Pitney Bowes, Inc (NYSE: PBI) is 30.66% higher on its value in year-to-date trading and has touched a low of $4.62 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 $9.28 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $9.46, the stock is 9.73% and 5.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.41 million and changing 1.94% at the moment leaves the stock 19.28% off its SMA200. PBI registered 81.92% gain for a year compared to 6-month gain of 20.20%.
The stock witnessed a 17.96% loss in the last 1 month and extending the period to 3 months gives it a 7.26%, and is 4.88% 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 4.22% over the week and 3.29% over the month.
Pitney Bowes, Inc (PBI) has around 7200 employees, a market worth around $1.73B and $2.30B in sales. Current P/E ratio is 36.75 and Fwd P/E is 7.33. Profit margin for the company is 2.11%. Distance from 52-week low is 104.76% and -14.08% from its 52-week high. The company has generated returns on investments over the last 12 months (3.32%).
The EPS is expected to grow by 51.83% this year.
Pitney Bowes, Inc (PBI) Top Institutional Holders
The shares outstanding are 182.51M, and float is at 178.27M 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 10.3075% 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 purchase by Levene Catherine, the company’s Director. SEC filings show that Levene Catherine bought 200 shares of the company’s common stock on May 09 ’25 at a price of $9.37 per share for a total of $1873.0. Following the purchase, the insider now owns 200.0 shares.
Pitney Bowes, Inc disclosed in a document filed with the SEC on Apr 23 ’25 that Freemen-Bosworth Lauren (EVP/Gen Counsel & Corp Sec) sold a total of 2,045 shares of the company’s common stock. The trade occurred on Apr 23 ’25 and was made at $8.40 per share for $17178.0. Following the transaction, the insider now directly holds 23360.0 shares of the PBI stock.
Still, SEC filings show that on Apr 23 ’25, LAUREN FREEMAN-BOSWORTH (Officer) Proposed Sale 2,045 shares at an average price of $8.09 for $16544.0. The insider now directly holds shares of Pitney Bowes, Inc (PBI).
