Pitney Bowes, Inc. (PBI) Shares Soar Above 1-Year High

Pitney Bowes, Inc. (NYSE: PBI)’s stock price has increased by 2.81 compared to its previous closing price of 3.92. However, the company has seen a -4.73% decrease in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-09 that If you’re looking for investments that could generate more-than-satisfactory total returns, consider undervalued dividend stocks. With these types of stocks, you may have the potential to get the best of both worlds.

Is It Worth Investing in Pitney Bowes, Inc. (NYSE: PBI) Right Now?

The stock has a 36-month beta value of 2.17. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for PBI is 153.62M, and at present, short sellers hold a 7.35% of that float. On April 09, 2024, the average trading volume of PBI was 1.44M shares.

PBI’s Market Performance

The stock of Pitney Bowes, Inc. (PBI) has seen a -4.73% decrease in the past week, with a -2.42% drop in the past month, and a -4.05% fall in the past quarter. The volatility ratio for the week is 4.02%, and the volatility levels for the past 30 days are at 3.95% for PBI. The simple moving average for the past 20 days is -3.47% for PBI’s stock, with a 6.00% simple moving average for the past 200 days.

Analysts’ Opinion of PBI

Many brokerage firms have already submitted their reports for PBI stocks, with Sidoti repeating the rating for PBI by listing it as a “Buy.” The predicted price for PBI in the upcoming period, according to Sidoti is $10 based on the research report published on April 30, 2021 of the previous year 2021.

PBI Trading at -1.43% from the 50-Day Moving Average

After a stumble in the market that brought PBI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.01% of loss for the given period.

Volatility was left at 3.95%, however, over the last 30 days, the volatility rate increased by 4.02%, as shares sank -1.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.18% lower at present.

During the last 5 trading sessions, PBI fell by -4.49%, which changed the moving average for the period of 200-days by +18.82% in comparison to the 20-day moving average, which settled at $4.17. In addition, Pitney Bowes, Inc. saw -8.41% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for PBI

Current profitability levels for the company are sitting at:

  • -0.07 for the present operating margin
  • 0.63 for the gross margin

The net margin for Pitney Bowes, Inc. stands at -0.12. The total capital return value is set at -0.1. Equity return is now at value 10.97, with -8.56 for asset returns.

Based on Pitney Bowes, Inc. (PBI), the company’s capital structure generated 1.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at -6.74. The interest coverage ratio of the stock is -3.05.

Currently, EBITDA for the company is -406.5 million with net debt to EBITDA at -8.69. When we switch over and look at the enterprise to sales, we see a ratio of 0.79. The receivables turnover for the company is 3.6for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.

Conclusion

To sum up, Pitney Bowes, Inc. (PBI) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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