Pitney Bowes, Inc (NYSE: PBI) is 11.74% higher on its value in year-to-date trading and has touched a low of $4.04 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 $7.81 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $8.09, the stock is -4.88% and -13.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.22 million and changing 3.59% at the moment leaves the stock 4.01% off its SMA200. PBI registered 100.74% gain for a year compared to 6-month gain of 14.59%. The firm has a 50-day simple moving average (SMA 50) of $9.3506 and a 200-day simple moving average (SMA200) of $7.77795.
The stock witnessed a -13.75% loss in the last 1 month and extending the period to 3 months gives it a 8.88%, and is -1.34% 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 2.84% over the week and 4.98% over the month.
Pitney Bowes, Inc (PBI) has around 7200 employees, a market worth around $1.48B and $2.64B in sales. Current P/E ratio is 163.77 and Fwd P/E is 6.35. Profit margin for the company is 0.39%. Distance from 52-week low is 100.25% and -26.52% 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
364.0 institutions hold shares in Pitney Bowes, Inc (PBI), with institutional investors hold 69.92% of the company’s shares. The shares outstanding are 182.41M, and float is at 180.10M with Short Float at 6.42%. Institutions hold 69.31% of the Float.
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 10.3075% 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 9.3841 of the shares outstanding. The other top investors are STATE STREET CORP which holds 6.38 million shares representing 3.5716% and valued at over $32.42 million, while GOLDMAN SACHS GROUP INC holds 2.3509 of the shares totaling 4.2 million with a market value of $21.34 million.
Pitney Bowes, Inc (PBI) Insider Activity
The most recent transaction is an insider sale by Wolf Kurt James, the company’s Director. SEC filings show that Wolf Kurt James sold 481,199 shares of the company’s common stock on Mar 03 ’25 at a price of $10.77 per share for a total of $5.18 million. Following the sale, the insider now owns 0.58 million shares.
Pitney Bowes, Inc disclosed in a document filed with the SEC on Feb 28 ’25 that Freemen-Bosworth Lauren (EVP/Gen Counsel & Corp Sec) sold a total of 1,541 shares of the company’s common stock. The trade occurred on Feb 28 ’25 and was made at $10.75 per share for $16569.0. Following the transaction, the insider now directly holds 20746.0 shares of the PBI stock.
Still, SEC filings show that on Feb 28 ’25, LAUREN FREEMAN-BOSWORTH (Officer) Proposed Sale 1,541 shares at an average price of $10.77 for $16597.0. The insider now directly holds shares of Pitney Bowes, Inc (PBI).
