Witnessing the stock’s movement on the chart, on March 16, 2023, Pitney Bowes Inc. (NYSE: PBI) had a quiet start as it plunged -0.27% to $3.75. During the day, the stock rose to $3.825 and sunk to $3.53 before settling in for the price of $3.76 at the close. Taking a more long-term approach, PBI posted a 52-week range of $2.30-$5.72.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 4.90%. Meanwhile, its Annual Earning per share during the time was -22.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 933.20%. This publicly-traded company’s shares outstanding now amounts to $174.00 million, simultaneously with a float of $161.30 million. The organization now has a market capitalization sitting at $680.14 million. At the time of writing, stock’s 50-day Moving Average stood at $4.31, while the 200-day Moving Average is $3.65.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 11000 employees. For the Profitability, stocks gross margin was +30.53, operating margin was +4.50 and Pretax Margin of +1.13.
Pitney Bowes Inc. (PBI) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Integrated Freight & Logistics industry. Pitney Bowes Inc.’s current insider ownership accounts for 0.20%, in contrast to 67.30% institutional ownership. According to the most recent insider trade that took place on Sep 07, this organization’s Director bought 20,000 shares at the rate of 2.73, making the entire transaction reach 54,640 in total value, affecting insider ownership by 45,834. Preceding that transaction, on Aug 15, Company’s Director bought 25,000 for 3.48, making the whole transaction’s value amount to 86,918. This particular insider is now the holder of 101,930 in total.
Pitney Bowes Inc. (PBI) Earnings and Revenue Records
As on 12/30/2022, Multinational firm has announced its last quarter scores, in which it reported $0.06 earnings per share (EPS) for the period falling under the consensus outlook (set at $0.08) by -$0.02. This company achieved a net margin of +1.04 while generating a return on equity of 42.63. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
Pitney Bowes Inc.’s EPS increase for this current 12-month fiscal period is 933.20% and is forecasted to reach 0.29 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.00% through the next 5 years, which can be compared against the -22.70% growth it accomplished over the previous five years trading on the market.
Pitney Bowes Inc. (NYSE: PBI) Trading Performance Indicators
Let’s observe the current performance indicators for Pitney Bowes Inc. (PBI). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 0.21. Alongside those numbers, its PE Ratio stands at $18.12, and its Beta score is 2.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.19. Similarly, its price to free cash flow for trailing twelve months is now 41.22.
In the same vein, PBI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.21, a figure that is expected to reach 0.00 in the next quarter, and analysts are predicting that it will be 0.29 at the market close of one year from today.
Technical Analysis of Pitney Bowes Inc. (PBI)
Going through the that latest performance of [Pitney Bowes Inc., PBI]. Its last 5-days volume of 1.47 million indicated improvement to the volume of 1.39 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 17.59% While, its Average True Range was 0.21.
Raw Stochastic average of Pitney Bowes Inc. (PBI) in the period of the previous 100 days is set at 45.27%, which indicates a major rise in contrast to 20.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 61.25% that was higher than 55.17% volatility it exhibited in the past 100-days period.