On January 24, 2023, Pitney Bowes Inc. (NYSE: PBI) opened at $4.59, higher 0.22% from the last session. During the day, the shares moved up to $4.61 and dropped to $4.47 before settling in for the closing price of $4.56. Price fluctuations for PBI have ranged from $2.30 to $6.17 over the past 52 weeks.
Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 4.30%. Company’s average yearly earnings per share was noted 101.80% at the time writing. With a float of $161.30 million, this company’s outstanding shares have now reached $173.85 million.
Considering the fact that the conglomerate employs 11500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +30.54, operating margin of +4.23, and the pretax margin is -0.20.
Pitney Bowes Inc. (PBI) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Business Equipment & Supplies industry is another important factor to consider. The insider ownership of Pitney Bowes Inc. is 0.20%, while institutional ownership is 67.30%. The most recent insider transaction that took place on Sep 07, was worth 54,640. In this transaction Director of this company bought 20,000 shares at a rate of $2.73, taking the stock ownership to the 45,834 shares. Before that another transaction happened on Aug 15, when Company’s Director bought 25,000 for $3.48, making the entire transaction worth $86,918. This insider now owns 101,930 shares in total.
Pitney Bowes Inc. (PBI) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/29/2022, the company posted $0 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.02) by -$0.02. This company achieved a net margin of +0.10 while generating a return on equity of 3.92. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 101.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to -45.00% drop over the previous five years of trading.
Pitney Bowes Inc. (NYSE: PBI) Trading Performance Indicators
Check out the current performance indicators for Pitney Bowes Inc. (PBI). In the past quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.27 in one year’s time.
Technical Analysis of Pitney Bowes Inc. (PBI)
Compared to the last year’s volume of 1.49 million, its volume of 1.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.28%. Additionally, its Average True Range was 0.20.
During the past 100 days, Pitney Bowes Inc.’s (PBI) raw stochastic average was set at 89.02%, which indicates a significant increase from 65.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.42% in the past 14 days, which was lower than the 57.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.96, while its 200-day Moving Average is $3.73. Nevertheless, the first resistance level for the watch stands at $4.63 in the near term. At $4.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.77. If the price goes on to break the first support level at $4.49, it is likely to go to the next support level at $4.41. Now, if the price goes above the second support level, the third support stands at $4.35.
Pitney Bowes Inc. (NYSE: PBI) Key Stats
There are currently 174,004K shares outstanding in the company with a market cap of 776.67 million. Presently, the company’s annual sales total 3,674 M according to its annual income of -1,350 K. Last quarter, the company’s sales amounted to 830,910 K and its income totaled 5,490 K.