Pitney Bowes, Inc (NYSE: PBI) is 37.85% higher on its value in year-to-date trading and has touched a low of $3.90 and a high of $11.01 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PBI stock was last observed hovering at around $10.62 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $9.98, the stock is -0.20% and 16.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.75 million and changing -6.03% at the moment leaves the stock 39.56% off its SMA200. PBI registered 147.64% gain for a year compared to 6-month gain of 41.76%.
The stock witnessed a 12.01% loss in the last 1 month and extending the period to 3 months gives it a 22.60%, and is -6.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.03% over the week and 4.85% over the month.
Pitney Bowes, Inc (PBI) has around 7200 employees, a market worth around $1.82B and $2.64B in sales. Current P/E ratio is 202.02 and Fwd P/E is 7.83. Profit margin for the company is 0.39%. Distance from 52-week low is 155.90% and -9.36% from its 52-week high. The company has generated returns on investments over the last 12 months (0.73%).
with sales reaching $498.99M over the same period.The EPS is expected to grow by 45.73% this year, but quarterly earnings will post -2.04% year-over-year. Quarterly sales are estimated to shrink -39.92% in year-over-year returns.
Pitney Bowes, Inc (PBI) Top Institutional Holders
The shares outstanding are 182.41M, and float is at 179.86M with Short Float at 5.89%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.42 million shares valued at $93.57 million. The investor’s holdings represent 10.4064% of the PBI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.77 million shares valued at $$85.19 million to account for 9.4742 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.38 million shares representing 3.6059% and valued at over $32.42 million, while GOLDMAN SACHS GROUP INC holds 2.3735 of the shares totaling 4.2 million with a market value of $21.34 million.
Pitney Bowes, Inc (PBI) Insider Activity
A total of 0 insider transactions have happened at Pitney Bowes, Inc (PBI) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Freemen-Bosworth Lauren,the company’sEVP/Gen Counsel & Corp Sec. SEC filings show that Freemen-Bosworth Lauren sold 1,541 shares of the company’s common stock on Feb 28 ’25 at a price of $10.75 per share for a total of $16569.0. Following the sale, the insider now owns 20746.0 shares.
Still, SEC filings show that on Feb 26 ’25, Fairweather James Arthur (EVP & Chief Innovation Officer) disposed off 130,000 shares at an average price of $10.83 for $1.41 million. The insider now directly holds 176,145 shares of Pitney Bowes, Inc (PBI).
Pitney Bowes, Inc (PBI): Who are the competitors?
The company’s main competitors (and peers) include Ricoh Co. Ltd. ADR (RICOY) that is trading 10.80% up over the past 12 months. ACCO Brands Corp. (ACCO) that is -17.88% lower over the same period.
