Pitney Bowes Inc. [PBI] Revenue clocked in at $3.69 billion, down -45.10% YTD: What’s Next?

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Pitney Bowes Inc. [NYSE: PBI] price plunged by -9.00 percent to reach at -$0.36. The company report on June 14, 2022 that Sidoti’s Summer Small Cap Virtual Conference.


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A sum of 3791594 shares traded at recent session while its average daily volume was at 1.91M shares. Pitney Bowes Inc. shares reached a high of $3.93 and dropped to a low of $3.62 until finishing in the latest session at $3.64.

The one-year PBI stock forecast points to a potential upside of 44.0. The average equity rating for PBI stock is currently 2.20, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Pitney Bowes Inc. [PBI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PBI shares is $6.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PBI stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Sidoti have made an estimate for Pitney Bowes Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 30, 2021. The new note on the price target was released on April 30, 2021, representing the official price target for Pitney Bowes Inc. stock.

The Average True Range (ATR) for Pitney Bowes Inc. is set at 0.23, with the Price to Sales ratio for PBI stock in the period of the last 12 months amounting to 0.18. The Price to Book ratio for the last quarter was 6.87, with the Price to Cash per share for the same quarter was set at 3.54. Price to Free Cash Flow for PBI in the course of the last twelve months was 17.14 with Quick ratio for the last quarter at 1.00.

PBI Stock Performance Analysis:

Pitney Bowes Inc. [PBI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.82. With this latest performance, PBI shares dropped by -25.26% in over the last four-week period, additionally sinking by -43.57% over the last 6 months – not to mention a drop of -56.92% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PBI stock in for the last two-week period is set at 26.46, with the RSI for the last a single of trading hit 18.19, and the three-weeks RSI is set at 31.79 for Pitney Bowes Inc. [PBI]. The present Moving Average for the last 50 days of trading for this stock 4.67, while it was recorded at 4.03 for the last single week of trading, and 5.95 for the last 200 days.

Insight into Pitney Bowes Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Pitney Bowes Inc. [PBI] shares currently have an operating margin of +4.23 and a Gross Margin at +30.54. Pitney Bowes Inc.’s Net Margin is presently recorded at +0.10.

Return on Equity for this stock inclined to 3.92, with Return on Assets sitting at 0.07.

Pitney Bowes Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

PBI Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PBI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Pitney Bowes Inc. go to 6.00%.

Pitney Bowes Inc. [PBI] Insider Position Details

There are presently around $418 million, or 68.60% of PBI stock, in the hands of institutional investors. The top three institutional holders of PBI stocks are: VANGUARD GROUP INC with ownership of 19,956,333, which is approximately 1.71% of the company’s market cap and around 1.00% of the total institutional ownership; BLACKROCK INC., holding 17,252,191 shares of the stock with an approximate value of $62.8 million in PBI stocks shares; and STATE STREET CORP, currently with $22.86 million in PBI stock with ownership of nearly 2.769% of the company’s market capitalization.

Positions in Pitney Bowes Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 121 institutional holders increased their position in Pitney Bowes Inc. [NYSE:PBI] by around 13,755,250 shares. Additionally, 108 investors decreased positions by around 13,694,149 shares, while 62 investors held positions by with 87,439,401 shares. The mentioned changes placed institutional holdings at 114,888,800 shares, according to the latest SEC report filing. PBI stock had 33 new institutional investments in for a total of 4,934,174 shares, while 34 institutional investors sold positions of 6,339,872 shares during the same period.

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