Monthly Drifts in Pitney Bowes, Inc. (PBI) Stock: A Closer Look

A share price of Pitney Bowes, Inc. [PBI] is currently trading at $4.28, up 0.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PBI shares have gain 5.94% over the last week, with a monthly amount glided 12.34%, and seem to be holding up well over a long-time horizon.

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On 19, March 2024, Pitney Bowes Announces CFO Transition Process. In a post published today on Yahoo Finance, John Witek, the Company’s Most Recent Head of Global Business Services and SendTech’s Former Chief Financial Officer, to Serve as Interim Chief Financial Officer, Pitney Bowes.

From an analyst’s perspective:

Pitney Bowes, Inc. [NYSE: PBI] stock has seen the most recent analyst activity on April 30, 2021, when Sidoti upgraded its rating to a Buy but kept the price target unchanged to $10 for it. Previously, Maxim Group upgraded its rating to Buy on April 30, 2021. Sidoti downgraded its rating to a Neutral. National Securities upgraded its rating to a Buy. National Securities downgraded its rating to Neutral for this stock on May 05, 2020. In a note dated February 06, 2019, Northcoast downgraded an Neutral rating on this stock.

Pitney Bowes, Inc. experienced fluctuations in its stock price throughout the past year between $2.80 and $4.58. Pitney Bowes, Inc. [NYSE: PBI] shares were valued at $4.28 at the most recent close of the market.

Analyzing the PBI fundamentals

Trailing Twelve Months sales for Pitney Bowes, Inc. [NYSE:PBI] were 3.27B which represents -4.08% decline. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is 3.03 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.74.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.25 points at the first support level, and at 4.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.32, and for the 2nd resistance point, it is at 4.36.

Pitney Bowes, Inc. [PBI] reported earnings per share of $0.07 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.02/share, meaning a difference of $0.05 and a surprise factor of 250.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0 per share as compared to estimates of -$0.02 per share, a difference of $0.02 representing a surprise of 100.00%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Pitney Bowes, Inc. [NYSE:PBI] is 0.98. In addition, the Quick Ratio stands at 0.94 and the Cash Ratio stands at 0.35. Considering the valuation of this stock, the price to sales ratio is 0.23.

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