Pitney Bowes (PBI) Stock Price, News & Analysis

Company Overview

Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and medium-sized businesses, large enterprises, retailers, and government clients in the United States and internationally. It operates through Global Ecommerce, Presort Services, and SendTech Solutions segments. The Global Ecommerce segment provides domestic parcel services, cross-border solutions, and digital delivery services. The Presort Services segment offers mail sortation services, which allow clients to qualify volumes of first-class mail, marketing mail, marketing mail flats, and bound printed matter for postal work sharing discounts. The SendTech Solutions segment provides physical and digital mailing and shipping technology solutions, and other applications for sending, tracking and receiving of letters, parcels, and flats as well as financing alternatives to finance equipment and product purchases. It markets its products, solutions, and services through direct and inside sales force, global and regional partner channels, direct mailings, and digital channels. The company was formerly known as Pitney Bowes Postage Meter Company. Pitney Bowes Inc. was incorporated in 1920 and is headquartered in Stamford, Connecticut.

Key Stats

• Today's Range: $6.95 to $7.44
• 50-Day Range: $6.96 to $8.20
• 52-Week Range: $3.68 to $8.80
• Volume: 6.09 million shs
• Average Volume: 1.77 million shs
• Market Capitalization: $1.31 billion
• P/E Ratio: N/A
• Dividend Yield: 2.77%
• Price Target: N/A
• Consensus Rating: N/A

Pitney Bowes Stock Analysis - MarketRank™

Pitney Bowes scored higher than 58% of companies evaluated by MarketBeat, and ranked 347th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Pitney Bowes.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 176.32%

Earnings Growth

Earnings for Pitney Bowes are expected to grow by 176.32% in the coming year, from $0.38 to $1.05 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pitney Bowes is -3.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pitney Bowes is -3.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Pitney Bowes has a PEG Ratio of 1.35. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.63% of the float of Pitney Bowes has been sold short.

Short Interest Ratio / Days to Cover

Pitney Bowes has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in Pitney Bowes has recently increased by 4.37%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Pitney Bowes pays a meaningful dividend of 2.61%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Pitney Bowes does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Pitney Bowes will have a dividend payout ratio of 19.05% next year. This indicates that Pitney Bowes will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.63% of the float of Pitney Bowes has been sold short.

Short Interest Ratio / Days to Cover

Pitney Bowes has a short interest ratio ("days to cover") of 7.4.

Change versus previous month

Short interest in Pitney Bowes has recently increased by 4.37%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.88

News Sentiment

Pitney Bowes has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Pitney Bowes this week, compared to 4 articles on an average week.

Search Interest

12 people have searched for PBI on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Pitney Bowes insiders have sold 51.87% more of their company's stock than they have bought. Specifically, they have bought $226,200.00 in company stock and sold $343,541.00 in company stock.

Percentage Held by Insiders

14.30% of the stock of Pitney Bowes is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

67.88% of the stock of Pitney Bowes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PBI Stock Analysis - Frequently Asked Questions

How have PBI shares performed this year?

Pitney Bowes' stock was trading at $4.40 at the start of the year. Since then, PBI stock has increased by 64.3% and is now trading at $7.23.
View the best growth stocks for 2024 here.

How were Pitney Bowes' earnings last quarter?

Pitney Bowes Inc. (NYSE:PBI) announced its earnings results on Friday, November, 8th. The technology company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.08. The technology company earned $499.46 million during the quarter, compared to analysts' expectations of $467.80 million. Pitney Bowes had a negative net margin of 13.02% and a negative trailing twelve-month return on equity of 12.85%.

Who are Pitney Bowes' major shareholders?

Pitney Bowes' top institutional investors include State Street Corp (3.47%), Geode Capital Management LLC (2.00%), Charles Schwab Investment Management Inc. (1.60%) and Clifford Capital Partners LLC (1.50%). Insiders that own company stock include James Arthur Fairweather, Daniel J Goldstein, Paul J Evans, Lauren Freemen-Bosworth and Ana Maria Chadwick.
View institutional ownership trends.

How do I buy shares of Pitney Bowes?

Shares of PBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Pitney Bowes own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pitney Bowes investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Humana (HUM).

Company Calendar

• Last Earnings: 11/08/2024
• Ex-Dividend for 12/6 Dividend: 11/18/2024
• Dividend Payable: 12/06/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Office machines, not elsewhere classified
• Sub-Industry: Office Services & Supplies
• Current Symbol: NYSE:PBI
• CUSIP: 72447910
• CIK: 78814
• Web: www.pitneybowes.com
• Phone: (203) 356-5000
• Fax: 203-351-7336
• Employees: 10,500
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 19.03
• P/E Growth: 1.35
• Net Income: $-385,630,000.00
• Net Margins: -13.02%
• Pretax Margin: -11.50%
• Return on Equity: -12.85%
• Return on Assets: 1.36%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.88
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: $3.22 billion
• Price / Sales: 0.41
• Cash Flow: $2.76 per share
• Price / Cash Flow: 2.62
• Book Value: ($2.09) per share
• Price / Book: -3.46

Miscellaneous

• Outstanding Shares: 181,701,000
• Free Float: 155,718,000
• Market Cap: $1.31 billion
• Optionable: Optionable
• Beta: 1.97