Pitney Bowes, Inc (NYSE: PBI) is 19.89% higher on its value in year-to-date trading and has touched a low of $4.09 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 $8.59 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $8.68, the stock is 5.04% and -5.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing 1.05% at the moment leaves the stock 10.71% off its SMA200. PBI registered 110.17% gain for a year compared to 6-month gain of 22.25%. The firm has a 50-day simple moving average (SMA 50) of $9.1904 and a 200-day simple moving average (SMA200) of $7.84015.
The stock witnessed a -4.09% loss in the last 1 month and extending the period to 3 months gives it a -2.80%, and is 4.45% up 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 2.99% over the week and 4.88% over the month.
Pitney Bowes, Inc (PBI) has around 7200 employees, a market worth around $1.59B and $2.64B in sales. Current P/E ratio is 175.71 and Fwd P/E is 6.81. Profit margin for the company is 0.39%. Distance from 52-week low is 112.18% and -21.16% from its 52-week high. The company has generated returns on investments over the last 12 months (0.73%).
The EPS is expected to grow by 45.73% this year
368.0 institutions hold shares in Pitney Bowes, Inc (PBI), with institutional investors hold 69.50% of the company’s shares. The shares outstanding are 182.41M, and float is at 180.06M with Short Float at 6.03%. Institutions hold 68.88% 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 Freemen-Bosworth Lauren, the company’s EVP/Gen Counsel & Corp Sec. SEC filings show that Freemen-Bosworth Lauren sold 2,045 shares of the company’s common stock on Apr 23 ’25 at a price of $8.40 per share for a total of $17178.0. Following the sale, the insider now owns 23360.0 shares.
Still, SEC filings show that on Mar 03 ’25, Wolf Kurt James (Director) disposed off 481,199 shares at an average price of $10.77 for $5.18 million. The insider now directly holds 584,636 shares of Pitney Bowes, Inc (PBI).
