Understanding the Recent Fluctuations of Pitney Bowes, Inc.’s (PBI) Stock

In the past week, PBI stock has gone down by -1.62%, with a monthly gain of 36.46% and a quarterly surge of 62.23%. The volatility ratio for the week is 2.84%, and the volatility levels for the last 30 days are 4.60% for Pitney Bowes, Inc. The simple moving average for the last 20 days is 2.74% for PBI stock, with a simple moving average of 48.84% for the last 200 days.

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

The stock has a 36-month beta value of 1.96. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for PBI is 155.66M, and at present, short sellers hold a 7.54% of that float. On July 29, 2024, the average trading volume of PBI was 1.96M shares.

PBI) stock’s latest price update

Pitney Bowes, Inc. (NYSE: PBI)’s stock price has plunge by -0.59relation to previous closing price of 6.74. Nevertheless, the company has seen a -1.62% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-07-29 that Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.

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 18.03% 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 -7.84% of loss for the given period.

Volatility was left at 4.60%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares surge +33.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.63% upper at present.

During the last 5 trading sessions, PBI fell by -0.07%, which changed the moving average for the period of 200-days by +82.93% in comparison to the 20-day moving average, which settled at $6.61. In addition, Pitney Bowes, Inc. saw 52.27% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for PBI

Current profitability levels for the company are sitting at:

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

The net margin for Pitney Bowes, Inc. stands at -0.12. The total capital return value is set at -0.09.

Based on Pitney Bowes, Inc. (PBI), the company’s capital structure generated 1.22 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at -5.59. The interest coverage ratio of the stock is -2.27.

Currently, EBITDA for the company is -406.5 million with net debt to EBITDA at -13.06. When we switch over and look at the enterprise to sales, we see a ratio of 0.96. The receivables turnover for the company is 3.81for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.

Conclusion

To sum up, Pitney Bowes, Inc. (PBI) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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