2 analysts rate the stock as a BUY, 2 suggest to give the rating of HOLD, 0 indicate that PBI is an OVERWEIGHT, 1 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On February 06, 2019, 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 June 01, 2018. Sidoti, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on August 02, 2017.
Loop Capital, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on July 28, 2017, giving the stock a Hold rating.
PBI Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +44.20% has been attained, while the operating margin has been recorded at +11.20%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 3.04%. Beta value of the stock is recorded at 2.02. Additionally, Pitney Bowes Inc. is recording price volatility of 5.26% for the period of the last seven days and 4.81% 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 94.77% 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 91.51%. Stochastic %K for Pitney Bowes Inc., with the last 20 days included, was set at 93.96%, having Stochastic %D topping 94.56%. 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 -9.98% in metrics.
Pitney Bowes Inc. Insider Watch:
Similarly, 74.46% of the company’s float is held by institutions – and there are 394 institutions in total holding shares of this company. The top three institutional holders of PBI stocks are: Blackrock Inc. with ownership of $113.0 million, which is approximately 26608885 of the company’s shares; Vanguard Group, Inc. (The), holding 15384887 shares of the stock with an approximate value of $65.0 million; and Bank Of New York Mellon Corporation, currently with more than 5923021 shares of the company valued at $25.0 million. Positions in Pitney Bowes Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 21 insider purchases amounting to 218126 shares.